Getting paid by others to flip
An out of state investor contacted me asking if I would be interested in doing a flip for him. Should I charge a flat fee or an hourly rate? Has anyone seen an agreement for this type of service?
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Thats an interesting proposal. If it was me, I would ask for a conservative fixed amount that you would be guaranteed for along with a possible additional bonus based on the profitability of the property. That way you are covered but also have shared incentive on the outcome.