All Forum Posts by: Andrew Hogan

Great points above. 

Solid operators should have an acquisitions team that is disciplined enough to throw away 200+ potential deals in to the garbage bin before they pull the trigger on a GREAT deal that is worthy enough to present to LPs. 

Less likely to get "lucky" in 2023.

Disposable income decreases significantly during market downturns so choose wisely.

Now more than ever, investors should be looking for necessities, not nice to haves.

@David Lund Primary financial goal is to sell my STR and invest all the proceeds into BAM's next Fund!

Such a great acquisition! Honored to part of such a high-quality team :)

@Puett Willcox Syndications let you spread that across hundreds or even 1,000+ doors with an experienced team!

All the best

@Owen J Titus with the right or the left foot.

Doesn't really matter which one as long as it's a step in the right direction :)

Hi @R Durney, there are a lot of other threads that go over this. Keep in mind that you are underwriting the sponsor / team / track record first, and specific deals second. (or search for a good Jockey before you look at horses)

Many groups are just capital aggregators (not saying they are all bad), but many investors prefer groups that are vertically integrated and have in-house management in order to maintain control over their own deals.

Happy hunting!

 I like that. Just might be tricky paying out "additional compensations" in one-year arrears. (long time until they see the first meaningful bonus). 

Hey bud, I'd recommend searching on LinkedIn for some small fish in a really big pond at some of the larger companies. 

Someone who's had lots of reps already but are hungry and eager to make something grow. 

That's where BAM scored several early employees that have been crucial to the team's success and are now an integral part of the executive team.

Specifically for compensation, as you know it's pretty common for underwriters to end up getting a piece of the acquisition fee if the deal comes to fruition. You just need to have someone else on defense to ensure they aren't stretching numbers to get a commission :)

Good luck!

How hands on do you want to be @Karen Brito?

Partnering with someone else that has learned their lessons already can pay-off big time in the long run.

Good luck!