Syndication Veterans: My 1st deal, fees too high?

[Josh Cochran]

Hello wise syndication veterans, I need your help as I evaluate my 1st syndication, $100k investment.

**The Deal: 244units, Houston**

What do you think of these fees, fair or a little over-the-top?

- Acquisition Fee - 1% of Purchase Price

- Asset Set up Fee - $8,500 total

- Asset Management Fee - 3% of income

- Disposition Fee - 5% of difference b/n purchase price and eventual sales price

- Mortgage Guarantee Fee - 1% of amount guaranteed

- Financial Services Fee - 5% of capital contribution of each limited partner

- 65/35 Split: After investment repaid

Thank you in advance!!