Real Estate Broker · Indianapolis, IN · Member since 2023 · 16 posts · 1 vote
I have a few clients under contract on some flipped-to-be homes, and I am helping them find some trustworthy, speedy contractors. They are open to partnering as well to share the profit and get discounted rehab cost. Does anyone have some referrals for the Indy area?
Real Estate Consultant · Madison, NJ · Member since 2016 · 6k+ posts · 7k+ votes
2y
Trustworthy, speedy, and discounted are not things you find together. Most contractors aren't going to go into profit share on something they were not looped in on in the buying process. Putting new flip clients with new contractors is an epic disaster waiting to happen, especially if they are expecting some discount from someone they have never worked with.
If these flippers want the product to be good, they need to hire the best contractor, pay them what they are worth, and then just take the profit.