Hi All,
I have an associate who is a builder and is interested in building wealth through property development.(start small with Duplex/Subdivisions etc.)
As an Investor with Capital and Equity, I am also interested and think this could be a good partnership(if managed correctly).My questions to the group are:
Has anyone worked in JV before?
Positive/Negative experiences?
How to structure myself/each other in the JV?(Trust/Company etc)
If he is building and I am funding, how should the split of property Ownership/Company look like?(50%/50% etc…really interested in how others have calculated the split)
What else to look out for?Other tips and advice.
Thanks in advance for all your comments.
Regards,
Robert
You must be logged in to reply to this topic. If you don't have an account, you can register here.
