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joint venture's and money partner's

Discussion in 'General Property Chat' started by the world is your oyster, 8th Jan, 2016.

  1. the world is your oyster

    the world is your oyster Well-Known Member

    Joined:
    28th Jun, 2015
    Posts:
    186
    Location:
    victoria
    hey guys and girls
    iam wondering where every one find partners for such deals ?
    can you elaborate how you built the relationship between use ?
    what is a fair share for a money partner ? for a reno ? reno, sub divide ? etc
    are they usually different due to more risk ?
    do you usally pay the money partner on a percentage on profit ? or on borrowed money not loans borrowed . say they through in 100k yes it might be a 500K investment but u only borrowed 100k example only
     
  2. Ouga

    Ouga Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    373
    Location:
    "Trying is the first step towards failure" Homer
    If you read the forum and Somersoft, you will see the general recommendation is to avoid - so many things can go wrong it's not funny + it affects your serviceability.
    There was a subject on it recently, check the search function - not older than a couple weeks.