This week we are excited to bring you a brad new, totally free course called 'Which Strategy Is Right For You?'. If you're yet to discover all of our free training content then you're missing out - you can find it all here (including the brand new course). In this week's episode we're talking about joint ventures for the first time in three years. They’re still a hot topic in property so we wanted to revisit and go into more detail. It’s the cover story in the next magazine...more on that later What is a joint venture? Often one person with skills/knowledge and one with money, but by no means always. Why do it? Generally you would embark on a JV to access skills/resources that you don’t have, e.g. You have the skills to do a flip, and JV with someone who has cash You’re a builder looking for a project, and partner with a local investor who has access to deals You JV with someone who owns land for a development project What types of JV are there? Profit share: At the end of the project, you split any profit in pre-agreed shares Fixed interest: The partner putting in the money gets an agreed rate of interest, whatever the success of the project Which is best depends on who’s putting in what, the sophistication of the investor, etc In the podcast The Robs take a look at why you might not want to joint venture, when could it be property investment disaster, and when is it just not worth the hassle. But if if it is for you then we also discuss how to find a good JV partner. News story of the week: More buy to let lending in UK going to limited companies Limited company is now the dominant model in investment with over half of BTL lending by value now going to limited companies. Take a look at the story in full here.  Join the conversation over in the forum Have you had a good or bad JV experience, and what have you learned along the way? Join the conversation on the forum. If you enjoyed The Property Podcast, please leave a review on iTunes Reviews are really important in helping other people to find the show, so by way of thanks we read out every single review we receive on air. If you’d like to hear your name on the show, leave us a review on iTunes here. Not sure how to leave a review? This video shows you how to review and subscribe on iTunes. See omnystudio.com/listener for privacy information.