Jason Blum
Partnership ideas?
I recently bought a duplex, it's a rehab project. It was bought through the LLC I manage on behalf of my LP's. My economics as the GP are 2% aum fee/20% profit split/1% acquisition/disposition fee. I have a friend(exp...
Eli Kallison
Multifamily Partnerships
Hey BP,How do partnerships on deals generally play out? Do people usually come with a specific deal, or do partners generally seek out deals together?I'm looking to pull the trigger on my first Multi in the next 6 mon...
Hank Ful
Partnership problems
Anybody have any ideas on how to get out of 50/50 equity partnership on a rental house. There is no partnership contract except a deed in both our names.
Derek Smith
Possible Partnership
I have a friend who pitched to me an offer for a business partnership. I personally do not know if there are any legal roadblocks to what he suggested or if it may simply be an ethics issue.
He is currently a...
Account Closed
Partnership Structure
Hi,New to BP. Multi-family owner starting first flip project.My question is on the structuring of my partnership.I am related to my partner and he is also a Realtor? How should the commission he makes be handled?Shoul...
Joseph Adelmann
First Partnership
Hey BP nation,I am working on a deal on a 3 unit multi family property with a partner. The property is listed at $40K ( I'm in a more rural part of PA) fully rented and my partner will purchase the property with cash....
Dana Regan
Partnership approaches
I am starting a partnership for flipping. I am responsible to find the property and funding, my partner does the renovations (the contractor- including labor and expenses) and we share the profit. He wants a bonus o...
Rey H.
Family Partnership
New to BP, so here it goes!I'm looking to start a family partnership with 3 partners. The goal of the partnership would be to develop a portfolio of properties to generate passive income long term through some mix of ...
Othem Lindsay
Wholesaling partnerships
Hi everyone,I live in the UK but I'm about to begin wholesaling in Orange County (NY) and Nassau county (NY). However, I'm ready but networking and finding cash buyers is a tad more difficult than expected; I've got m...
Emad Khaz
Partnership advice
what is your advice on partnering with a really good handy man/friend, the most fair way to split the profit if it was a flip . .. he can do all the work on a property (he pays nothing,just labor ) ..so i pay for all...