All Forum Posts by: Harper Jones

@Peace Lily I am not from that area but have had the same problems before. What I try to do is leave enough money on the table that makes the contractors want to finish those jobs/punch lists to get that last check. Also, I try and explain that the house they are doing work on has their name on it not just mine. Keep me posted on what you decide to do! 

@Peter Pratti Ended up doing some deals with that partner for about 6 months then we decided to go our separate ways. We did not have the same goals in mind. When we split up the non-compete went void. Thanks for inquiring peter. 

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.