HELPING OTHERS BUILD WEALTH AND FULFILL DREAMS THROUGH REAL ESTATE…….
In April of 2016 my husband and I invested in a joint venture with Sarah Coupland. He and I own five other investment properties, and out of all of them, we would have to say that our property with Sarah has been the easiest, most trouble-free investment experience of all of them.
Most rentals, especially multi-unit buildings, do not come without their share of problems here and there; tenant issues, repairs, etc. We have not dealt with any issues of any sort for the past four years, despite that there have certainly been some, and we have therefore not had to worry about anything. Sarah and her company have the experience and knowledge to deal with these situations. We have trusted her and her team to run the building and they have not let us down. They update us and give us information periodically but we have not actually had to lift a finger.
For the last four years we have done nothing but collect some money every now and then, and watch our equity grow! I would certainly recommend a joint venture with Sarah to anyone that is busy and wants a secure investment with little to no worries.
In 2016 Sarah found us a 12 unit property at under $50K per unit, and I could see no reason why not to do this. She created the JV agreement where she was responsible for all of the renovations and property management and except for financing I was hands off.
After possession, Sarah’s team started renovating, re-renting, and increased cash flow over the next 2 years. The building was re-appraised for over $90K per unit in 2019. I sold out my share to Sarah and I grossed over $200K capital gains.
The most important part of a Joint Venture is trust. Our agreement clearly stated our participation and end goals. However, there were never any worries or concerns on my part and Sarah and I are onto our next JV, which should conclude in the next few months…and I’m sure #3 is right around the corner.