The profit is 100k so you would split it evenly. 50k each because you've chosen to split it evenly.You and a partner will decide how things are split up based off what is reasonable in relation to your contributions.

William,Great advice and thanks.I just got back from the viewing and in fact, I created a good first impression to the point that I did show the agent the development I did before and felt could fit on the property I am interested in.Total confidence has been gained from the agent.The property is in trust, so the agent was just chosen purely on their valuation of the property; I have created the incentive that if I get the property, then they have four to sell later.  

My very first tenant was chosen because I needed a tenant, and she was the only one who applied.

What do you think the odds are your one account would be chosen?

Single family homes may provide more control over the rental experience due to only having one tenant, while multifamily dwellings can often bring in higher returns if chosen correctly.

I am hoping to expand my network and knowledge with any and all that wish to pass on the hard earned insights.I have not actually chosen my ‘farm’ as of yet, I am looking into warren Michigan but I am not hard set on it quite yet.

Though my brothers still live where it's sunny today, I’ve chosen to stay here in Indy—its just home nowJIn retirement, I feel I have my bond and stock portfolio in order (generating all my income now) and I’d like to start developing a real estate portfolio here in Indy.

Efrain,Aloha, You've chosen a great place to begin any REI, if you'll be doing it part-time or full-time.

Personally, it is not a sub-market we have chosen to pursue. 

I'm from Rockland myself and thus have chosen to work in the Orange County area.