Track record of RAJ GUPTA and ANNA SIMPSON

[Yan Yan]

Hi BPers,

I recently found an apartment syndication deal in DFW, specifically, in GRAND PRAIRIE. The GPs are RAJ GUPTA and ANNA SIMPSON. They've been invested in DFW for several years, and they each had two deals gone thru full cycle.

I am curious about their track record. Is there anybody invested/investing with them? How's actual performance compared to projection? Is their projection realistic or too rosy? How good is their business plan in terms of adding value? How good is there execution of the plan? How good they are as GP and asset manager?

If you are local and familiar with GRAND PRAIRIE market, please also share your thoughts. Thank you very much!  

[Alina Trigub]

@Yan Yan

Before investing in anyone's deals, make sure you understand how syndication business works, in general all pros and cons of it, the type of asset you're investing in, and the team itself. It's great you're asking BPers for feedback. In addition to that, spend some time on the phone or in person with a sponsor by asking them questions that are important to YOU personally and see if the strategy resonates with you. 

Here're a few resources for you: 

https://www.biggerpockets.com/member-blogs/10850/86626-the-pros-and-cons-of-investing-via-real-estate-syndication

https://www.biggerpockets.com/member-blogs/10850/76728-questions-to-ask-a-syndicator

Last but not least, join local meetups and talk to other folks investing in syndications.