What You Must Understand Entering and Exiting Real Estate Joint Ventures

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What You Must Understand Entering and Exiting Real Estate Joint Ventures

1d ago 30:27

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When it comes to joint ventures and private mortgages it’s much easier to get in a JV compared to getting out of one. The Exit must be planned before anything is done.

You need to be asking;
How is the information being shared?
Are some of the JV partners silent partners?
How is the money tracked?

There are so many important factors to consider when entering a JV and our guest, Diane Ulman shares many of the points in this archive edition.

But there is a lot more to real estate law than that.

💥 In this episode, you will learn about ⠀
✅ The importance of title insurance
✅ What does a real estate lawyer actually do?
✅ How to deal with tenanted properties
✅ Asking for final walk-throughs
✅ How to use small claims court when facing issues

✅ JVs… Exit strategies!

Diane Ulman was recently asked by a 4-year-old what she does as a real estate lawyer. Here are her main duties:

1. Confirming the right people are signing and involved.
2. Confirming information about the property
and
3. Confirming the money!

Diane started practicing law about 10 years ago. She now deals with ‘happy’ law which means real estate whether buying or selling. Thanks to COVID, 99% of closings are now virtual.

As for private mortgages, the possibilities are endless! Make sure to speak with a lawyer experienced in the private lending world to ensure a smooth process.

Get in touch with Diane:
https://www.linkedin.com/in/dianeulman/
https://www.instagram.com/dianeulmanlawyer/
https://twitter.com/UlmanLaw

300 episodios

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