Everyone in this photo is a Joint Venture partner I have teamed up with to buy and develop property, not only that all these joint venture partners I have bought and developed multiple properties with. I have great relationships with these partners and we have all moved much further ahead than if we trying to do this on our own. Joint venturing in property can be great with the right ingredients, circumstances and the right people however it can go horribly wrong as well. Things to consider when looking to joint venture; 1. Team up with people with different but complimentary skill sets. 2. 50% of something is better than 0% of anything. 3. 2 + 2 should = 5 or more for a joint venture. 4. You should have aligned vision and goals. 5. Plan the divorce before the honeymoon i.e. plan for what could go wrong and plan for these situations. 6. Consider share holder protection in case the worst thing was to happen to a JV partner.. In todays episode of The Financial Freedom Podcast Episode 62 we talk about everything joint venturing in property in detail. This episode can be found on YouTube, Spotify and Apple Play!

Posted by Tim Witt at 2026-03-20 07:54:43 UTC