Phase 1 – Foundation of a deal
JV Presentation
Prequalification
ROI calculation
Letter of Intent
Deposit
Legal Paperwork Review
Mortgage Pre-position
Property Search
Phase 2 – Acquisition
Offer made and signed
Deposit to seller
Deal Transferred to final buyer’s name
JV agreement signed
Financing approved
Conditions removed
Phase 3 – Management
Tenant Management
Property Tax / Insurance/ Utilities
Repairs / Maintenance
Banking / Bookkeeping
Cashflow payout
Reporting
Exit / Continuation