GP's receive upfront fees (acquisition fee), ongoing fees (asset management fee), and big equity upside on the sale (promote).

@Jeffrey Kingman, yeah, I would say increasing walkability access and ease overall promotes the area so long as the City and pedestrians keep the trails nice.

Hello All,I am a new member to the BiggerPockets community here and have been diving into any REI material I can get my hands on, wondering how I have been so naive not seeing all of the potential opportunity and diversity it offers! 

In Storey Lake, they have condos, towns and single family up to 9 bedrooms, so much more diverse and most units will be several years newer.

Most of us are just careful not to self-promote because it's against the forum rules.

I would assume he wouldn’t promote them if they weren’t good.

The rest of these fees seem fairly typical.The fees are also related to the promote (profit splits).  

It's a sprawling metro area, a very diverse city (real diversity -- people come to Houston from all over the world)  with countless urban and suburban areas. 

Buffalo, Pittsburgh, Grand Rapids, Chicago and Columbus), high rental demand, diverse industry, and RE prices moving upward.  

The state and metro GDP has had a strong positive trend over the last few years, the population has been growing steadily over the last 5+ years, it has a diverse job industry, crime rates have fallen, rent to value looks solid, great schools, etc.That being said, I'm looking to build a team!