Buying properties and on-selling them with Vendor Finance is a great business model. However, eventually we were unable to buy enough properties to meet buyer demand. This "challenge" was overcome by people noticing our success and wanting to get involved.

These people tended to be "time poor" individuals who wanted high returns from their money. Returns that are normally unheard of in the residential property market. As they were "time poor" they wanted a "turn key" opportunity, i.e. we entered into a Joint Venture, where they bought the property and we did the rest, while sharing the profits along the way.

However they were only prepared to do this if we could show a suitable Risk Minimisation program.  Our Risk Minimisation plan can be viewed here: Risk Minimisation

Essentially, our Joint Venture Partners:

Wanted their journey to wealth to be put on autopilot, i.e. enjoy passive income.

Wanted to increase their income without increasing their workload.

Wanted to profit from our knowledge and expertise.

Wanted to harness the power of leverage.

Wanted the advantage that trading properties gives, i.e. another income stream.

Our latest property was purchased and on-sold with Vendor Finance in NSW. This transaction was structured as a Joint Venture. Information regarding this Joint Venture can be found under the Information tab.

Quite often we use the returns from these transactions to support our negatively geared properties. Some of our Partners do the same, others just enjoy the high passive income.

JV Property Partners Founders: Rob Hardy and Paul & Karen Dobson