The Property Podcast

This week we are excited to bring you a brad new, totally free course called 'Which Strategy Is Right For You?'. If you're yet to discover all of our free training content then you're missing out - you can find it all here (including the brand new course). In this week's episode we're talking about joint ventures for the first time in three years. They’re still a hot topic in property so we wanted to revisit and go into more detail. It’s the cover story in the next magazine...more on that later What is a joint venture? Often one person with skills/knowledge and one with money, but by no means always. Why do it? Generally you would embark on a JV to access skills/resources that you don’t have, e.g. You have the skills to do a flip, and JV with someone who has cash You’re a builder looking for a project, and partner with a local investor who has access to deals You JV with someone who owns land for a development project What types of JV are there? Profit share: At the end of the project, you split