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Updated over 1 year ago on . Most recent reply

System to manage a development / partnerships
I have a few developments in the works. Each development has its own entity and partnership structure.
I am looking for a best practices as it relates to systems used to manage all of this. My partner recommended Invest Next.
Even though I have good deals in the works, we are still in the beginning phase of a lot of these. The $4000 start up cost seems high and I am not sold on the value the system would bring for the projects. Would Google Drive combined with Slack, Monday or some other project management / communication system suffice for several partnerships with several different entities? Is a system like Invest Next the best practice for structuring and managing partnerships like this?
Most Popular Reply

Do you have passive investors in the deals or are you all active partners? If you have passive investors, a portal like InvestNext is worth it. I use InvestNext and I see a LOT of other people moving their portals over to InvestNext as well.