“But there are a lot of risks in doing joint ventures with the wrong people, without the right paperwork or in the wrong structure,” said Julie Broad, a residential real estate investor based in Nanaimo, BC.
In a session at CREW’s InvestorForum
, which will be held March 28 and 29 at The International Centre in Toronto, Broad will share her tips on how to structure a joint venture for success.
“In this session, you’ll learn what you must consider, what paperwork you need to put in place, and what makes a fair offer for both parties to the joint venture,” she added.
Other areas that this session will cover include:
- How to spot the ideal joint venture.
- The options available to structure the deal.
- The roles and responsibilities in every joint venture.
- Who puts in what cash, when the cash needs to go in and where the profits go.
- What you must put in your contract to ensure you’re protected.
- What to prepare before you have any money raising meetings.
“There is more than enough money available to do all the deals you want to do,” she continued.
“After this session, you’ll understand how to access this money and what is the best opportunity for you to create the portfolio you want.
“If you think you’ll need access to money or financing, or both, to do a deal in the next 12 to 18 months, you should be in this session.”
The InvestorForum will be held on March 28 and 29 at The International Centre in Toronto.
Register to attend the InvestorForum here
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate
To grow portfolios most investors will need access to capital and financing, and the best way to do that is through joint-venture partnerships, says one real estate expert.