Co ventures

[Brandon Gamblin]

What are some different ways (if any) that two or more real estate investors can profit from deals together? I'm asking because I'm looking for ideas concerning a co-venture. What would I as an investor (or my investor partner) have to consider?

[Laura Alamery]

Hey, we are both from St Louis! ;)

Co-Ventures or Joint Ventures can be done for different reasons: one of the investors could be a "money partner" - he/she brings the money to the table and you find the property and supervise construction if needed. Or one of the partners has access to lots of properties and you just look for buyers. And vice versa.

Or one of the partners brings OPR (other people's resources) instead of OPM (other people's money.) May be he is knowledgeable in construction - he can put the labor in rehabbing a property and wait until the sale to get compensated for his labor plus some of the profit as an incentive.

Hope this helps. I have done all of these scenarios successfully in St Louis. :)