What is a Joint Venture (JV) in regards to Real Estate Wholesaling
http://houseflippingguide.com – So what is a joint venture? A joint venture or jv is when another Wholesaler splits his or her assignment fee with you at completion of your real estate deal you 2 have with one another
1.You contact a Wholesaler from Craigslist.
2.They have a contract on a property for 43k.
3. They would like to sell the property for 50k
4. Ask them if they would be interested in (JV) joint venture the deal in other words, splitting the deal with you if you bring a buyer to buy that deal
5. You 2 agree to a 50/50 split
50k – 43k = 7k Wholesale fee = 3500each
5. So. You find a buyer that will buy that deal for 50k.
At closing you will each receive a check for 3500 each Tools for Beginning Real Estate Investors
Wholesale Contracts, JV included
The Real Estate Wholesaling Bible
Tools that will help you Build your Real Estate Business
Investment Property Software
Structure Private Money Deals
Make Money Now!
Stop Losing Leads
SEO for Real Estate investors
Real Estate Bird Dog
House Flipping Guide Youtube Channel – Subscribe Today!
More about homes in the Palm Beaches, Jupiter and Palm Beach Gardens at:
Palm Beach Gardens real estate: – http://www.jeffrealty.com/palm-beach-gardens-homes
Jupiter FL home and real estate sales: – http://www.jeffrealty.com/jupiter-homes
Real Estate marketing: http://solutionsbydave.com/real-estate-marketing-strategy/
Real Estate SEO: http://solutionsbydave.com/real-estate-seo/