All Topics / Help Needed! / Joint Venture-Developing Advice needed

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  • Profile photo of Robert KingRobert King
    Join Date: 2016
    Post Count: 13

    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.

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