HMO Success Podcast Episode 3 : Doing Your Due Diligence on a Joint Venture Partner

HMO Success Podcast Episode 3 : Doing Your Due Diligence on a Joint Venture Partner It’s likely that at some point you’ll run out of money to invest with. If you’re considering a Joint Venture, where you raise money from other people to invet with, there are some core considerations to take into account.  Here are some brief notes from today’s episode: What are the reasons for the partnership?  What type of investor do you want / need? Check the FCA 13/3 guidance   How long do you want to invest together for? Project by project is different from long term relationship   How do they make a living right now? How much money do they have? A few documents to check through:  Payslips Evidence of income Bank Statements Company tax return   What is their business experience What is their property experience Do they have other assets?  Disclosure - confidential Heads of terms NDA