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Adrian Stamer
Pro Member
  • Real Estate Investor & Agent
  • Richmond, VA
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319
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Starting a handyman business?

Adrian Stamer
Pro Member
  • Real Estate Investor & Agent
  • Richmond, VA
Posted Nov 18 2014, 07:46

Hi, I wasn't sure the best forum section for this, mods feel free to move it.

So currently my partner and I are self managing our rentals and we have a handyman that works for us.  My partner and the handyman are interested in kind of spinning off the handyman part of the business to actually take outside projects and grow that section of the business some. 

It strikes me somewhat as a charitable action on my partners part, but certainly a monetizable situation too, it just needs to be treated as a real business.  I'm the numbers and long term planning guy of the partnership while my partner more runs the day to day of things.  Also I love leveraging new technology in old traditional businesses and certainly see some opportunities there for this too.

Any suggestions on how to proceed here?  I've learned such a good deal of quality information on this site I wanted to bring this topic up here too.

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