Creating wealth and financial security
To find out more on how to become an equity partner, email us today... Joint Venture Property is a unique collaboration of our financial partners and our experience in developing property. We bring over 25 years experience and expertise in property and do all the work, while our financial partners carry on with their lives without requiring any knowledge of property, or time input. Both parties get to share in the profits offering a true hands-off passive income.It's a well-known fact that nobody creates more money in property than the developer who builds the initial construction. This is where we concentrate our efforts by building new or renovating existing properties. One of the problems in the present property market is there's very little growth, if any. Therefore the best way to create value in property is to build new or renovate. Another issue with property at the moment is finding buyers once it is constructed. We have been able to resolve this by arranging the sale of the finished property before work has even started.
JVP has created a system that benefits from a combination of developing and renting property that is unique, straightforward and simple.
Our system is unique for many reasons...
- The way our partners money is secured on the land/property
- The speed of construction using modern technology
- The modern and desirable eco-friendly properties we construct
- Our network of contacts that source the land/development sites
- The due diligence and costing on each project before purchase
- Our innovative sales methods giving a timely return to our financial partners
If you are looking for away where your money can work hard, giving you healthy returns, while still offering a high level of security, that's exactly how this opportunity has been structured. We have all found out the hard way that banks aren't the solid reliable institutions we thought they were. More and more of us are losing faith in the traditional methods of providing for our financial future, such as pensions. Too many people reach retirement age and find they have to carry on working. We are not advocating that you don't have a pension or other saving methods but we do believe that we should be doing more to guarantee a secure future.
Some of the best ideas in business are not necessarily new ones. Take Starbucks for instance – they've created a billion dollar company from a simple cup of coffee! Dyson improved the humble vacuum cleaner and they now totally dominate that market. We can all probably make as good a burger as McDonald's – but from a burger they have created one of the most successful brands ever. The point here is that it's often easier to perfect something you know, rather than develop a completely new idea.
JVP's system benefits from a combination of developing properties and the rental market. We have over 25 years experience in renovating and developing property and more than 18 years as landlords renting property. Up until 2004 we had undertaken a combination of buy-to-let and buy-to-sell, but as property prices rose significantly, margins in buy-to-let were becoming much harder to achieve. So in 2004 we decided to concentrate our efforts on developing property to sell and we were very successful – but towards the end of 2007 when there was a run on the Northern Rock building society, then in 2008 the collapse of Lehman Bros, suddenly we were in the Credit Crunch and developing property to sell became almost impossible. However, we were nearing the completion of a development and only had three properties left to sell. By mid-2008 we took the decision to let out these three remaining properties as not only had potential buyers disappeared but also prices were reducing significantly too as the banks seemed to go into freefall and mortgages virtually dried up. It was at this point that the benefits of our rental portfolio really hit home. We all know how hard the economic climate has been over the last few years – but thanks to a passive income created from our previous efforts in buy-to-let we've sailed through the recent recession. This is what has led us to create this opportunity by combining our knowledge and experience of developing and selling new homes and letting in the rental market. So even though our focus is to build highly desirable properties so that they are easy to sell, if a property doesn't sell JVP are committed to buying it so that our financial partners get a speedy profit.
How Does It Work?
Successful business people have always understood that it is impossible to be an expert in all areas, understanding this they employ others to cope with the expertise they require. This one thing will allow you as a partner to draw on a huge amount of property experience – and leapfrog all those trying to learn about the market along the way... giving you the opportunity to profit from property as if you were an expert. JVP gets you right to the best source of profit in property – being involved from the initial spade in the ground. This is the biggest opportunity for profit, and most people cannot gain access at this level. Armed with this knowledge you don't have to learn how to become a property investor or developer - you can simply partner with one.Security
When an area of land is developed and sold, the profit comes from the difference between the costs involved in purchasing and developing the site and the final sale price. Traditionally, joint venturing would mean you invest in the developer and share the profits – but the big problem with this is that if the developers business should fail for whatever reason – you would lose your money. JVP is unique because we secure your money on the land by giving you a legal charge at the Land Registry. So rather than investing your money in JVP your money is secured in the value of the land so that if anything happened to us or JVP your money is a lot more secure. There's no benefit to us in doing things this way – in fact it costs a little more in legal fees – the benefit is to our partners in terms of security. The back bone and culture of JVP is respect and security for our partner's money – and for this to be a long term vehicle for ourselves, partners and future partners we need to deliver consistently in all areas with honesty and integrity.What Are The Risks?
There's always an element of risk in anything we do in life – but there's a difference between risk and risky... Our system is aimed at understanding and managing risk with a view to eliminating it. To give you a better understanding of what we mean when we're talking about controlling risk – let's use a ladder as an analogy... Some people are so averse to risk they won't even step on the ladder so they stay on the ground safe and secure in the knowledge they can't fall... Some people race up the ladder to the top – and sometimes this works – but there's a high risk of falling... What we're talking about is managed risk – where there are 2 people putting the ladder up, checking the ground is level, the angle is correct and the ladder is leaning on a secure surface... One person foots the ladder safely from the bottom and the other person climbs up and secures it at the top... This scenario takes longer and requires more effort but risk has been understood, managed and therefore controlled. This is the difference between risk and risky.Due Diligence
We carry out a full risk assessment on every site before we even consider purchasing it with our main focus being on the completed properties.We want to know four key things:
- What will the completed property be worth?
- What are the renovation/development costs?
- What demand is there for this specific type of property in the area?
- What rental income is achievable?
- The approximate profit potential for renovating/developing and re-selling;
- If the property doesn’t sell, will it make a good rental property?
- If we retain the property for rental, will we be able to re-finance it to release our partners’ capital and profits?
Profit Strategy & Potential Returns
When the development is complete, the property is either sold, releasing a profit, or it is re-financed with a buy-to-let mortgage by us, releasing funds as profit. Having the re-financing option ensures an exit strategy for our partners, even if the property doesn’t sell. It is for this reason that we ensure the figures work for this option at the point of original purchase. Our focus is to make a minimum of 20% return on investment for our partners. If we think we cannot achieve this when initially viewing and analysing a site, we won’t look at purchasing it. Although profits cannot be guaranteed, by undertaking an in-depth analysis on the costs to purchase the site, the development costs and the final sale price of the property, we will have a clear indication of the returns a project should make. Although 20% is our minimum target, our focus is always to create more than this. (See case studies).Joint Venture Commitment
We believe that property is and always will be one of the most secure investments you can make. To become a JVP partner, your commitment is simply to invest funds in one of our projects. Our commitment is to find and acquire the site, build and complete the project and finally to sell or let the property, releasing your capital and profits.At the end of a project profits are split 50:50 between JVP and our partners. This is a very hands off opportunity but one that you are investing in the source of what creates the profit. This is unlike a lot of opportunities where you are very hands-on, working hard and often learning as you go, or you are investing in shares of a company that you have absolutely no influence on whatsoever. We give regular updates and photos on each project so you can see how things are going.
Joint Venture Benefits
The benefit to our partners is that they can get involved in the biggest source of profit in property, and be able to get on with their everyday life in the knowledge that their money is working hard for them, without them having to learn all about property or take valuable time out of their schedule.The benefit to JVP is that we can undertake more projects than we would have otherwise been able to do, with the extra funding from our partners.
This arrangement is a win-win scenario creating more profits all-round.
This site is designed to be informative and help you more understand what we do. It will not answer all your questions but should be enough information for you to make a decision on whether you want to take things further. If you would like to get your questions answered and understand how our system can work for you, please send us an e-mail, so we can arrange a call or meeting and explore the possibilities of you becoming a JVP partner.
Looking forward to your e-mail and working to a more prosperous future.