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Due Diligence on Joint Ventures

Jo Rogers of Navistar Legal comments

You work hard to find the property deal or development that will move you to the next level.

You do what you have been told by mentors and those before us - “use other people’s money to leverage the deal”. So you find an investor or two.

But unfortunately getting investors means working with other people. And “people do complicate everything”.
For those of you that have had things go wrong in property - you can attest that ‘other people’ usually have something to do with it; so I am preaching to the choir!

For those who are new to this or that have never been burned, let me tell you why this is important:

Imagine that you are going to marry this person – you could be entering into a lifelong commitment, without really going on a first date!

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