Our Vision is based on Trust, Transparency and Optimism
“I would provide anyone and everyone with an absolute glowing recommendation“
Michelle, current JV Money Partner
What We Bring
- 20 years of JV Experience
- 18 years of Mortgage/Financing Experience (Sylvia)
- Mechanical Engineering Degree (Mithra)
- Hands-On Experience From Beginning to End
- Trust and Trustworthiness
- Open and Clear Communication
- Positive Outlook – Expect Things to Work Out, and When They Don’t, Come up with Solutions
What You Bring
- No Experience Necessary
- A Clear Vision of Your Dreams and Goals
- Down Payment Funds
- Mortgage Financing
- Working Capital
- Trust and Trustworthiness
- Open and Clear Communication
- Positive Outlook – Expect Things to Work Out, and When They Don’t, Come up with Solutions
What is a Joint Venture?
A joint venture is a business arrangement where two or more parties come together to collaborate on a specific project or venture. It can be whatever you want it to be, as long as all the parties agree. Legal contracts are drawn up to accurately reflect the terms of the Partnership.
How does a Joint Venture Work?
In a joint venture, each party contributes resources such as capital, skills, or assets to the project. They can share in the day-to-day decision making, or one of the partners can be responsible for most of the decisions, and supply regular reports to the other parties.
What are we looking for in a JV Partnership?
To get started with a joint venture, it is important to identify potential partners who have complementary skills, resources, and goals. We bring many years of real estate investing, financing and renovating to the table. We’re looking to share Trust, Transparency and Optimism in a new Money Partner.
What does the ‘Money Partner’ do?
Joint ventures in real estate typically have a Money Partner, and a Working Partner, or ‘On-the Ground’ partner. The Money Partner typically supplies all the capital, including the down payment and closing costs, arranges mortgage financing and provides a working Line of Credit when renovations are involved
What does the ‘On the Ground Partner do?
The ‘On-the-Ground’ Partner does all the day-to-day work in bringing a project from inception to completion. They typically know the market, source the property, know the ins and outs of zoning, have connections to local trades, and may even do some of the work themselves. They typically manage the budget, money flow, project management and reporting, and often charge a fee for certain tasks that they would otherwise have to hire out.
What are you looking for in a JV Partnership?
Is cash flow your main goal? Or maybe a long-term investment that creates a legacy for your children and your grandchildren. Perhaps you just want a better return than you’re getting from your investment portfolio, but you don’t want the hassle of dealing with real estate directly. Ask yourself what’s important to you. Why are you wanting to embark on this adventure, and what are your goals and aspirations. Then let’s talk about it!