JV means Joint Venture.

A Joint Venture deal is basically another way for saying “1 Time Partnership” or “1 Deal Partnership” specific to a transaction or property or group of properties.

Not a business like an LLC, but 2 separate individuals or entities coming together to consummate a successful deal or transaction.

On Today’s 5 Min Friday we cover the Points of Success to a Working a JV Deal…

  • Do YOUR Homework in Advance (Markets/Comps/ARVs)
  • Know Your S%&* or Know Someone Who Does
  • Utilize Existing Relationships to Create Success (External Business Partners i.e. Brokers, Lenders, Appraisers, Inspectors
  • Don’t Re-invent the Wheel-Use Bread and Butter, keep the Jelly to the side
  • Make Sure the Numbers Work!
  • Fill the Void Your JV Partner Needs

That’s it.. Listen to ALL our episodes for Super tidbits like this on achieving real estate investing success in ANY Market!



Check out this episode!

%d bloggers like this: