Multi Unit Deals - How much do you give and how long do you hold?

[David Lopez]

I just finished listening to Brandon Turner's interview with Michael Blank on investing with other peoples money. If you have not listened to this it is a great interview and very informative.

I feel confident in my ability to raise money and have some investors currently allowing me to get in to a big deal sooner than later. The first question I have for the community is what is a good rate of return to offer in the current market for investors? Is there a standard average to follow like the stock market etc...?

My second question is how do you structure your hold and sell time period. Clearly as long as the property is making money my wish is to hold it for 10 plus years but investors may want their money back sooner if they are older than me or for various other reasons. Do you put in verbiage that deals with market fluctuation in case the sell period comes up and the market is on a downswing so you want to hold it longer?

Any tips would be greatly appreciated.

David