Rehabbing & House Flipping
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 about 9 years ago,
How should I structure a partnership for flipping homes
Im looking to partner with a friend for my first rehab/flip. I will be providing the funding. He is a contractor and will manage/perform the rehab. We plan to do multiple deals as we expand and perfect or systems.
What breakdown of profit do you recommend considering he will not bill for his direct services? We will only pay subs and for material?