How To Raise Money Podcast

Ray and Nigel discuss an often asked question - should I do a Joint Venture (JV) deal and if so how do I set it up correctly? First of all - Yes you probably should do a JV because it is a great way to leverage other people's money and skills. Secondly - get a JV wrong and it can be PAINFUL and COSTLY! So getting it right is super important. This is our list based on our experience and knowledge. See the 10 points below. You may have some other top tips - if you do then send them to us at https://www.raisingangelfinance.co.uk/contact/ Tell us about your JV experience - was it good? Or not so good??!! These are our personal thoughts and not to be considered legal advice in any nature. Points Have a professional experienced solicitor draw up the agreement Consider having a SPV- Special purpose vehicle ( separate company) Have a clear plan as well as a back up plan. ie. Flip and back up strategy is property is rented whilst trying to be sold…ie it is cash flowing Control – Who owns the property. We prefer