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Updated over 4 years ago on . Most recent reply

User Stats

22
Posts
10
Votes
Susan Dobbs
  • Rental Property Investor
  • Port Saint Lucie, FL
10
Votes |
22
Posts

Becoming silent partner with Subcontractors

Susan Dobbs
  • Rental Property Investor
  • Port Saint Lucie, FL
Posted

I am working with an investor that is spending big money on employing his trades people for reno and repairs on his commercial properties. He is considering letting them go because of the costs involved and hiring out his subcontractors to do the work instead.

I just came up with the idea of him potentially becoming a silent investor with subs in each of the needed trades so he would get priority treatment and wondered if any of you have ever done that and if so, how did you structure the deals?

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