Joint finance ventures put friendships at risk as well as money

By Noel Whittaker
Updated October 11 2018 - 5:15pm, first published 9:00am
DUAL VIEWS: A joint financial investment gone wrong could end up costing you a lot of money - and a friendship or relationship.
DUAL VIEWS: A joint financial investment gone wrong could end up costing you a lot of money - and a friendship or relationship.

One of the great investing maxims is: “Your best business partner is always the bank; all they ask is that you pay the interest”. Yet due to high property prices, it is becoming common for people to consider pooling their money with friends or family members to go into a real estate joint venture.

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