This doesn't include lots which tend to contribute about $10-15 per sf to the total cost.

The five of them contribute money into the entity.

Once I hit a certain level of profit, I'd like to come up with a way to reward him for having hopefully contributed to a successful flip (bargaining with subs, looking for ways to cut costs, etc.), so my plan was to give him an increasing cut of the profit as it grows (and have it cap out at a certain point.)

Maybe even one day being able to contribute with my knowledge after I've become successful in RE investing!

The banker has blessed this notion.

I look forward to learning and contributing to the process as well.

(No mortgage brokers) The operating agreement basically "split" the returns to each individual based upon the cash contributed.

I really like this community and look forward to contributing and getting to know you all.

Hi all,I've been lurking around these forums for awhile and thought now was a good time to finally register and start contributing!

So, what contributes to hours and what doesn't?