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Who is getting the better deal?

My brother and I have started doing some real estate investing together. We live in separate locals with his being better for finding reasonable deals. We each bring something to the table, he finds the deal, does the leg work, sets up the refinance, deals with the rehab (although on the first one I did some of the rehab but he admittedly did alot more.) I bring the capital and pay for all associated costs. We then do the BRRR and refinance all my money back out. We then each have 50 % ownership. He has recently requested that he get an additional 10% from my end of rent to manage my portion of the property. I am opposed to this as I sort of see it that him getting 50% without having to put up any money should be fair. He sees it the other way cause I get all my money financed back out and he says he could just get the money from the bank and own the whole thing but he prefers that we do it together. The last property my money was only tied up about 3 months before refinance.

Who is right here? What is fair in this situation?

submitted by /u/JDUB0044
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source https://www.reddit.com/r/RealEstate/comments/c6sk9q/who_is_getting_the_better_deal/
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