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Updated over 8 years ago on . Most recent reply

User Stats

132
Posts
45
Votes
Chris Marshall
  • Investor
  • Ocala, FL
45
Votes |
132
Posts

Potential partner for a flipping business.

Chris Marshall
  • Investor
  • Ocala, FL
Posted
Because I want to keep my day job for now I need to find someone to help me take care of the day to day in the flipping department. I have a dinner set up with some clients of my wife. They are looking to get into flipping because he was part of a business that was doing it already. I'm looking for things to ask him to make sure he would be a good partner. Besides construction experience and make sure his moral and ethical standards line up with mine, what are other things I should keep in mind? And assuming he is a good fit, if I am putting in all of the money and I'm sure I will spend my weekends working on things. And I won't just throw everything on him to do. What kind of split should I look at doing?

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