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Updated over 2 years ago on . Most recent reply

User Stats

23
Posts
9
Votes
Jacob Rosenkranz
  • Investor
  • Port Hueneme, CA
9
Votes |
23
Posts

Choosing an operator

Jacob Rosenkranz
  • Investor
  • Port Hueneme, CA
Posted

How do you think about these two things?

1) I have identified a very experienced operator but they are projecting very high returns (31% IRR) which I feel is a red flag.

2) I have identified other operators that have only syndicated deals a few times so are not as experienced but everything else feels good with them. 

Most Popular Reply

User Stats

1,007
Posts
1,629
Votes
Brian Adams
  • Syndicator of Large Apartment Buildings
  • Glen Mills, PA
1,629
Votes |
1,007
Posts
Brian Adams
  • Syndicator of Large Apartment Buildings
  • Glen Mills, PA
Replied

@Jacob Rosenkranz as an operator myself, and I know we are in a crazy market, that IRR seems to be outside of normal and reasonable. You should ask the operator for clarification, maybe a typo.

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