On today’s episode, Bernadette discusses how joint ventures are a great way to fill the gaps in your resources when you are renovating. She gives us the details of the good, the bad and the ugly aspects when you are planning on taking joint ventures as a means of doing a project. Bernadette covers, What are joint ventures and why you should get into one The ideal traits you should look for in a joint venture partner How to make the right goals with your partner in your joint venture project Identifying both of your strengths and assigning the jobs that complement each other's skills What are the "what if's" of the project and how you can address them properly Why having independent professional advice is critical to creating the contract of the project Choosing to work with people who are aligned with your values Who are the professionals you need to be working with on your joint venture How to manage the money Getting clear as to what constitutes a project cost The most important attribute in a joint venture partner If you find this episode helpful, you can help support the show by leaving us a 5-star review on iTunes: She Renovates and subscribe to the Podcast. Check out more renovating tips and inspiration at www.theschoolofrenovating.com

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