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All Forum Posts by: Dave Brown

Dave Brown has started 1 posts and replied 2 times.

Land & New Construction

Post: Manager/Partner Compensation

Dave BrownPosted
  • Property Manager
  • Pittsburgh, PA
  • Posts 2
  • Votes 0

Thanks for the input Mike! Yes, he needs money to sustain until profitable. The contract is the sticky part of this whole arrangement.

0 Votes
Land & New Construction

Post: Manager/Partner Compensation

Dave BrownPosted
  • Property Manager
  • Pittsburgh, PA
  • Posts 2
  • Votes 0

Newbury is currently in multi-family property mgt. We hired a project manager who will be managing a new business venture for us flipping and new const. This individual will participate in the profits from projects, but we need a way to compensate him while he is getting the new venture off the ground. Any thoughts?

0 Votes