Updated about 8 years ago on .
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Non-Compete
Hello all,
I am new to this site and I am new to real estate. I need some serious advice on what to do in this scenario.
The dilemma is facing signing a non-compete to partner with a someone to specifically wholesale properties. We would split the business 50/50. We would both split the costs, and the profits. He has been in real estate for a couple years, although he still has a day job working towards doing real estate full time. He has had exposure and success within the wholesaling market.
I am all on board to partner with him for various reasons, but the non compete states I can not wholesale within the same city/market as the business for 18 months after leaving the business, if I choose to leave.
Thoughts on what to do in this scenario?
I am meeting with a lawyer later this week.