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All Forum Posts by: Tyler Warne

Tyler Warne has started 18 posts and replied 62 times.

Post: Looking for structure advice.

Tyler Warne
Posted
  • Real Estate Broker
  • Helena, MT
  • Posts 65
  • Votes 28

@Jeff Rabinowitz, Both myself and father are on the note. We are simply trying to structure a holding company (LLC). I will be doing all management and really everything except providing the majority of the capital. I would like to make it fair, however I also think that I should get partial equity for finding, putting under contract and managing. I was just curious if you have had partnerships with investors in which you received equity. Anyhow thank you for your comment.

Post: Looking for structure advice.

Tyler Warne
Posted
  • Real Estate Broker
  • Helena, MT
  • Posts 65
  • Votes 28

I am looking to invest with my father, he currently has 2 single family houses which are in his town. I have a 4-plex under contract and don't have the cash to purchase it on my own and I am curious how investors have split both the equity and the repayment. 

I was thinking of me taking a 10% management fee and my father making a 13% rate of return on his down payment then splitting the equity 50/50. Does that sound OK from what others have done in the industry?