Love And Real Estate: Building A Solid Foundation For Joint Ventures
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Love And Real Estate: Building A Solid Foundation For Joint Ventures
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Love is indeed in the air, and what better way to celebrate it than by embarking on a journey of buying, selling, or investing in properties with your loved ones? Whether it's with a partner, friends, or family, the prospect of joint real estate ventures can be thrilling.
However, beneath the excitement lies a potential minefield of challenges that could strain even the strongest relationships.
What happens when things don't go according to plan? Why is it important to understand the nuances of the person that we’re buying with? How can we take calculated risks with our partners, friends and family?
In this episode, we talk about getting started when buying a home with a loved one, how to think strategically when it comes to shared responsibilities and different things to consider when going into a joint venture.
You’ll also learn;
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The importance of transparency
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Get invested and reinvested
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Versatility and opportunity
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Understanding the situation your relationship is in
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Fiscal responsibility
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