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Updated over 11 years ago,
Advice for a remodeling/investing buisness plan.
I own a remodeling comapany in Charlotte, NC. I am considering
implementing a REI department. Which manages and oversees investment
projects like flipping houses. My question is would you use a contracting company like this?? We will provide 1 on 1 project management with you. We will operate in the same structure as a real estate brokerage firm. You will have a general contractor that is an independent contractor through us, which will manage and oversee your project. All proceeds and funding you provide will come through us and get funneled down to him, just to allow oversight of cash flow. We will be able to spread out and take on projects outside of the Charlotte area. Spreading into the rest of the state. Possibly in the future some surrounding states. He will of course will take a comission from the project which will be split with us at an agreed upon %, like a real estate agent and brokerage firm, for us providing him the work and him using our name and taking any responsibilities he may fault on. Would you flippers be more comfortable working with a company like this? Just tossing the idea around...