Communicating to Our Joint Venture Partners

Posted By admin on March 23, 2008 @ 11:23 am

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I have organized a joint venture partner group for real estate investors.  The idea behind a group is to allow us to have the opportunity to get into large-scale real estate investments that we would normally not be able to invest in on our own.  These opportunities have included apartment complexes, hotels and large commercial buildings.

You would think that the hardest part of the whole group would be the organization and collection of funds before closing a purchase of an investment property.  Strangely, that hasn’t been our problem.  In fact, our largest challenge has been finding a medium with which the partners have the opportunity to communicate with one another.

It would have been the easy to have a meeting with everyone in one room if we all lived in the same city.  But that is not the case.  You see, some of the partners do live in the same country as I do, but a lot of them live overseas.  What we needed was an efficient communication method that was easy and affordable.

One of the partners suggested that we can use toll-free conferencing through AffordableConferencing.com.  He had used it before for one of his companies and he had mentioned that the pricing and service were second to none.

So we have contacted the company and have signed up for their service.  We will be testing it out on our conference call this weekend, and hopefully everything will run smoothly.







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