OwnerPlex is on a mission to make group real estate investing accessible. Whether you're an investor, a first-time buyer, or simply looking for an alternative to going solo, we're here to demystify the process and show you that it's possible—and achievable.
Important: OwnerPlex is not a registered dealer or legal advisor. We provide educational content and connect you to professionals. Always consult your own lawyer before entering into any co-ownership agreement.
Understanding your options is the first step to making an informed decision. Here's how Joint Ventures, Co-operatives, and Condominiums compare.
| Structure | What It Is | When to Use It | Pros | Cons |
|---|---|---|---|---|
| Joint Venture (JV) | A private agreement between partners to share ownership and responsibilities. | Small groups (2-4 people) pooling funds to buy a property together. | Flexible, simple, customizable. | Risk of disputes, no formal governance structure unless you write it yourself. |
| Co-operative (Co-op) | Members collectively own the property through shares in a corporation. | Ideal for groups wanting to formalize shared decision-making. | Built-in governance, share-based ownership. | Less common in residential real estate, banks may be unfamiliar. |
| Condominium (Condo) | Individual ownership of a unit with shared ownership of common areas. | For groups wanting separate units in one building or easy resale. | Clear ownership, easier resale. | Less flexible, subject to condo board rules, developer fees. |
The most flexible option for small groups. Partners create a private agreement to share ownership, costs, and responsibilities.
A formal corporate structure where members own shares in the corporation that owns the property.
Individual ownership of units with shared ownership of common areas, managed by a condo corporation.
We provide clear, unbiased information about your options—no shady sales tactics.
We connect you with qualified real estate lawyers, brokers, and other professionals.
We do not replace legal or financial advice—you always need your own professional.
It depends on your group size, relationship dynamics, and long-term goals. Joint ventures work well for small, trusted groups. Co-ops are ideal for larger groups wanting formal governance. Condos suit those wanting individual ownership with shared amenities.
This is why exit strategies are crucial. Joint ventures need buy-sell agreements. Co-ops typically have share transfer rules. Condos allow individual unit sales. Always plan for exits before you buy.
Yes, but requirements vary by structure. Joint ventures may need personal guarantees from all partners. Co-ops might require specialized lenders. Condos typically have the easiest financing options.
This varies by structure, but generally includes partnership agreements (JV), corporate bylaws (Co-op), or condo declarations. Always work with a qualified real estate lawyer to ensure proper documentation.
Contact us to access exclusive opportunities and connect with qualified professionals who can help make your group ownership dreams a reality.