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Updated over 5 years ago on . Most recent reply

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Kenneth Moerschel
  • Rental Property Investor
  • Brooklyn, NY
5
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Share ideas on good bad partnerships with contractors to flip

Kenneth Moerschel
  • Rental Property Investor
  • Brooklyn, NY
Posted

A contractor asked me to do some flips I can bring money and potentially look for homes and he can do the work but can you share positive and negative stories on this scenario? It will be legal paperwork and a real estate agent.

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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
Replied
Originally posted by @Kenneth Moerschel:

A contractor asked me to do some flips I can bring money and potentially look for homes and he can do the work but can you share positive and negative stories on this scenario? It will be legal paperwork and a real estate agent.

 If you are finding the properties and putting up money there’s really no reason to partner with the contractor. You can just hire them to do the work.

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