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Updated over 6 years ago on . Most recent reply

User Stats

603
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347
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John Fortes
  • Multi-Family Syndicator
  • Abington, MA
347
Votes |
603
Posts

We are all in this together

John Fortes
  • Multi-Family Syndicator
  • Abington, MA
Posted

The Multifamily event I just attended with many of you in Nashville made me realize the value of partnerships. Everyone brings a different element to the table. We all have our own unique "set of skills" (said in Liam Neeson's voice). So many of us use self-directed IRA's (solo) or GRP's and obviously can't invest that in our own opportunities. But we can help someone we are familiar with on the platform out in their deal as they are raising capital.

This doesn’t get talked about too often from what I’ve seen. Some people are bringing some great deals to the table and there is push back for whatever reason, as they don’t want to sit on the LP side of things. It could be that they are preserving their liquid capital for their own deals and I get that but what is the reason for the self-directed (solo) or QRP funds being with held? Just trying to understand this a little bit more.
  • John Fortes
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