Occasionally we offer investors the chance to become a joint venture on our own projects. Typically, the investor would put in the capital and we would do all the work with a 50/50 split. Any cash released on refinance would be returned to investor and we try to get all the capital back out of our projects. We are very mindful who we work with as a joint venture but when the right investor comes along it can be very rewarding for both parties. The most important thing for us is keeping sound and profitable business relationships.
Joint venture agreements are a great way to invest in property for those who have cash to invest, but lack time or expertise. They can access great returns and passive income with little to no effort.