Raising capital and investor relations is the discipline of attracting investment from others, high-net-worth individuals, family offices, institutions, to fund real estate deals and funds, and then managing those investor relationships over time.
Log in to followWriting this up because the failure was in the sequence, not the idea, and the sequence is the part people can copy. Plan was a 2m fund to buy small flex and shop buildings, 4,000…
Five years ago I started a service business and now there are eleven of us. We rent our shop and the landlord finally named a price to sell, 950k for the building and the yard. Ba…
Working on tying up four contiguous parcels at the edge of a growing small city, 31 acres total across the four, currently zoned agricultural with the comprehensive plan showing r…
22 units, bought at 2.4M, raised 1.35M of LP equity across six people. Seven year hold in the deck, we're 34 months in. Distributions have run 5.5% annualized on contributed capit…
Small market deal, 11 units, all in around 640k with the lender covering the rest, so the equity need is roughly 260k. I have interest from enough people to fill it either way, wh…
31 unit garden style, bought three years ago, 8 percent preferred return paid quarterly. Renewal came back 41 percent higher on premium, and between that and two extended vacancie…
Sponsor's minimum for a side letter was 250k. Individually the four of us were 60k, 75k, 90k, and 85k. Nobody was getting anything but the standard subscription docs and a PDF twi…
I've done four deals with outside money now and the fourth one is the only reason I'm posting, because it took one email. Deal one, two years ago: 145k of equity from three people…
Four people are in a 31 acre hold I put together, 620k total, 380k of it theirs. It's raw ground on the edge of a growth path, we pay taxes and mow it and that's the whole busines…
I've been running numbers and looking at deals for a couple of years without pulling the trigger, and people around me have picked up on it. Two former coworkers, an uncle, and a…
I have calls booked with two sponsors next week and I've been told by everyone that the first call is mostly them talking. So I want one question I ask early that actually changes…
I put 60k into a residential note fund last spring. Fund I was 3.8m from 22 investors and the manager told me it took him about thirteen months to fill. The reporting when I got i…
Been circling strategies for about a year and keep landing in the same place. I'm not good with a hammer, I don't have 200k sitting around, and the thing I'm actually good at is t…
I got onto two sponsor lists in the same week and they handled me in completely opposite ways. The first sent a scheduling link within a day and wanted 30 minutes on the phone bef…
I'm in for 60k on a small multi tenant strip, four suites, bought at the end of a slow market. Quarterly updates arrived on time every quarter and read fine. Then on the month 14…
Numbers first so nobody has to ask. 14 unit brick walk-up, pre-1940, second tier midwest market, bought for 1.02m with a 700k bridge and 1.35m of LP equity from nine investors. Re…
Same week, two conversations, two completely different doors. The first sponsor said their offering only takes investors they already have a relationship with, so they'd put me on…
20m target fund, hard cap 25m. An anchor is offering 5m at first close and their side letter asks for management fee at 1.25 rather than 1.5, no change to the promote, quarterly p…
I've done trade work for fifteen years and I'm buying a house to renovate and resell for the first time. Purchase 182k, renovation I've scoped at 58k doing most of the work myself…
Reading a subscription package for a 100k check and there are two things I can't line up. The fee schedule has a 1 percent placement fee. Then the operating agreement issues Class…