My question is how does this partnership translate into distribution of revenue?

I'm still building my network but have experience in the project and contractor management space from a construction standpoint that translates well to rehab work.

I would also have the house thoroughly inspected, many times 'tired of being a homeowner' translates to 'tired of paying for repairs/capex'.

I do project engineering which does translate to RE a bit - scopes of work, cost estimates, monitoring of contracts.

MS in International Business/Undergrad in Mandarin Chinese Translator/InstructorI mostly work in war zones, but prefer B neighborhoods for real estate.

Translated into english it reads buy something you will lose lots of money monthly on and hope like heck you can sell it for more later.

The game is easy to win: buy enough small deals, sell and create enough cash to pay the down payment for a large deal and you are out of the rat race.In real life, I have never purchased a negative cash flow property and have only borrowed money for one deal.The biggest issue that I have found in terms of translating the game to real life is finding the big deals.

The "rule" as it has been defined and described throughout BP is that 50% of your income will be eaten by expenses, the remainder is what you get to keep to pay off any debt service or as profit.The 50% rule includes property management, so if you self-manage then that translates to about 40%, not 50.If you bring in $1000/month on a single family home you should expect that over the long haul (10+ years) you're going to average about $400/month on expenses ($500 if paying property manager).Keep in mind this is a general rule of thumb.

@Michael Morgan Hands-off, hassle-free REI usually translates to buying higher end properties, and then paying to have them managed.

I don't know how or if that will translate to a marketing campaign focused on motivated sellers, but we'll see!!