{"id":9566,"date":"2018-07-12T15:40:56","date_gmt":"2018-07-12T05:40:56","guid":{"rendered":"https:\/\/www.trc-gorod.ru\/?p=9566"},"modified":"2019-07-30T10:51:02","modified_gmt":"2019-07-30T00:51:02","slug":"3-simple-rules-to-joint-venture-success","status":"publish","type":"post","link":"https:\/\/trc-gorod.ru\/3-simple-rules-to-joint-venture-success\/","title":{"rendered":"3 Simple Rules To Joint Venture Success"},"content":{"rendered":"
[et_pb_section bb_built=”1″ admin_label=”Section_2_Text Left:” fullwidth=”off” specialty=”off” transparent_background=”off” background_color=”#f7f7f7″ allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”off” padding_mobile=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” make_equal=”off” use_custom_gutter=”off” custom_padding_tablet=”50px|0|50px|0″ custom_padding_last_edited=”on|desktop” inner_width=”auto” inner_max_width=”none” next_background_color=”#ffffff”][et_pb_row make_fullwidth=”off” use_custom_width=”on” width_unit=”on” use_custom_gutter=”off” padding_mobile=”on” allow_player_pause=”off” parallax=”off” parallax_method=”off” make_equal=”off” parallax_1=”off” parallax_method_1=”off” parallax_2=”off” parallax_method_2=”off” column_padding_mobile=”off” custom_width_px=”768px” custom_padding_last_edited=”on|phone” background_color=”#ffffff” custom_padding=”60px|60px|60px|60px” custom_padding_phone=”40px|20px|40px|20px” background_position=”top_left” background_repeat=”repeat” background_size=”initial” width=”80%” max_width=”768px”][et_pb_column type=”4_4″][et_pb_post_title title=”on” meta=”on” author=”on” date=”on” categories=”off” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” text_color=”dark” text_background=”off” module_bg_color=”rgba(255,255,255,0)” use_border_color=”off” border_color=”#ffffff” border_style=”solid” disabled_on=”off|off|off” disabled=”off” custom_margin=”||40px|” title_font_size=”36px” title_font_size_phone=”28px” title_font_size_last_edited=”on|phone” title_text_color=”#00afff” meta_text_color=”#95989a” _builder_version=”3.4.1″ saved_tabs=”all” global_module=”7384″ background_position=”top_left” background_repeat=”repeat” background_size=”initial” locked=”on” \/][et_pb_text admin_label=”Text_B:” use_border_color=”off” background_position=”top_left” background_repeat=”repeat” background_size=”initial” animation_duration=”500ms” animation_intensity_slide=”10%” animation_direction=”left” show_bottom_space=”on” _builder_version=”3.4.1″]<\/p>\n
Sometimes it pays to go it alone when investing in property. Sometimes it doesn\u2019t.<\/p>\n
Knowing what to do if you choose to partner up with others to invest by means of a joint partnership is vital to your success \u2013 both in terms of finances and relationships.<\/p>\n
Personally, I favour investing in property primarily on my own accord; however, there have been occasions where I\u2019ve needed to team up through a joint partnership to achieve success.<\/p>\n
Sometimes, investing with others gives you the capacity to buy better real estate. For example, perhaps you\u2019ve found a fantastic opportunity, but you just don\u2019t have the capital to fund the purchase.<\/p>\n
Teaming up with a friend or even a family member \u2013 e.g. your brother or sister, or your parents \u2013 can help you pull together the resources to get the bank loan and buy the investment property.<\/p>\n
I believe that it\u2019s a lot better to invest through a joint venture than to simply stay out of the market entirely.<\/strong><\/em><\/p>\n Now investment in property through a joint venture, when handled properly, can either be a \u201cnightmare\u201d or a \u201cdream\u201d deal \u2013 depending upon how you set it up.<\/p>\n I\u2019ve got three rules I always follow when doing a joint venture. They may seem simple, but that doesn\u2019t make them any less important. In fact, if you stick to these rules, you\u2019ll be amazed at your success!<\/p>\n Clarity is vital. You and your partners need to set out \u2013 in writing \u2013 what you want from the property investment purchase. Great confusion can arise if your goals are not set out from the start.<\/p>\n For example, if you were intent on building and holding a property yet your partner has other ideas (e.g. a buy and hold strategy) conflict most certainly can arise. In fact, I\u2019ve seen good relationships turn sour over this basic, simple concept.<\/p>\n Put everything down in writing. Make sure that everyone knows their job roles, has a list of what is expected of them together with milestones and deadlines to assure that the project runs smoothly.<\/p>\n Within your documentation, clearly outline the job roles for each party. For example, you may be the financier while your partner\u2019s role may be as a project manager. Ensure that each role is defined in infinite detail.<\/p>\n In short, communicate with each other on a regular basis to ensure that everyone is clear on what\u2019s to be done and to handle any potential issues that may arise during the process.<\/p>\n [\/et_pb_text][et_pb_text admin_label=”Text_Click here to like us…” use_border_color=”off” background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.22.2″ saved_tabs=”all” locked=”off” text_text_shadow_horizontal_length=”text_text_shadow_style,%91object Object%93″ text_text_shadow_vertical_length=”text_text_shadow_style,%91object Object%93″ text_text_shadow_blur_strength=”text_text_shadow_style,%91object Object%93″ link_text_shadow_horizontal_length=”link_text_shadow_style,%91object Object%93″ link_text_shadow_vertical_length=”link_text_shadow_style,%91object Object%93″ link_text_shadow_blur_strength=”link_text_shadow_style,%91object Object%93″ ul_text_shadow_horizontal_length=”ul_text_shadow_style,%91object Object%93″ ul_text_shadow_vertical_length=”ul_text_shadow_style,%91object Object%93″ ul_text_shadow_blur_strength=”ul_text_shadow_style,%91object Object%93″ ol_text_shadow_horizontal_length=”ol_text_shadow_style,%91object Object%93″ ol_text_shadow_vertical_length=”ol_text_shadow_style,%91object Object%93″ ol_text_shadow_blur_strength=”ol_text_shadow_style,%91object Object%93″ quote_text_shadow_horizontal_length=”quote_text_shadow_style,%91object Object%93″ quote_text_shadow_vertical_length=”quote_text_shadow_style,%91object Object%93″ quote_text_shadow_blur_strength=”quote_text_shadow_style,%91object Object%93″ header_text_shadow_horizontal_length=”header_text_shadow_style,%91object Object%93″ header_text_shadow_vertical_length=”header_text_shadow_style,%91object Object%93″ header_text_shadow_blur_strength=”header_text_shadow_style,%91object Object%93″ header_2_text_shadow_horizontal_length=”header_2_text_shadow_style,%91object Object%93″ header_2_text_shadow_vertical_length=”header_2_text_shadow_style,%91object Object%93″ header_2_text_shadow_blur_strength=”header_2_text_shadow_style,%91object Object%93″ header_3_text_shadow_horizontal_length=”header_3_text_shadow_style,%91object Object%93″ header_3_text_shadow_vertical_length=”header_3_text_shadow_style,%91object Object%93″ header_3_text_shadow_blur_strength=”header_3_text_shadow_style,%91object Object%93″ header_4_text_shadow_horizontal_length=”header_4_text_shadow_style,%91object Object%93″ header_4_text_shadow_vertical_length=”header_4_text_shadow_style,%91object Object%93″ header_4_text_shadow_blur_strength=”header_4_text_shadow_style,%91object Object%93″ header_5_text_shadow_horizontal_length=”header_5_text_shadow_style,%91object Object%93″ header_5_text_shadow_vertical_length=”header_5_text_shadow_style,%91object Object%93″ header_5_text_shadow_blur_strength=”header_5_text_shadow_style,%91object Object%93″ header_6_text_shadow_horizontal_length=”header_6_text_shadow_style,%91object Object%93″ header_6_text_shadow_vertical_length=”header_6_text_shadow_style,%91object Object%93″ header_6_text_shadow_blur_strength=”header_6_text_shadow_style,%91object Object%93″ disabled=”off” disabled_on=”off|off|off” z_index_tablet=”500″ global_module=”12271″]<\/p>\n \nClick here to like us on Facebook and see more updates like this.<\/a><\/strong><\/p>\n Hey there, do you enjoy the TRC-Gorod Blog? If you did, why don\u2019t you book into a Property Information Night in your area and get more information from our team. You can do so here<\/a>.<\/p>\n1. Have Clear Goals<\/h4>\n
2. Have Clear Documentation<\/h4>\n
3. Have Clear Job Roles<\/h4>\n