Joint Ventures

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					How many times have you heard the story about the guy who just lost his job, had no
money, and his credit history was shot? Yet somehow he made fortunes by investing
in real estate. Believe it or not this can happen. Many success stories happen because
of join ventures in real estate.

The concept is not new. It is simply a matter of using someone else's money for profit.
There are many people who are very interested in becoming real estate investors;
however they do not know the first thing about the real estate market. This is where
someone like the guy mentioned above can profit.

If you have a keen sense of real estate and finance and know what would make a good
investment, but have no cash flow, then you are a good candidate for a joint venture in
real estate. Your knowledge and someone else's money can generate a profitable
venture for both of you. It just takes some know how to get it all done.

There are many people who are willing to use their credit or finances to gain a profit
in the real estate investment world. You will need to find these people, either by
soliciting in the local papers, on the Internet, or by forming a local real estate
investment group. This type of group is beneficial to everyone involved.

There are times when an investor has done nothing but buy and flip properties. He or
she knows nothing about renting the properties. The typical investor also usually has
one niche he or she sticks with. Someone who buys strictly commercial properties
may know nothing about residential and vice versa. By forming a real estate
investment group in your area, this knowledge from all the investors in the group can
be shared.

This can also work to your advantage should you come across a property you may
want to invest in but lack the information that comes with the type of property. There
may be another investor in the group who will want to form a joint venture with you
in order to take advantage of the deal. Many times there may be two or three investors
who are willing to make the deal happen. This is also a great way to break into
commercial investing. The more investors there are on a project the less out of pocket
expense each one has. You may also find the odds slightly more in your favor with the
lenders when you have a team of investors who want to purchase a large commercial
property together as a joint venture.

Joint ventures in real estate can offer you the ability to obtain properties you once
thought were not in your budget. You can gain knowledge from seasoned investors or
you can profit from a new investor who is willing to back you financially in a real
estate deal. The list is endless when it comes to the benefits of joint ventures in real
estate. By forming the real estate investment group in your area, you can open a
whole new world of real estate investing.

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