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Updated about 4 years ago, 09/22/2020

User Stats

7
Posts
3
Votes
Justin Clark
  • Rental Property Investor
  • Charleston, SC
3
Votes |
7
Posts

Looking for folks experienced in Maui flips

Justin Clark
  • Rental Property Investor
  • Charleston, SC
Posted

This might be a one-off but here goes: looking for folks experienced in taking on a partner who does not have capital to invest but can contribute local knowledge and more specifically, master level trade skills.

Here’s the scenario: I have family who are in the trades on Maui. They are very good at what they do but the cost of living in the islands makes owning a home for local Hawaiians more challenging then a lot of places. I want to look into a way to structured a partnership with one of my cousins to rehab and flip properties where they do the rehab and we split profits. The idea being if we could do a few properties together they could put together enough for a down payment on a house. This is part business opportunity but a larger part kuleana ohana.

I would love to connect with anyone who has significant experience taking on a partner who brings sweat equity to the deal. Appreciate cautionary stories about going into business with family but that’s not really what I am seek here.

Let’s connect!

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