Joint Venture

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Joint Venture

A Joint Venture Agreement is a partnership agreement typically found as part of an LLC. In the LLC context, it is referred to as an Operating Agreement, and the Operating Agreement would state which of the partners will control the LLC, be entitled to profits, etc.

Every partnership starts off with the best of intentions and if everything works out beautifully there is not an issue. Having a well crafted agreement ensures that everyone is on the same page with (1) responsibilities (2) profit sharing expectations (3) voting rights and (4) what will happen if things go sideways. We specialize in putting together these deals for real estate investors so that they are using the best methods from the collective investing community.