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Updated 12 months ago on . Most recent reply

User Stats

5
Posts
1
Votes
Oded Bahiri
  • Investor
  • Ocala, FL
1
Votes |
5
Posts

Should I partner up?

Oded Bahiri
  • Investor
  • Ocala, FL
Posted

Hello! I'm interested in partnering with someone who has experience in a few fix and flip projects in Florida. I would like to offer the money and split the profit. However, I also want to learn from this experience. Do you think it's a good idea for me to start this way? My main concern is dealing with contractors since I'm out of state, so I feel it would be better for me to partner up for my first deal.

In summary, do you think it's a good idea for me to partner with someone for my first deal, put in some or all of the money, take a smaller return, but gain knowledge and confidence to start on my own in the future?

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