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Updated about 4 years ago on . Most recent reply

User Stats

7
Posts
2
Votes
Sandi G.
  • Rental Property Investor
  • Jacksonville, FL
2
Votes |
7
Posts

Flipping with a partner

Sandi G.
  • Rental Property Investor
  • Jacksonville, FL
Posted

So when I wanted to start investing in real estate and spoke to the agent that helped me buy my current residential home 3 years ago, she referred me to another agent that does investments for himself too. Now this new agent offered to become partners, where I bring the money and he brings the deal and the hustle. I am kind of a little worried because I havent dealt with him before. He seems to know what he is talking about, but because its my first time dealing with him, I am a little worried. Any advice can be offerred on that situation? If we partner up, is there like a contract that would be written to know what's expected of out of each of us?

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