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Defining a Joint Venture's Scope of Business Gibson Dunn Form

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Defining a Joint Venture's Scope of Business Gibson Dunn Form

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if I am a person that's going to go out there and find real estate deals and possibly be the one in charge of the rehab and I want to work with another joint venture partner do you want that individual being involved in the day-to-day business that can be a problem if you want to bring someone in because they maybe have a different idea of how this works and they really have no real estate investing experience so if you're running real estate personally I wouldn't want someone involved with me I'd like to use her money think of it like going to a bank how would you like it if the bank sat there and tried to make a rehab decisions on a particular property with you every step of the way or you had to check with them each time you wanted to change out a paint color or something like that well that's what can happen when you get involved in a joint venture where it's set up possibly through a limited liability company or tenant and common rel

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