Finding Fix/Flip Partners

[Account Closed]

Last year I came here to BP when my marital home wasnt sold yet. Well update! It sold in November, however I had to split the profit with husband so I have some capital, but not enough for me to purchase properties where I live. (I'm in Southern California) Because of this, I am thinking it's best to partner with someone more experienced in a straight fix and flip until I have enough capital to do this on my own. I have bought and sold primary residences before, staged many STR for an investor early in my career (Im an interior designer), and renovated homes for others, one of these which mostly recently sold this year: zillow direct link when I was working full time. I am blessed to be in a position where I could quit my 9-5 to care for my daughter during this summer as that is cheaper than summer day care. This has allowed me to research, read, watch videos, listen to podcasts, etc. but frankly I would like to make this time most productive by jumping in. I learn best by "doing". The design part I can do in my sleep obviously but I would like to see first hand the process of finding a deal, analyzing, budgeting for rehab, etc. basically partner up, shadow and bring my own skills and some capital to the table. So my challenge now is finding other people to bring in on deals/vice-versa? Ideally, I would like to be able to visit the jobsite regularly, if not everyday here in CA. but Im open to out of state (midwest) projects. Thoughts? Resources? Should I ask local agents? Property managers? Post on social media? Thank you!

[Remington Lyman]

Quote from @Account Closed:

Thanks Matt!  All that makes sense. And I agree. So in the end I’m looking to invest out of state anyway since Im thinking of leaving CA for personal reasons (I really like Ohio right now) but just thought starting here with someone would be easier since well… im here lol I’m totally fine with not getting 50% out of it. I would even be okay with just getting paid a PM fee or something like that. It’s the experience and knowledge that is worth more to me. I have found that flippers and agents just see designers as an unnecessary drain on their profit and I totally get that too. Anyway thanks for your reply it was really helpful! I’ll try some of things you mentioned. Take care! 

 Ohio is a great place to invest!