All Forum Posts by: Steven Cloud

@Adam M. How's Denver treating you? I'm headed that way in June to check it out actually. 

I'm having a little trouble cleaning up my spreadsheets from listsource. Do you think you could send me those videos you've created? I sure would be appreciative. 

@Ryan Dossey He will be doing as much of the work as he's able. I'm confident he could do most of the work but in the interest of time (and money), I think we'd hire out a few things; subcontractors, no GC. 

@Ray Lai That book looks great! I can't believe I've never heard of it. Any help with direct mail would be fantastic! I'm a little concerned about the area being saturated with the same message from different investors. 

You definitely hit the nail on the head @Nick Beveridge. My brother and I are pretty laid back and our wives are...not. 

Thanks @Eric H.! That's sound advice. We'll give it a try and see how it goes. 

My brother and I want to partner on a single family flip in Idaho. I live out of state, and will be doing all the direct mail marketing, answering the phone, qualifying the leads, and financing the deal. 

He lives in Idaho and will be inspecting the property and doing the work and/or managing sub-contractors. 

I’m wondering what kind of profit split would be fair to both parties after all of my initial investment is returned.

We want to write up a contract so that our roles are clearly defined and expectations are laid out. Right now we're thinking 50/50 might be best. 

Any advice would be amazing!