Partnerships in house flipping can be rocket fuel or a complete disaster depending on who you choose. We share three non-negotiables for selecting a business partner who will help your flipping business thrive rather than implode.
• Shared vision and goals - ensure you're both paddling in the same direction with aligned expectations
• Complementary skills - look for someone whose strengths fill your gaps, not a clone of yourself
• Trust and integrity - the foundation that matters most when projects inevitably hit rough patches
• Reputation matters - your partner's industry reputation becomes yours too
• Work ethic must be aligned - resentment builds fast when commitment levels differ
• Get everything in writing - create solid operating agreements before money is involved
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