Successful real estate joint ventures take many different forms. However, they all have at their core a common likeness. This is that somebody with real estate experience sets them all in motion. This individual has experience, energy, and a detailed plan toward profitably developing a specific piece of real estate in a certain way.

This party can be referred to as "brains and labor". Now capital must be raised, at least enough to provide sufficient equity to enable bank financing for the project.

The person filling this need for equity is often referred to as "capital". This individual is attracted to the potentially high financial rewards attendant to owning an interest in a successful real estate development. This person is also attracted to the high rate of interest that is paid capital in addition to a share of profit. Sometimes such a person even wishes to play the role of total banker effectively resulting in a project that is financed completely with equity capital.

Perhaps lacking in hands on development experience or simply not wanting to spend their energy and time to do it, this person my wish to only participate in what is the quieter role of purely "capital".

Through the eyes of the developer the paring up of these two parties, i.e., developer and equity capital, and the joint venture contract that results can simply be described as: "you 'capital' and I 'brains and labor', and we split the spoils."

A vary large number of moneymaking projects are structured in this way! Within INVESTwest are brokers that have successfully played one or the other of these roles. One of these brokers provided the "brains and labor" for the Barclay Meadows Business Park in Sisters, and another played a similar role in the now nearly sold out Sunset View Estates. INVESTwest will be happy to meet and go into more detail.