50/50 JOINT VENTURE PARTNERSHIPS
\ Joint Venture \ 50/50 Joint Venture Partnership
Offering a win-win Joint Venture relationship is our specialty. The 50/50 Joint Venture Limited Partnership is structured as follows:
You the Investor:
1) Provide the initial funds to cover the expenses required for the property acquisition, initial tenant placement, and 3 months reserve fund.
We gladly do the rest:
1) Property Selection: Properties are selected using a proven real estate Due Diligence System that will bring you closer to your investment goals. We aim for properties that will provide the highest returns with the lowest risks possible.
- Location: With our research team, we remain up to date with the latest fundamentals across the country. Areas are analyzed to determine where the best, NON SPECULATIVE markets exist. With the help of our Realtors and agents, we focus in on specific properties, in a specific neighborhood, in a specific city/town, in a specific province. Properties are selected in area’s which are benefiting from the greatest fundamentals which have historically proven to drive property values and rents in the long-term. All the while, areas are always selected with an exit strategy in mind – Area’s with a Future, Not a past!
- Monthly Cash flow/Appreciation analysis/ Pro-forma: We determine the rents, operating expenses, and estimated appreciation in the area to determine if a property is consistent with our system and meets your goals. Property Pro-forma’s are reviewed with the investor before the property is purchased.
2) Property Acquisition: Once property is selected, we will handle everything required for acquisition. This includes:
- Placing the Offer/Purchase negotiations: Includes all communication/working with the seller and/or Realtor or buyers agent required to secure the deal.
- Further Due Diligence: This includes a property inspection, appraisal, and Strata corp. document reviews for condos/townhouses before the subjects are removed
- Obtain Financing: We will arrange and organize everything required for obtaining suitable financing
- Closing: We will co-ordinate our effort with the lawyers in order to complete the deal.
- Insurance: We will obtain suitable insurance for the property – arranged prior to closing so coverage begins at the moment that ownership is transferred.
3) Renovations: When required, we will co-ordinate the renovation team in order to bring the property to a clean and safe rentable condition.
4) Tenant Placements/Management: With the co-ordination of our Property management team, we will advertise the property and screen qualified applicants in order to place a suitable equity building tenants. We will maintain all related management responsibility throughout our ownership of the property including: maintenance, insurance, tenant occupancy, financing renewals, bookkeeping, accounting, and cashflow distributions.
5) Property Sale/Profit Distributions:
- Sale: We will monitor the area’s economic fundamentals to determine the best time of sale. Once both parties have agreed upon a time of sale, we will handle everything involved in the disposition of the property. This includes, but not limited to the hiring and co-ordination of realtors and lawyers, advertising, and buyer negotiations.
- Profit Distributions: Upon sale of the property, funds are distributed as follows:
- All initial and further property contributions are paid back to investor and/or Bagorio Corporation
- 50% (in this example) of all remaining profits are paid to investor. Profits include those from positive cashflow, mortgage pay down and equity appreciation. A final statement indicating investor profits/losses will be provided for tax purposes.
Please contact us with any questions, or to setup a time to talk about the ownership and liability structure.
Disclaimer: This website is intended for information purposes only. This is not an offering of securities. Investments are available via offering memorandum only. |