All Forum Posts by: Arturo Borges

Let's say you built a boutique building on a great market. How do you sell those units you being a new construction company? Do you establish relationships with realtors? or you do that with brokers? and how do you approach them or what's the selling point?

How do you find great architects and civil engineers for a big construction project? Could you hire them just for that project, or add them to the team, how does that work?

How do developers of apartment buildings/towers analyze a potential project? Market, Type of building, etc?

Do you purchase or rent construction equipment for a new construction company? Also, what are the key startup costs that you will encounter upfront?

How do you structure a construction company seeking to focus on apartment buildings and hotels? Do you hire employees upfront? If you have the business and finance knowledge and expertise, what are key roles that will complement you?

When starting a real estate development company, should you hire the head architect and civil engineer, etc or should you hire them per project as contractors? What are the start-up costs for a big developer, building apartment buildings?

Great Annie, one last question and sorry to bother you!

That upfront acquisition and asset management fee (the two upfront fees), are based on the limited partner's capital, or on the entire purchase price of the deal? For example a 10MM deal, it would be a 1% acquisition fee, and 2% asset management fee, for a total of $300K upfront fee? And who pays that? meaning, do you add that up when underwriting the deal? as if the total acquisition cost instead of 10MM is 10.3MM?

Thanks a lot Annie! @Annie Dickerson

So basically you'd get a 1-5% when purchasing the property upfront, and after 4-5 years, depending on the strategy, another 1-3%, plus the 30% if it's any equity left right?

Hey!

I wanted to hear some opinions about flipping short sales, how long could it take (on average and being conservative), and what are the legal steps when trying to invest in one?

Hello BP Community,

I just wanted to gather some opinions on apartment buildings and syndications deals. What exactly is the upside on this deals as a GP? When do you as a General Partner make money? Do you actually make a monthly income out of these deals? Or is the real upside when you sell the property and distributions are made?

Looking forward to hearing from you guys!