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by quickthrower2 2529 days ago
Why do you have to supervise the work of the trades but not this startup? Why are they more trustworthy? If they are ... then you can probably get someone else who is trustworthy to do the job for straight money rather than owning part of your house.

If this startup did what they did but just arranged finance as a broker and acted as a letting agent I think it’d be a better deal. The issue I have is the splitting ownership and income. I don’t think that’s in anyone’s interest.

1 comments

In one case you’re hiring the work yourself, in the other case you’re bringing on a partner who is sharing in the rewards. In the latter case the incentives are better aligned.

“Not to oversee workmen is to leave them your purse open.” — Poor Richard’s Almanac