Hello all!
My and my business partner are venturing on our first property development project. We're looking to build houses/flats on land just outside the London area.
We're teaming up with 2 other people (close friends) who have expertise in business loans and the other in architect/structural engineer expertise. Me and my partner are essentially providing the equity and the other 2 are providing expertise only.
The problem is they're asking for 60% of the end profit share from the partnership. They say that as they're providing the expertise and are essentially managin