Joint Venture

[nigelwray1982]

Hey everyone, what does a good joint venture deal look like for you personally? Are you looking at the numbers, the business that will manage the property, references, region/area, etc? What constitutes a good joint venture deal in your opinion?

 

[Alvaro Sanchez]

This is a very open question but the bottom line is when everyone wins!

 

[GaryMcGowan]

When I have raised funds in the past this is what investors want to know.



Track record,

The truth,

When do I get my money back

How do I get my money back

What is the return, when is the return paid

The truth, the good, the bad, and the ugly

Location, type of property, the fundamentals.



If you notice it is really all about you the Real Estate Pro.

 

[Thomas Beyer]

Don posted a blog entry on his blog a while ago on this JV topic re "win/win" and what is fair: http://www.donrcampbell.com/is-a-5050-joint-venture-fair

 

[chrisnorris1]

Joint venture is all about gather more money then invest and share all your profits. It is obvious, when it comes to profit no body will raise a question, but in the time of loss you have to answer a load to your partners. So I think for this you should do a LLC.