In the event your property does not sell, pivoting to a rental could be your best option and allow you to maximize return.

I have seen a lot of folks that typically BRRRR pivot to flipping for the time being.

I can thank Tyler for a large role in this process.

If you’re newer to real estate, role-play scenarios with a mentor or colleague.

Basically, flip partnerships suck unless you spend a long time being clear about the roles and payouts, etc.

Deception and perception play a major negative role.

He's an investor himself and recently left his role as partner at the largest firm in the area to start his own company.

In this case, you would draft an operating agreement that specifies each partner's role—your friend providing the cash and you handling the rehab and management—and that profits and ownership are split evenly.

In previous roles, I was responsible for the asset management, capital improvement, repair, and maintenance of an ANG Fighter Base worth over $400M.

I will not be surprised if a class action lawsuit gets filed again the building company and unfortunately Wagner because he is not playing the role that he should be playing.