I would speak to a solicitor who has experience in property transactions, joint ventures and also estate management. That way you are covered by all three aspects of the arrangement.

Cheers

As Richard indicated, anything is possible.
The issue will be the investor, and how you draft your Joint Venture Agreement. Speak to a good solicitor about a JVA, If you have a pre drafted one it may make finding an investor easier if you have a draft JVA which outlines the business plan.

regards

John

Hi Steve,

Glad your not after a silver bullet, because there is no such thing lol.

I suppose my first question is why Adelaide? From what I am reading, most observers expect a 4 to 7% drop in Adelaide property values over the next 2 yrs or so, (below is a link to one of many articles I have read ref this). I suppose it is dependent on what your…[Read more]

I am not an expert in these things but how about this:

1. If the Block is Valued at $700K and there are you and three other brothers who in the event of your Dads passing I assume that it would be split 4 ways, so $175K each. So your share of the block would be $175K and the other siblings $525K.

2. Assuming the value of the property after the…[Read more]

I had the same issue with family and friends when I started 15 yrs ago, I put it down to culture and their education. The Aussie way is to buy your house and work hard to pay your mortgage off and that’s about it with some shares on the side. I think its the idea of debt which scares people. If I had ever listened to friends and family, I would…[Read more]

Im thinking 50 basis points lower in 12 months, not that it will all be passed on, especially to investors.