Jan 10 2025 24 mins 1
How a Google Ad Led to a $120K Joint Venture Deal in Big Sky Country
In this episode, Clint and Jeremy break down an unconventional partnership deal that came through their Google ads - proving that messy title opportunities can come from unexpected places.
What started as a simple $20K request evolved into a $60K investment with creative deal structuring, showing how flexibility and proper security measures can turn challenging situations into profitable ventures.
Key Highlights
- Property: A-frame house on 8 acres in Montana
- Investment: $60K total (in multiple draws)
- Expected Return: $120K
- Timeline: Multiple months from first contact to final agreement
- Structure: Pure partnership/joint venture deal
Deal Breakdown
- Initial Contact
- Lead from Google PPC ads (unexpected out-of-state inquiry)
- Owner wanted to split property and needed capital
- Initial purchase offer rejected
- Evolution of Deal
- Owner disappeared for months trying traditional routes
- Returned after failing with other options
- Deal structure evolved from purchase to partnership
- Unique Challenges
- Owner had check fraud conviction
- No traditional financing options
- Property required lot split
- Out-of-state complexities
- Multiple draws needed for various expenses
- Security Measures
- Extensive identity verification
- Joint venture agreement with deed of trust
- Purchase option at $250K if default
- First position for repayment
Key Takeaways
- Creative deal structures can solve complex problems
- Importance of proper security in partnership deals
- Value of patience in deal evolution
- How to handle out-of-state opportunities
- Proper vetting for online leads
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