Joint Venture Contract

[Brad Farmer]

Hi BP, I am looking into doing a joint venture flip with someone in my market who has plenty of experience flipping homes. I am looking for some information on a necessary contract agreement in order to align the expectations of both parties, and to ensure the payout is distributed evenly. If anyone has a certain contract that they have used before, that is applicable, that would be great. Also, any other words of advice on a joint venture flip are appreciated!