Method number 3; Joint Venture 2
Another way of joint venture is where you look for owners of land or run down properties. Persuade them to let you build or rebuilt their property and share the proceeds when it is sold for a higher price later. Or share the number of properties that you have built for them.
Example; owner of a piece of land that has got permit to build 8 units of apartments. Offer to build for them for free and share 4 units each when it is completed. Your question will be where do you find the money to build? Here is what you do, convince a builder to build the 8 units and offer him 3 units upon completion and you end up with 1 unit for free.
If you want to do this, you will need to have a very good lawyer to help you with the contract with both the builder and the owner.
Will share more ideas next week
