Joint Venture
A joint venture is a type of partnership where two or more parties pool their resources or expertise to complete a project, perform a service or produce a product and then share the profits according to what was agreed at the beginning. A joint venture can be formed using any one of the following structures to protect all individuals involved: corporations, limited companies, partnerships, limited liability partnerships/companies or any other business entity. For example, we identified a property that needs renovation and has the potential to sell for a higher price by adding value to it.
This could be a cosmetic makeover or a major transformation of an old building. We will provide the time, skills, knowledge and experience to execute the project and keep you updated every step of the way. You provide the capital to buy the property and cover the renovation expenses. We then manage the whole process from start to finish. We can then either share the profits 50-50 or we share the rental returns for a time and then we buy your share from you so you have no more responsibility over the property. Once this is all complete you can then, either put your returns into another project with us for more profit or keep the funds.