Why the Best JV Partner Is Not a Stranger With Money (EP: 268)

Joint Ventures are everywhere in property development, and most of our students do them. But here is the part that catches people out. The most expensive thing in a Joint Venture is not the money, it is a partner who does not understand property development. In this episode Bob Andersen and Hilary Saxton unpack what makes a great JV partner, why the wrong money can cost you more than you would think, and where the best partnerships actually come from. They walk through the two core models, the equity partner and the loan partner, plus the classic Joint Venture with a landowner, all in plain English and real numbers. A Joint Venture is not a compromise, it is an accelerator. You are often just one partner away from your next deal, or your very first. Bob and Hilary share the traits worth looking for, the one boss rule that keeps a project on track, the warning signs in open online groups, and why so many of the best partnerships are formed face to face. In this episode: The two core JV models, the equity partner and the loan partner, and how each is structured How a joint venture with a landowner works, and why land can act like equity Why a partner who does not understand development can cost you more than money The traits that make a great JV partner, and the one boss rule every project needs How to protect your research and spot the wrong people in open online groups Where the best joint venture partners are really found To learn more about our upcoming workshop, click here: https://www.propertymastermind.com.au/events/joint-venture-workshop/ To learn more about our North Harbour Industrial project, click here: https://baymark.com.au/v1 To contact us, email [email protected]  See omnystudio.com/listener for privacy information.