Mitchell Berry
Setup of bringing in an investor
Hey everyone! I’m looking at my second property but am having to bring in someone to fund the deal. How do you all typically set this up? Do you tell them you’ll do all the work and split all revenue down the middle a...
Oscar Beteta
Investor / Broker Commission Split
Hello BP,I am reading "Investing in Duplexes, Triplexes, and Quads" by Larry Loftis and came across the concept of partnering up with a "Buyer-Broker." The advice is to find a broker who works with real estate invest...
Nick Parks
Flipping Profit Split
Hi all,I am going to buy a house to flip and be the one to manage the project. I will line up contractors, get bids, schedule, do small items myself and what not. I have a person who wants to lend the money for a dow...
Jason Crowe
Land Splitting/Subdividing Jacksonville
To subdivide a property or split in 1/2, what are the steps in doing this. This is just a single split in half for the property no more. Can this be done through normal channels of zoning, appraiser and title company...
David Levin
Equity Split on Multi-Family
Hi All! I would like some feedback on structuring a deal. Here is the scenario:Purchase Price - $525K Seller pays closing - Total to close is $131,250My Investment is $50K (plus reserves if needed) - I also did ALL li...
Jordan Archer
Question Regarding Reserve Accounts for Syndications
Hi BP,When using syndication to purchase an investment property, I understand that you would normally pay your LP's between 8% - 10% preferred on their investment, and then split the excess (somewhere between 50/50 - ...
Mike Bass
Partner Split percentage?
I have an opportunity to partner with someone I trust, who is dependable, does really good work, and has all the skills that I do not. He's been a contractor / superintendent for 15 years and has the skill set to do ...
Adam Campbell
Syndication GP versus LP equity example
Hi amazing BP community!I'm beginning my journey into syndication and would love to hear from those of you who have mastered the syndication deal details.SPECIFICALLY: where can GPs acquire equity and fees? I've read ...
Jacob Calbillo
Partnership payment question
I will hopefully be doing my first multifamily deal soon and am going to partner with someone I trust. He has the cash and I am bringing the deal. When we talked about potential profit splits, he said he could 1099 me...
Derek Lamonde
Why would a builder want to partner with me?
Initially I contacted a builder to inquire about putting a MFH on a lot I was looking at and he basically talked me out of it. We ran through the numbers together and determined the lot is about $50k over priced. As t...