Real Estate Mont Tremblant » 3way http://www.realestatemonttremblant.ca Wed, 15 Jun 2011 20:51:44 +0000 http://wordpress.org/?v=abc en hourly 1 How Should Profits Be Split On A 3-way Real Estate Investment? http://www.realestatemonttremblant.ca/how-should-profits-be-split-on-a-3-way-real-estate-investment/ http://www.realestatemonttremblant.ca/how-should-profits-be-split-on-a-3-way-real-estate-investment/#comments Mon, 21 Sep 2009 21:14:20 +0000 james http://www.realestatemonttremblant.ca/how-should-profits-be-split-on-a-3-way-real-estate-investment/ I am involved in a 3-way investment on a rental property and we are being forced to sell because of a DOT project. Our profit on this property will be approximately $75,000 and we need to figure out how to split this up. Being close family members, we weren’t too concerned about figuring this out we bought the property.
I would really appreciate any suggestions from real estate investors experienced with partnership investments like this.
Here are the figures for the capital and work/mangement invested by each party.
Investor #1:
Invested $150, 000 by taking out a regular home loan.
Lived at the property and payed “rent”.
Did 85% of the maintenance, improvements and rental property management.
Investor #2:
Invested $75,000 from a home equity line of credit.
Did 0% of the maintenance, improvements and rental property management.
Investor #3:
Invested $25,000 from a home equity line of credit.
Did 15% of the maintenance, improvements and rental property management.
Thank you!

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