All Forum Posts by: Sid Kat

Thanks Glenn and Shawn. I agree with you and I kept partner ship as last option.

I am OK any day after office hours.

I am also interested in meeting too. Please send me location and time.

Sid.

Thanks Sharad for your reply. I am also from India but newbie to real estate business.

I only own one rental unit on my own so kind of a starter only in real estate . I am new to rental patnership but I was also planning the 50/50 split and share mortgage guarantee. I haven't proposed any proposal yet but looking what will be fare option's.

My frnd is not from my place and I have to put time and effort in market analysis numbers, screening tenants and renting out and maintainence. So do you think I should repay him my share of down payment later and do 50/50 in the money left over from maintainence OR I should do 50/50 in the money left over from maintainence and make it clear to him that his intial down payment (25-30 percentage) will not be shared later.

I haven't understood when you mentioned value of repairs ? Do you mean I take care of all the unit repair expenses almost to 50 percent of downpayment and then share profits 50/50 .

Many Thanks in advance

I am looking out for options to join of one of my friend as a silent/sleeping partner for rental property.if he provides the initial investment for mortgage down payment and i take care of complete work what should the sharing ratios.

I am looking out for options to join of one of my friend as a silent/sleeping partner for rental property.if he provides the initial investment for mortgage down payment and i take care of complete work what should the sharing ratios.

Thanks,

Sid