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22 October 2020 | 8 replies
Personally I want to see a sponsor that has gone through at least one full real estate cycle with little to no money lost, uses conservative leverage and projections, put significant skin in the game and has competitive/reasonable fees and splits.The thing is that the majority of these really experienced sponsors have built up very enthusiastic investor bases over time, so they are generally not going to crowdfunding sites (where they would have to pay an extra fee) or spending time on forums.
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19 October 2020 | 1 reply
Lenders also want to see a down payment/skin in the game.
20 October 2020 | 21 replies
You need to have some skin in the game in my opinion.
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14 October 2020 | 0 replies
Arsenic is not absorbed through the skin and does not evaporate into the air."
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21 October 2020 | 27 replies
There is more than one way to skin a cat.6.
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22 October 2020 | 5 replies
Maybe to get his skin in the game, give a big bonus if it is finished by a certain date and another bonus if it sells by another date at or above some price.He can not manage money and time.
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27 October 2020 | 8 replies
Be willing to split the profit very favorably toward the partner until you've proven yourself and built some capital to put some of your own skin in the game.For a presentation you would also want to provide information on what teams you have access to--do you have an agent with expertise in local neighborhood pockets, one who will sell for 1%, do you have crews, someone bringing you wholesales, etc?
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20 October 2020 | 4 replies
I want (hopefully) long-term tenants with their own skin in the game.
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21 October 2020 | 23 replies
The numbers may not be the same but that's the general idea.The other idea I had was having the monthly fee be lower in terms of % of rent, but then giving them a slice of the cashflow of the place... this way it's almost like they are a partner in the business and have lots of skin in the gameThanks!
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21 October 2020 | 6 replies
He went on to say that tenant B was suffering from mental health issues exacerbated by the COVID shutdowns.