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Updated over 5 years ago,
Should I work with my brother?
My husband and I have a renovation company and real estate investing group in the greater Chicago area and do pretty well.
My brother lives in Orlando and is struggling financially. I have the idea to teach him wholesaling basics and provide him access to all of our tools such as software, Google business phone, etc.
From there he can work the area and see if he can make something happen. I would love to help him financially and we can do some sort of split of profits.
This business is all about the work you put in and I would have appreciated so much someone who was there for me who already understood the business. My husband and I primarily buy directly from homeowners and then keep the properties to flip and not so much wholesaling so this would be different for him.
What potential issues/pitfalls might there be and how can we overcome them so I can help give him this chance?
Thanks!