getting started - the jv path with asset stream
A concise, step-by-step onboarding guide (PrivatePortfolioGettingStartedJVPath_2025-06.pdf) by Pete Schnepp describing Asset Stream’s JV path for experienced limited partners who want to co-own assets. The guide outlines six sequential phases: (1) Mutual Intent — two calls plus case-study review to align values, risk tolerance, and goals; (2) Commitment — signing a JV Agreement and forming the partnership (“You & Me LLC”); (3) Entity & Banking Setup — create a dedicated LLC and open a joint operating account for transparency and reporting; (4) Deal Sourcing & Approval — Asset Stream filters and sends high-quality deal briefs for partner review and final approval; (5) Acquisition & Management — Asset Stream handles acquisition, financing, implementation, and ongoing asset management with regular updates and investor reports; (6) Long-Term Portfolio Growth — stabilize the first asset and proactively source subsequent deals, targeting 1+ acquisitions per year to build a compounding portfolio while partners remain involved in strategic decisions.
Questions this document answers
You & Me LLC
1+ acquisitions per year