Joint Venture = Partnership
Investing from The Comfort Of Your Lounge Room
Have you ever wanted to invest in the property market but for whatever reason haven't done so? (Maybe you’re not sure what to do or where to start). Would you like to reduce your risk by leveraging off a people who have bought and sold many residential properties both on Vendors terms and traditionally?
We never have enough houses in stock to meet the demands of our qualified applicants. So one of the ways we can solve this problem is to look for Joint Venture Partners like you, so that more properties can be purchased, and more people put into homes. Easy home buy will then split the profits with you 50/50.
How Does It Work?
- Easy home buy will use our years of experience and connections to find and locate a distressed property we can buy at a discount and then make available to one of our applicants at market price.
- As The Joint Venture Partner, you will provide the funds to acquire the property including any applicable stamp duty and legal fees etc.
- Together We enter into a Joint Venture Agreement so we all know up front who is doing what. The Legal title deed to the property will be in your name, but it will be Easy Home buy's job to make sure the property produces the agreed returns all the way through to final settlement. This is usually within 1-2 years.
- Management of the property will be undertaken by Easy Home buy. You as the Joint Venture partner will have access to the records at any time. Easy Home buy does not receive any monies until all your expenses have been paid, which includes all of your costs.
But Do You Really Need My Money?
Well, “yes and no”
With your involvement as a Joint Venture Partner we are able to go out and purchase more of the houses that get offered to us at substantial discounts, and then provide these houses with finance attached to our potential home owners. Many times an opportunity comes up at very short notice and it is only being in a position to act quickly that makes buying discounted properties truly possible. Fortunately, we have bought many houses and therefore have a pretty good idea what we are looking for, so if a house doesn't meet the proven formula or if the numbers don't stack up in anyway then we forget about it and go on to the next one.
Now, this way of purchasing houses can create a problem because if you come on board as a joint venture partner tomorrow, we can’t guarantee we will buy a house tomorrow…remember we need to buy at a discount to the market value so the profit is already built in.
How is my Investment Secured?
As previously mentioned, the property will be purchased in your name and therefore, the title deed will also be in your name.
- Your interests in the property are fully outlined in our Joint Venture Agreement.
- No other party will have any interest in the property. Only you and 'Easy Home buy'.
Who Looks After Everything?
- We are responsible for obtaining the property at the right price or on the right terms and vendor financing it to a responsible and commercially viable buyer. We are also responsible for overseeing the property transaction and making sure the whole process runs smoothly and profitably.
- You are responsible for all initial funding. Ongoing operating expenses will be met by the properties income. The net of which will be the property management company’s responsibility to disburse proceeds monthly to both parties.
How Do You Disburse The Sale Proceeds When The Property Is Sold?
The first thing that happens is you receive your Capital Investment back.
Once all costs have been reimbursed, the surplus positive cash flow will be split 50/50 between yourself and 'Easy Home buy'.
Why Should I Joint Venture with Easy home Buy Properties?
Well, I’ am not too sure that you should, but here are some reasons why quite a number of other people have.
- By entering into a joint venture agreement they can invest in the property market one step at a time with someone else on board for guidance.
- They feel more at ease being involved with the largest and most well known vendor financing company.
- They know that our experience in doing what we do, took many years to learn and therefore we usually get it right. As a result they gain 100% of the learning curve and only ever take 50% of the risk.
- They know we will not allow our partners to incur any expense in relation to the property, that they do not recover prior to any profits being split. This is important as it means our partners incur no holding costs or mortgage payments without reimbursement prior to profits being split.
- They came to one of our workshops and as a result recognize that what we do makes sense.
Joint venturing is simply another way to invest. Many people like to invest in multiple income streams such as the share market, property, etc. But it’s the lack of time that can stop people from gaining the necessary knowledge. When you become a Joint Venture Partner with "Easy Home buy'." you get access to that knowledge instantly.
"This Is What I've Been Looking For !!!!”
Great
- You should determine how much money you have to invest and how much funding you think you would qualify for from your lender.
- Call us today to discuss your investment goals
- Also, do some investigation and see what’s on offer in the market place.