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Half the risk, Double the profit

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Your Investment Property | 14 May 2015, 12:00 AM Agree 0
Ready to sink their teeth into the property market but not quite cashed up enough to do it alone, Gold Coast siblings David Christopher and Sascha Haddon decided to pool their resources and buy a property together. The duo wound up splitting their risk while their apartment doubled in value
  • Paul | 04 Jun 2015, 11:19 AM Agree 0
    Is Your investment Property familiar with the term "Jointly and Severally Liable"?
  • YIPjourno | 04 Jun 2015, 03:41 PM Agree 1
    Hi Paul, Yes we sure are – however when we refer to the pair 'splitting their risk', we're not just talking about their mortgage obligations. There are other financial, insurance and strategic risks that are minimised when buying in a joint venture.
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