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Updated about 7 years ago on .

User Stats

31
Posts
6
Votes
Armando DeGuzman
  • Flipper/Rehabber
  • Tucson, AZ
6
Votes |
31
Posts

Contractor incentives and/or partnership?

Armando DeGuzman
  • Flipper/Rehabber
  • Tucson, AZ
Posted
I’m a new investor in Tucson, AZ wanting to get into the flipping business to raise capital with the long term goal of investing into multi-family. Does anyone have any experience or recommendations in how to properly incentivize contractors to stay on schedule and meet cost targets? Considering structuring a profit sharing model per project with a friend who is a general contractor. Thanks!