Questions for Syndication GPs

[Russell Beach]

To those who have been GPs in multiple apartment syndications.....

1. What were your first 3 or 4 payroll positions you added to help execute your syndications business?

2. How many syndications did you execute before hiring these positions? Did you do the first deal without any support?

3. For your first 2 or 3 syndications, what % of the raise was from you personally?

4. Did you take on a guarantor to secure financing? What was their fee?

4. Did you jump into a 506(c) on your first syndication or did you take on "sophisticated" investors and do a 506(b) exemption?

Very serious about moving into my own syndications and have really found a lot of value in all the posts about syndications here so far. Thanks in advance!