The truth about joint ventures

Joint Ventures get touted around a lot as a great way to get involved in property. Usually when you don’t have any funds or the ability to raise a mortgage. Just find someone with cash who wants to get into property but doesn’t have the time, and bingo!

That’s an idea that makes us very nervous! But, it’s also only a very narrow conception of what a joint venture is. There are many situations where they can work extremely well, and allow you to progress much faster than you otherwise would have done.

So in this episode, we get to the truth about joint ventures. Listen to the episode to get the full story!

Rob D got very excited this week about Zoom a video-conferencing platform that’s an alternative to Skype, Google Hangouts or Go To Meeting.

It’s not that it has amazing features that nothing else has…but it actually works! Which is a big deal considering the time we waste messing around with Skype every week. The quality of the call is also very high, even with lots of participants or when you have a slow internet connection.

There’s a free plan for meetings up to 40 minutes long with up to 25 participants – so if you ever need to make video calls for work or any other reason, give it a try!

This week we shared a feature from the FT about new funding models within property: peer-to-peer lending and crowdfunding.

They’re topics that seem to be getting increasingly popular, and the article does a good job of explaining what each means and what the dangers are. Well worth a read, because this is something we’ll only be hearing more of in the coming years.

Join the conversation

Have you ever embarked on a joint venture that’s gone particularly well – or particularly badly?

Do you have any other tips for making sure they run smoothly?

We’d love to know, so join the discussion in The Property Hub!

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