I’d suggest drafting a solid agreement upfront that covers everything—ownership percentage, costs (mortgage, repairs, utilities), how profit is split, and even exit strategies if one of you wants out.

@Andy Rousch, QuickBooks Online does the trick!

Feel free to search me online - Winthco wealth management or send me a direct message and I would be happy to help you out!

As a professional property manager, it’s unsettling to think how many poorly drafted leases like this are floating around out there.

@Jacob NevarezGeneral red flags include many days on market (60 days+), few photos available online, under contract & reactivated multiple times, and no price drops if it has been on the market a while.

He's also a very good operator from what I've know and seen as he does share content online (walkthroughs of the aftermath of fires at his property, etc).

Hey @Clint Kelly, I was going to recommend something like BuilderTrend but from what you've said, QuickBooks Online (QBO_ does exactly what you need.The key here is you need an REI-savvy bookkeeping professional since you stated your current bookkeeper is dropping the ball.What you want is super easy to accomplish for a flipping company using QBO.We have Clients who flip close to 100 properties/year and everything is super organized for each property using QBO.It's the operator, not the software in this case.Hope that helps!

Check out other online guides available here: https://www.biggerpockets.com/guides3.

You can also check their reviews online at Google, Facebook, or Yelp.

It was easy to file a small claims suit against the person using the online tools available from the court system.