Financial aspect of grow op partners

Hi all,

Not sure if this is the right place to put this but as I'm new (and this is newbie bit) please bare with me.

I'm wondering about the financial aspect about grow ops and the situation I find myself in.

Before I started a grow op with my mate they "enticed" me into it by offering to pay for my electric bill and all the bits that go with it so that I had no outlay (there would be minimum physical input from my partner). In return for the "rental" of my space and my "babysitting" duties of caring for them until they went to the big smoke in the sky (approx time around 3 months) we would half the grow 50/50.

Now that the 1st grow is finished, they are now trying to renegotiated and I was wondering what the usual deal is or what others have agreed to as I'm not sure what my bargaining hand is at all!!

Thanks for your help!!
 

Warlock1369

Well-Known Member
If they put up all the money for everything. You lived for free and took care of the plants till harvest. That's a 40/60 deal. If you put money out and did the work till harvest and they help trim it's 50/50. If you did the work put money out and trimmed alone it's 60/40. That's what I do. And pay as so. But you also gotta think about who is getting rid of it. Is it you or them. That's a 10% risk right there.
 

supchaka

Well-Known Member
Typically the deal is whatever two people find to be a fair ground. This can go 1000 different ways. If you aren't happy with the "new" arrangement let them know and modify it, or back out of it completely. It's that simple, only you can say what's fair or not.
 

Warlock1369

Well-Known Member
Oh and that's only split after bills are paid and next grow is taken care of. So first grow dosnt pay much but 2nd will. I pay my growers on that scale. This grow pays for next. Not this grow pays for what was spent. So let's say I paid rent electric and nutes for that grow. Cost me 10k. Next grow is gonna cost me 10k as well. We got 10L. I sold it for 3200 a L. That's 32000. Take the 20k out we got 12k. Take 2k for upgrades or unknown problems. We are left with 10k. It's a 60/40 split. But I sold it all so I take 10% off the top. So we are left with 9k. So in the end out of the 9k I take 5,600. You would get the rest. So that would be 3,400. But is it was a loss are you gonna pay me? No I have to eat it. That's why I do it this way. But that's me.
 
If they put up all the money for everything. You lived for free and took care of the plants till harvest. That's a 40/60 deal. If you put money out and did the work till harvest and they help trim it's 50/50. If you did the work put money out and trimmed alone it's 60/40. That's what I do. And pay as so. But you also gotta think about who is getting rid of it. Is it you or them. That's a 10% risk right there.
Thanks for the info. "lived for free"? The grow is in my house and the money given for the electric bill ONLY covered the amount of electric used for the grow - I paid for what I was using. I didn't get rid of my smoke - I smoked it lol!

Now they want me to buy seeds, get new bulbs and a new fan (and everything I did the last grow) still getting 50/50 at the end and I'm thinking that there seems to be a bit of "skullduggery" going on.

My partner also has another grow with someone else and they only take 10% because the grow is in his house and their partner has no interaction with the grow as my partner does all the work.

I can appreciate that all deals are individual but was just wondering the general consensus of being in the union!
 

supchaka

Well-Known Member
Oh and that's only split after bills are paid and next grow is taken care of. So first grow dosnt pay much but 2nd will. I pay my growers on that scale. This grow pays for next. Not this grow pays for what was spent. So let's say I paid rent electric and nutes for that grow. Cost me 10k. Next grow is gonna cost me 10k as well. We got 10L. I sold it for 3200 a L. That's 32000. Take the 20k out we got 12k. Take 2k for upgrades or unknown problems. We are left with 10k. It's a 60/40 split. But I sold it all so I take 10% off the top. So we are left with 9k. So in the end out of the 9k I take 5,600. You would get the rest. So that would be 3,400. But is it was a loss are you gonna pay me? No I have to eat it. That's why I do it this way. But that's me.
So in your scenario on the second grow 10k less would be taken since that grow was already paid for. You'd still take an extra 10k for the 3rd grow but in essence theres an extra 10k to share on the second grow correct?
 
It was small scale to start off with as our first go. No rent. It cost $160 for set up (tent, fan, etc) around the same for elec, grow medium, pots, nutes, etc so another $160 = $320 and our final crop was around $800 at $324 an oz so got half of that around $400 worth. I'm thinking it would be better to go on my own!
 

Warlock1369

Well-Known Member
So in your scenario on the second grow 10k less would be taken since that grow was already paid for. You'd still take an extra 10k for the 3rd grow but in essence theres an extra 10k to share on the second grow correct?
That is right. But nothing works like on paper. So that is basic.
 

Warlock1369

Well-Known Member
It was small scale to start off with as our first go. No rent. It cost $160 for set up (tent, fan, etc) around the same for elec, grow medium, pots, nutes, etc so another $160 = $320 and our final crop was around $800 at $324 an oz so got half of that around $400 worth. I'm thinking it would be better to go on my own!
That small yes do it yourself
 

chameleonchild

Well-Known Member
You also got to understand that if it's illegal in your area your taking a great risk with heightened electric bills, houseing the plants can be felony. depends on the region. just be careful who you deal with who knows of the op, etc. my advice to you is do it yourself now if you can sell it or smoke it whatever your plans are. but beware piss some people off and they will rat you out! GL!
 

RetiredMatthebrute

Well-Known Member
yeah man go ahead and just starrt your own grow, be aware of the laws so you dont get screwed completly if something goes down (a misdormeanor is usually just a fine where a felony may be jail time) get your own equipment and just grow for personal use. your "partner" isnt trying to do you any favors he is pretty much using you so if anything goes down he wont be around for the crimial after effects but still can make a buck off the fruits of your labor.

I am in a situation right now where i cant grow indoor at my place due to space restrictions. i have a good friend that grows as well said i couls setup my rig at his place and just pay for the electricity i use. in return i will give him some free smoke. he wont be doing anything to my grow i will be maintaining it 100% (already told him i dont want him touching ANYTHING!! and wwas pretty clear about that) so for him taking really no more risk than he already is (since he grows) and having to do nothing at all he will be getting some free smoke.......end of story.

if you dont mind taking the risk housing the plants i would tell your partner that he needs to buy the equipment, otherwise it wont be his grow anymor eits going to be yours....your house, your equipment......your grow.
 
We tried small cos I have killed a few cacti before so am not really good with plants but now I have found a plant that actually thrives living with me so only had a few to start off :grin:

Added on electric was around $15 dollars a week to start with as only a meter tent with 400w which then dropped to around $8 so not that bad plus I do a lot of DIY like sanding and stripping wood!

Thanks for the heads up chameleonchild, duly noted!
 
I was thinking of approaching my solid seller and asking him what his offer would be as he has said that he can't find anyone to grow for him. He has no idea where I live and would have zero involvement only supplying equipment and such and I was going bigger than last time anyway's - obviously!
 

cues

Well-Known Member
Why are you guy wanting to give your gear away? If you can't afford a grow op, do cfl and soil or something until you can.
 

Warlock1369

Well-Known Member
Yup. The grow I show is mine. I own everything but my partner has the house. I do the work so we split 60/40. It's family snd I dont pay rent. No of the other grows will be shown. And mist of then bought me out 2 years ago. Only have 2 others going. 1 50/50 other is 80/20. I set it up and get rid of it. That's it. And the 50/50 one is small. Half the time I don't even want the split. Only 4 plants. I'm working on getting a larger grow going. 3 family's. Still legal but my cost is huge. But I don't take any risk. Just cash. So that's gonna be a 40/60 split till I'm paid back then 90/10 for 2 years. And got a 50/50 partner on my outdoor. Building everything now. This year was a experiment to see if they could grow in those temps. Yes but elk got most fo them. So it's a loss and nobody gets paid.

Partners are a big risk. If you realy don't need them don't get them. And don't trust anyone. If I can't stop in at anytime to any of the grows I pull it. Be safe brotha be safe.
 
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