Joint Venture Money Partner
Questions to Ask Yourself
- What is your main motivation for the Partnership?
- What specific outcomes do you want to achieve?
- What is our ideal timeframe for:
- generating a positive cash flow
- getting our initial investment back
- receiving a return on our investment
- holding the project
- selling the project
- What rate of return is ideal?
- What amount of monthly cash flow is ideal?
- Do we want to live in the property?
- How many projects would we like to do?
- Just one?
- If more, how many:
- per year?
- over 5 years?
- in your lifetime?
- How much time and energy do you want to put into the project?
- Zero
- I am flexible
- How often do you want updates during the reno? (Weekly? Monthly? At Tax Time?)
- How often do you want updates once the project is complete and fully rented?
West Coast Lifestyle
Time with family and friends
(holding the camera)