Are you using pro forma numbers, or ones from your own research?

He suggested we form a partnership where 25% of profits are put into a general business fund and the other 75% is split evenly between the two of us.We haven't outlined separation of duties yet and I'm curious what the duties should be aside from him teaching me what he knows.

I have been looking into this for sometime now on this site along with many others My goal is to form a partnership LLC with my father, Form a land trust, then have the LLC become the beneficiaries of the land trust.

However, she suggests to all of her clients that they should form a "property management" LLC plus an additional LLC for the actual property or properties to fall under.

Hi BP community, I would like to form a real estate partnership with friends I've known for years to accumulate rental properties.

New Horizons REG Business PlanMisson Statement: New Horizon Real Estate Group will be established to form a profitable and sustainable business model in Real Estate Investing.

Also I'm always looking to network with any wholesalers to see if we can form a relationship, so any advice is welcomed.

Should we form a LLC in order to give us the same status as someone whose marriage is legally recognized?

I go with LLC, particularly if you are buying something with more than 5 units, some lenders will require you to form a LLC for that specific project.  

So pro forma's on market rents (if you can get all the units vacant!!!!!!!