Don’t Do A Property Joint Venture Until You’ve Watched This!
I recently heard of a Property Joint Venture that went COMPLETELY “pear-shaped… and the investor is now losing EVERYTHING!”
But where did it go wrong?
Well…
1. They didn’t have a Joint Venture Agreement (contract)
2. And the investment (loan) wasn’t secured against anything
Now whilst I have EVERY sympathy for the person/s involved, I’m genuinely gutted that someone… once again… has lost money in a property investment, when (in my opinion) they really didn’t need to!
I have no wish to mention the parties to concerned (and so please don’t you mention any names) but I honestly feel that if all investors followed my two suggestions, we would see FAR LESS of these types of situations.
Here’s to your success… Tony Law | Your First Four Houses
Download Your FREE 50 Point Property Checklist!
So you don’t miss anything important the next time you buy an investment property!
0 Comments