Discussion
Sponsor's investor page: 14 acquisitions, 4 realized, average IRR 24% on the realized ones. All four of those were acquired between 2014 and 2017 and sold before 2020. The other t…
Discussion
A sponsor sent me a deck for a 180 unit deal in Huntsville and then asked me to confirm I'm accredited. My W2 income is nowhere near what I've seen quoted, but I own four small mu…
Discussion
I've got about 150k earmarked for private real estate over the next couple of years, and every LP deal I look at has a 50k minimum, a couple at 100k. So my first check is a third…
Discussion
Short-listing six deals for $300,000 total, $50,000 a position. Two of the LPAs say a limited partner who doesn't fund a call gets diluted at 1.5x the shortfall amount, and a thir…
Discussion
The deal I'm looking at is small, a rural manufactured housing community, minimum check 50k. The subscription docs came as a 94 page PPM, an operating agreement, and a subscriptio…
Discussion
I've been reading a subscription package for a multifamily deal and the distribution section says the LPs get an 8 percent preferred return, non-compounding and non-cumulative, th…
Discussion
Working through sizing and I keep landing somewhere unsatisfying. Say 400k to deploy over roughly three years, minimums of 50k, so call it eight positions. If I spread eight check…
Discussion
I'm on three sponsor email lists and all three found me through paid ads. Someone in another thread said the better deals never get advertised at all because of a rule about needi…
Discussion
I've been talking with a sponsor about his next acquisition and he mentioned that if I bring other investors in he'd pay me 2 percent of whatever they commit. I know a fair number…
Discussion
Reading the deck for a 180-unit deal and the fee page lists a 2% acquisition fee, a 1.5% annual asset management fee, a 1% disposition fee, and then the cash splits 70/30 after an…