Business
For many people, their home is their primary asset. Unfortunately for many people, when it comes time to sell that home, they discover the property is worth less than they thought it was worth due to the need for extensive repairs or renovations. Tye Glover, the founder of InvestOut, a new kind of real estate platform, says there is a way for a homeowner to come out financially ahead by partnering with a real estate investor.In this interview, Tye explains how Invest Out's profit sharing model works, which type of properties make sense, and how both the homeowner and real estate investor are protected during the arrangement. The idea for Invest Out came to Tye out of his own personal experience when he went through a divorce and realized just how much money he would potentially be giving up by doing a quick sale with a wholesaler.For more details on the Invest Out profit sharing model, check out the website: InvestOut.us See acast.com/privacy for privacy and opt-out information.