Your Experience as an LP in Syndication?

[Luke Grieshop]

Hello fellow BPers!

I’m looking to learn from anyone who’s had experience as an LP in multifamily syndication. Ultimately I’d like to contribute as an LP locally (Phoenix, AZ), with the goal being to learn as much as possible from the GP about his/her process and ask questions along the way. I’d also prefer the ability to drive by the asset if needed, but am open to thoughts on this? Lastly, I also welcome any recommendations on GP’s to look into (506B, non-accredited)!

- What do you wish you knew before investing in your deal?

- Did it meet expectations?

- Any added benefits other than the returns?

- Was the asset local? If not, did that pose any challenges?

Any other information that you learned in the process…

Thank you all!