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alexp71 Member
| Joined: | Wed Mar 12th, 2008 |
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| Posts: | 3 |
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Posted: Wed Mar 12th, 2008 09:46 pm |
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This will be my first deal and I intend to invest 1/3 of the capital. The other 2 investors will be silent partners.
I'm struggling in trying to determine how to structure the deal
Do I charge my partners 10% ownership to join the deal? I found the property, I will deal with financing from bank, legal issues, find super, etc.
Do I charge a management fee going forward?
What if I decide to hire a property management company? I still need to spend time in managing the manager and overseeing them.
Any help or advise on this topic would be greatly appreciated.
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