Is JVing the way? How does one NOT suck at it?

[Account Closed]

What does it take to make money “joint venturing (jving) real estate deals? Any successful JVers out there care to share their do’s and dont’s? Has anyone in BP made a significant amount of cash JVing? Any commercial real estate JVers? What are some ways to add value to other people’s deals? What to watch out for? Thanks.

[Jonathan Orr]

@Account Closed All of my commercial development deals are JV deals. I would say a majority of developers and commercial owners JV in some aspect just to minimize risk from a financial standpoint. I use to work for a commercial investor that would pay cash for 30+ million dollar apt complexes then turn around and syndicate it after he closed on it to minimize his risk and maximize his leverage. When people get greedy refusal to share is when bad things happen and can happen fast.

Some very good comments on here on how to add value on here (doing the work, or adding the $$$)

I would be aware of a deal that someone wants to JV and is pressing to get you into it yet hesitates when you want to talk about putting it down on paper. Besides that, it is your own Due diligence that determines the worthiness of the deal