Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago,
Taking on a contractor as a investment partner
Hello BP!
I may have an opportunity to take on a contractor as an investment partner. His business acumen is great and he doesn't really good work. On paper, it seems like it would be a great idea. Just kicking the tires on the idea as of right now and haven't really conceptualized what the partnership structure would look like.
Wondering what everyone's thoughts are on having a contractor as an investment partner.
What are the pros and cons and would this be something to seriously consider?