Expanding to Remote Flipping
Hi All,
We're a real estate investment corporation (mainly flipping) operating in the Bay Area of California, we've been doing this about 7 years and flipped 200+ houses. We're expanding operations, to work with investors in other locations (guiding them through the flip for a small cut of proceeds), and we're wondering:
A) Does anyone else have experience doing this sort of thing? If so, any issues we should look out for?
B) What kind of interest do you think there is for this sort of arrangement?
Also anyone who has flipped a house remotely, I'd love to hear your experience. Thanks!
Pecuniary