4 September 2024 | 7 replies
I know that is tangential to your post, but there are pros and cons to just about all of these questions, and each sponsor will spin their answer to why it is better.I.e. track record: "we have an 7 yr track record, having sold 26 deals and averaging 28% net IRR to our LPs" vs "we have been in business 24 yrs averaging an 18% net IRR to our LPs, including 4 deals that lost money".
1 October 2024 | 21 replies
I was also told of SS&G for GPs & LPs outside of the USA
20 May 2022 | 130 replies
Counterintuitively, quantitative easing has not been very successful at stimulating inflation.
18 December 2019 | 30 replies
In a 3-7 yr partnership, you can indicatively have an option to buy out LPs at 10% premium on capital at year 3, refi to return capital around 5ish and exit on sale past that.
3 September 2024 | 7 replies
Even in areas without significant disaster risk, we're still seeing insurance costs rise due to broader industry pressures.The Long-Term ViewFor those of us deeply involved in multifamily syndications, it’s crucial to educate LPs and partners about these changes.
16 February 2016 | 13 replies
Let me know if you have questions, I've done a little bit of everything - rentals, flips, now in development - and I've really enjoyed sharing ideas with members on BP to stimulate my thinking.
28 September 2024 | 14 replies
Why do syndication sponsors go to all the trouble of working with LPs to incrementally raise funds?
30 August 2019 | 14 replies
It certainly can't hurt, but the Operator has spent a lot of money and resources in making sure this PPM is right for everyone involved, and the Operator doing the work and bearing the costs is part of the beauty of investing as an LP.Some LPs have counsel on retainer, in which case having them review is a no brainer.
24 November 2021 | 122 replies
It was definitely a great experience but I also had investments in mind and brokering deals wasn't very mentally stimulating to me.
24 April 2018 | 240 replies
My posts are meant to give an explanation of my path and to give others options that may not have been in their original paradigm or way of thinking.It has stimulated a lot of debate and I truly believe a few have come to my dark side.