I think a lot of new LPs look at fees a bit too much where at the end of the day its LP returns in your pocket.

@Jay Hinrichs Gave me a good suggestion to ask the BP community if anyone has partnered with Y Street Capital Victor Menasce before as a Limited funding Partner.  I'm currently looking at a Multi Family deal with Vict...

LP/GP equity construction loan How did you add value to the deal?

I personally don’t see LP syndication investors as Real Estate investors.  

They 30 year track record firm  may now be using social media to pitch their deals right alongside and perhaps even pursue the same transactions as the new age syndicators but the two groups are likely pursuing entirely different LP investors.

It also sounds like they are not the ones actually doing the work, they are more a fund of funds model investing which there is nothing wrong with - just need to do an added layer of DD

Hey Jessie --what other passive RE models are you referring to?

I am an LP in two of his recent deals.

As I stated before, there are good operators and bad actors in all areas of real estate. one of the reasons Jim is so against this is the LO model was ABUSED horribly in the Rust belt.

Below is the monthly average number of preforeclosure leads based on number of filed NOD, NOTS, LP occuring per month (from 10yr of data from recorders documents).