Grads will recognize this location

InnoVest Resource Management's

Foreclosure Forum

Home

Discussion Board

"Hands-On" Training

Title Holding Trust

Annual Reunion

Speaking Schedule

Store

Foreclosure Fundamentals

Code References

50 State Foreclosure Basics

Foreclosure Glossary

Foreclosure Statistics

70+ Yrs Interest Rates

Fillable Forms

Archived Articles

Dingbat Retirement Plan

Links

Contact / Map

About Us

Home

 

BBBOnLine Reliability Seal

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ]

Re: profit sharing splits with investors

Posted by Paul Herold on January 27, 2010 at 1:50 PM

In Reply to: profit sharing splits with investors posted by Paul Herold on January 26, 2010 at 11:40 AM

: I have been partnered up for about 8 years now with an investor. I am the initiator, contractor and real estate broker and etc. of the operation. I am very satisfied with our 50/50 profit split and always have been. The only issue I have is the money is borrowed from various sources and the investor also charges interest paid as expense and we both share the cost 50/50. I am fine with that and always have been. Now that profits are good we are rolling profits back into the business and interest is still being charged as before. Any opinions on this? Your professional input is appreciated.

Some good points there Greg-thanks. I do not have the assets for the financial backing from subject lenders to do the volume we are doing right now. So you think for me to charge broker fee's and recon fee's to the transaction and still take the 50%/50% split of the profits? Any other split you have hear of where its 50/50 and the investor also gets interest on the money? or is providing the funds the justifing means for the 50%?
Thanks


Follow Ups:


Post a Followup:

Name    : 
E-Mail  : 
Subject : 
Comments:


[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ]

WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.

Copyright © 1997-date("Y"), InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455