@Shlomo Rozen I've seen this type of "partnership" work, but most often do an ugly meltdown.Nobody wants to spend the time & effort to properly establish a formal partnership, with an LLC, Operating Agreement, etc.So, when negative cashflow requires the partners to inject their own capital - there's finger-pointing and a meltdown.Proceed with MAX caution...

There are 30 acres that I own and I'm looking to potentially partner with a developer who's done it before. 

My partner over the years has been able to build a really solid network of hard money lenders, and we have access to a few mill now.

Hi everyone,I just purchased my first fix-n-flip and am looking for some advice on saving $$$ and hassle.Scenario 1:  Partner with a contractor (consists of 2 people) to save on building and split profits (split would be 4 ways because I am partnering with my sister)Scenario 2:  Hire a few contractors (having a 'contractors bidding open house' this Saturday) to get multiple items done simultaneously and supply majority of materials myself.  

Let me explain my scenario - Myself and a Business Partner are 30 years old, we have a single 4-plex and a condo currently under our belts in Portland Oregon.

I would suggest you partner with someone that has done them before to go through the first couple with you.

If you're open to partnering up, we'd love to connect. 

We are in discussions of me becoming a partner and I would like to speak with someone that is currently involved in the space to get a few unbiased questions answered.  

For example, it might cost $80K to build but they charge $120K.Financing Kickbacks – Some partner with lenders and earn referral fees or offer in-house financing to profit from interest or servicing.Revenue Sharing Models – Some newer companies will build the ADU for little to no upfront cost in exchange for a cut of future rental income (often through Airbnb).Prefab/Modular Units – By using standardized designs and factory-built models, they reduce build time and labor costs, increasing profit margins.Add-Ons – Upselling property management, furniture packages, solar, or landscaping adds extra revenue per project.Each company is most likely going to be a bit different, but those are the common ways they monetize the service.

I have a potential partner looking to convert a motel in studio apartments.