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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] profit share plan Posted by peter on July 28, 2003 at 2:03 PM I bought and sold several foreclosed properties and got some experience and taste in this business. I found someone who has money but no time no interest in doing work. I will do everything including research, bidding and etc. If we share the cost 50/50, what is a fair plan for profit sharing? 1/3 1/3 1/3? 1/3 for his money, 1/3 for my mony, and 1/3 for my work. How about he contributes all mony? What is a fair port of profit should I get for all my work? 30%? Thank you for your response. Peter Follow Ups: 50/50 profit split Ward-CA- 6:34 PM, 07/28/03 (0) 50/50 profit split Ward-CA- 6:30 PM, 07/28/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I bought and sold several foreclosed properties and got some experience and taste in this business. I found someone who has money but no time no interest in doing work. I will do everything including research, bidding and etc. If we share the cost 50/50, what is a fair plan for profit sharing? 1/3 1/3 1/3? : 1/3 for his money, 1/3 for my mony, and 1/3 for my work. How about he contributes all mony? What is a fair port of profit should I get for all my work? 30%? : Thank you for your response. : Peter Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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