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Joint property investment advice

L

LAYLAR

New Member
Hi All,

We are looking to start in the property investment field and need some advice with doing it as a joint venture.

One party will be investing more than the other, we really need advice on what is needed for the set up and legal process. Should we open a Ltd company? Should we open a trustee account? Also what about contracts?



Thank you,

Layla
 
D

directtraining

New Member
I would be interested in this topic if anyone else has experience as I am looking to invest into properties in the coming months too.
 
mingstor

mingstor

Member
Verified Member
Just like andy101 told you, first of all you need a really great accountant, that specializes in this field. Also you would actually need an amazing business lawyer and another legal specialist in real estate. I am doing the same thing with a friend of mine. We are investing a lot of money into real estate, as usual I am investing more money, so we had to make a certain share of 60% for me and 40% for him. Right now we are looking for a Miami real estate condo, as we want to move back to Miami actually.
 
Neagent

Neagent

New Member
Verified Member
Just like andy101 told you, first of all you need a really great accountant, that specializes in this field. Also you would actually need an amazing business lawyer and another legal specialist in real estate. I am doing the same thing with a friend of mine. We are investing a lot of money into real estate, as usual I am investing more money, so we had to make a certain share of 60% for me and 40% for him. Right now we are looking for a Miami real estate condo, as we want to move back to Miami actually.
I think that a good accountant is the key to succes
 
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