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Updated almost 13 years ago,

User Stats

17
Posts
5
Votes
Jennifer Handlin
  • Real Estate Investor
  • paw paw, MI
5
Votes |
17
Posts

Contractor contracts with a share in the profit

Jennifer Handlin
  • Real Estate Investor
  • paw paw, MI
Posted

I flip homes and have been the GC on the projects, I would like to find a contractor/partner to share in the profit and in exchange manage most of the GC work, while foating his labor until the house sells and receiving a % of the profit. I will still be part of the project but not have to be on site everyday. Looking for a contract that provides both parties with expectations and legal verbage. Any experience/recomendation?

THANKS!

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