Las Vegas real estate broker who says they will flip for me

[Darrell Lagler]

I have just moved to Las Vegas and in my search for investment opportunities have interviewed a local broker who offers to find the distressed house, use their own resources/contractors to renovate, and who claims they make their money through (1) use of their renovation crew, and (2) their selling commission when the property is sold.

I provide the money.

Does anyone have any thoughts about this arrangement.

Further, if you're a local investor, you might know of this broker and I would appreciate a PM to discuss. I'm reluctant to post the name of the broker at this point.

[Kyle Bergren]

Unless the guy puts some of his own skin  (money) in the game I'd steer clear of agents and brokers. Typically deals are the ones off market so an agent or broker may not be helpful. Overall, maintain control of your money no matter what through the process! When you buy the place release funds at the title company and have the contractors get paid by agreed upon milestones.