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In this video, we tackle a critical topic for real estate investors: protecting yourself in a joint venture partnership. Let’s discuss the potential pitfalls of trusting a JV partner without the right legal safeguards in place.
We’ll also discuss the importance of clearly defining roles and responsibilities within the joint venture. Misunderstandings about who is responsible for what can sink a partnership, so having these expectations outlined in your operating agreement is crucial.
If you’re about to enter a real estate joint venture or want to ensure your existing partnership is legally sound, this video is a must-watch.
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Show Notes:
0:00 Intro
1:06 Ownership & Contributions
2:39 Rules and Responsibility
3:53 Decision Making
5:44 Profit & Loss
7:19 Management & Control
8:45 Exit Strategy
10:30 Dispute Resolutions
11:31 Non Competition
12:44 Default Remedy
13:27 Dissolution of Company
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CONTACT US
Phone: 800.706.4741
Email: info@andersonadvisors.com
Fax: 702.664.0545
ABOUT CLINT COONS
Clint Coons, Esq. has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
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