Joint Venture

A Joint Venture is a partnership between two parties to combine forces and collectively work towards a common goal.  As a Joint Venture we at “ASP Canada” like to think in the terms of leverage and value!

A Joint Venture is created when two or more parties bring something valuable to a deal that benefits both parties involved.

You may have access to investment capital and borrowing capacity for a residential mortgage, while ASP Canada contributes its networking professionals, experienced property assessments, profitable locations (across Canada), property management experience, and its proven system for identifying successful investment opportunities.

By working together, we create a system that allows us to solidify a buying power that quickly and effectively helps us achieve our mutual objective.

You provide the capital, we provide the expertise!

Here are our 7 Steps to create a successful Joint Venture Partnership

Step 1 – We solidify the relationship

At ASP Canada we think it is imperative that we know your goals. One of the most compelling ways in which to do this is by sitting down together and creating a vision of where you see yourself in your future.  We LISTEN and help you achieve those financial goals!

Step 2 – We review your track record

At ASP Canada we like to discuss your past track record in real estate or the track records of some of our other successful members who have created success using the system we follow.   We always ensure that  we are following our successful but proven system, that we have done our homework and that you are surrounded by a strong support team in the Real Estate Industry.

Step 3 – We know our product

We have a complete set of color photos of the property you wish to JV on. The inside of the property, the outside and surrounding neighbourhood. We prepare a presentation that makes it REAL.

Step 4 – We are prepared

We come prepared so you don’t need to worry.  Completed copies of all your due diligence checklists, your Property Analysis Form, Condo Reserve Fund Study (if applicable), Pro Forma Cash Flows, and newspaper articles. This helps ease the worry factor, we make you look like a sophisticated investor.

Step 5 -  The Joint Venture Arrangement

We will work though the “Joint Venture Worksheet” with you.  This is the simplified overview of the full JV agreement and it outlines each party’s responsibilities and how potential situations will be handled if they arise.

Step 6 - We take care of your needs

You never walk away empty handed or without the knowledge.  We take the complete package from steps 3, 4 and 5 above along with a Certificate of Independent Legal Advice to our accountant or lawyer for a second opinion. We guide you along each step of the way!

Step 7 - Being part of our TEAM

After the deal is done, we make sure you are part of our team. We inform you on how things are progressing. We keep all correspondence on your property and financial investment current.  This includes any news articles and cheques.

If you know of anyone else who would like to do a deal like this. These referrals will be extremely powerful for you!