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Updated over 2 years ago on . Most recent reply
“Acquisitions specialist”; an “Asset Manager”??? …don’t know : /
Hi! I’m hoping to receive some guidance on the following as it’s been difficult to figure out:
What would the role or title be of a person that completes preliminary analysis of multifamily / commercial properties (i.e.: completing “quick & dirty” & REFM analysis) and they want to present deals to an investor or investors – but they haven’t developed their own team (as a developing novice), have 2 years of experience in analyzing, and don’t have enough capital to contribute to a partnership or syndication (their only available capital is currently below $7k).
What role or title could that person have? How would you structure them into the deal if you decide to move forward with their lead – and how would you incorporate the compensation for such?? I’m not sure if this would still fall under a “finder’s fee,” as they’re doing more by completing an analysis.
Would appreciate any experience/guidance with handling the above. Thanks in advance!
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Specializing in one part of the syndication process and partnering with others that lack that certain skill set is a great way to break into it! That is what I did. For me it was underwriting and then partnered with two other people that were strong in sales and operations.