Joint Ventures - The other side of the coin
I'm looking to get advice from investors with specific knowledge or personal experience in Joint Ventures.
I have been approached by an investor who would like me to be the money partner in this particular deal.
I have my own investment properties but I have zero experience in JV aside from what I have read in books.
The problem is that almost every book or article explains the benefits of this partnership from the point of view of the hands on guy/manager/developer where they are using Other Peoples Money etc...
No one ever talks about the benefits or risks for the money partner or even how to structure the deal so that you are protected.
I know I need to talk with my lawyer but thought I would check here for any personal experience.
Got any advice to share or website/books you can point me to to learn more?
I have been approached by an investor who would like me to be the money partner in this particular deal.
I have my own investment properties but I have zero experience in JV aside from what I have read in books.
The problem is that almost every book or article explains the benefits of this partnership from the point of view of the hands on guy/manager/developer where they are using Other Peoples Money etc...
No one ever talks about the benefits or risks for the money partner or even how to structure the deal so that you are protected.
I know I need to talk with my lawyer but thought I would check here for any personal experience.
Got any advice to share or website/books you can point me to to learn more?