Episode 73: Partnering With Others to Get Ahead

Perth Property Insider Podcast

English - April 27, 2022 18:00 - 26 minutes - 24.2 MB
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Previous Episode: Episode 72: Inside Story: Hard Work Pays Off for Regan & His Family Part 2

Next Episode: Don’t Worry! Why Property Prices Should Keep Rising with John Lindeman

Have you ever thought about partnering or doing a joint venture with others to buy a property?... In today’s episode, I’ll be giving an overview of the primary methods to establish a joint venture, the advantages and disadvantages of doing so, how to assess your readiness, what to look for in a joint venture partner, and how to achieve the desired result.

I’ll take you through my experiences with various joint ventures that I’ve done and how I made them work as well as some of the mistakes and learnings I had along the way.

It’s going to be a really interesting discussion, so let’s go inside!

Resource Links:

Join the Perth Property Investment Facebook Group (https://www.facebook.com/groups/perthpropertyinvestors)

Join Jarrad Mahon’s Property Investor Update (https://www.investorsedge.com.au/join)
1 on 1 strategy session with Jarrad Mahon (https://www.investorsedge.com.au/strategy)
For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind (https://www.investorsedge.com.au/perth-property-management-specialists/)
For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (https://www.investorsedge.com.au/selling-your-perth-property/)
Get Jarrad’s strategic advice towards your property purchase and development plans (https://www.investorsedge.com.au/invest-in-perth-property/)

Episode Highlights:

Introduction [0:00]
How Jarrad Started with Joint Ventures [01:03]
Getting Legal and Accounting Advice [09:21]
The Process of Renovation [11:23]
Jarrad's Other Joint Venture Projects [14:12]
When to Consider Joint Venturing [15:22]
The Downsides of Joint Venturing [20:34]
Final Thoughts [24:21]
Outro [25:03]

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