Bruce “Apt-GuySM” Petersen Delivers Unvarnished, Authentic Real Estate Education
How much real estate would you buy if money was not a limiting factor? I’m guessing the answer is that there is no limit and you would buy all you could. If that’s not your answer then this article probably isn’t for you.
Bruce Petersen spent 18 years in the retail industry before amassing a real-estate portfolio with nearly 1,000 units. Here’s the investing strategy he’s using that’s ‘head and shoulders better’ than a traditional approach.
For those that are considering or may have even done a syndication or two you should be familiar with the Sponsor Promote, it’s one of the main reasons to take on the work and stress of doing your own deal.
Most Investors have heard of and may expect a preferred return in their investments. There are legitimate reasons for not offering one and may be in the investors interest to not have one.
I’m not sure if many people know that there are options in the way the Sponsor of a real estate syndication can structure how they pay the investors out when a property sells.
When you start syndicating, you may find yourself running around fighting every little fire that ignites. That’s understandable while you’re in startup mode, but it’s not a sustainable way to run things. To build a really solid syndication business, you’ll need to attain some scale. The way to do that is to learn to delegate.
If you’re considering syndication, you may wonder exactly how you’ll make money. What fees will you take? How much can you expect to earn?
Don’t take your eye off the operational ball just because you’re selling it will bite you at some point.
So the toughest part of property acquisition is “be available”. That’s it. That’s the biggest headache issue. Be available.
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