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Updated over 5 years ago on . Most recent reply

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Len Ayton
  • Contractor
1
Votes |
6
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working for equity instead of pay.

Len Ayton
  • Contractor
Posted

Good day bigger pockets. I am a small business and I have been contacted by a large investor to provide a quote for providing and installing flooring in several of his units. I'm wondering is it possible to work for equity or a percentage of a deal or whatever instead of getting payed for work provided?
If so how should I approach him with the offer?
What should it look like?
what has worked for you in the past?

Any other suggestions that would be helpful would be appreciated.

Most Popular Reply

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Ryan Murdock
  • Rental Property Investor
  • Maui, HI
1,708
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1,168
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Ryan Murdock
  • Rental Property Investor
  • Maui, HI
ModeratorReplied

Tough to try and get equity as a contractor in that capacity. I don't think I'd ever give any as a straight exchange for work. 

You'll be better off finding a good deal on a property, bringing it to that investor, and trying to partner that way. A flooring contractor brings nothing that any other flooring contractor couldn't be paid cash for - no need to give equity. A flooring contractor that brings a deal? That's actual value that is worth equity.

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