ASK MIKE MONDAYS - What do limited partners need to get comfortable BEFORE they invest with you?
ASK MIKE MONDAYS - What do limited partners need to get comfortable BEFORE they invest with you?
Michael gives general partners tips on what limited partners need to make an investing decision.
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Michael gives general partners tips on what limited partners need to make an investing decision.
Michael gives general partners tips on what limited partners need to make an investing decision.
Real estate is easy; people can be hard. In apartment syndications, general partners need equity. That equity comes from limited partners. Not all limited partners are going to be easy to work with AFTER you close. Setting the correct investment expectations with the limited partners at the beginning of the transaction is very important. Michael also discusses how he has dealt with a challenging investor.
Real estate is easy; people can be hard. In apartment syndications, general partners need equity. That equity comes from limited partners. Not all limited partners are going to be easy to work with AFTER you close. Setting the correct investment expectations with the limited partners at the beginning of the transaction is very important. Michael also discusses how he has dealt with a challenging investor.
Obviously a T12 and rent roll will be needed to make a legitimate offer to purchase an apartment property. Also, Michael discusses some of the pitfalls looking for the OFF MARKET deals
Obviously a T12 and rent roll will be needed to make a legitimate offer to purchase an apartment property. Also, Michael discusses some of the pitfalls looking for the OFF MARKET deals
Mike initially focuses on high level national apartment market data and then general economy status and then shifts to local and regional apartment market information. He breaks his data sources into two different categories. Pay: CoStar.com, yardimatrix.com, alndata.com/market-reviews/, axiometrics.com, realpage.com/yieldstar/mpf-apartment-market-updates-trends-webcasts/ Free: bisnow.com, multifamilyexecutive.com/business-finance/business-trends/ nreionline.com, connect.media, francemediainc.c...
Mike initially focuses on high level national apartment market data and then general economy status and then shifts to local and regional apartment market information. He breaks his data sources into two different categories. Pay: CoStar.com, yardimatrix.com, alndata.com/market-reviews/, axiometrics.com, realpage.com/yieldstar/mpf-apartment-market-updates-trends-webcasts/ Free: bisnow.com, multifamilyexecutive.com/business-finance/business-trends/ nreionline.com, connect.media, francemediainc.c...
Your seller may require you to prove that you are a serious buyer by demanding a large amount of initial earnest money up front. This money could be at risk, IF you do not perform. The seller wants to assured that you wonโt re-trade them during the sales process. Michael explains some of the paths he uses to mitigate that possible risk.
Your seller may require you to prove that you are a serious buyer by demanding a large amount of initial earnest money up front. This money could be at risk, IF you do not perform. The seller wants to assured that you wonโt re-trade them during the sales process. Michael explains some of the paths he uses to mitigate that possible risk.
Finding the money and finding the deals are the most important concepts for deal sponsors. Michael offers you some critical solutions on how to build your team quickly.
Finding the money and finding the deals are the most important concepts for deal sponsors. Michael offers you some critical solutions on how to build your team quickly.
An asset manager oversees the property on behalf of the investors. They report any financial or physical changes (good or bad) to the general partner. They help in managing a solution. When you own a small property (10-30 units) you are the ASSET MANAGERโฆ. When you purchase a larger property or own more apartment communities, you may need to hire an asset manager. Remember, your job, as a general partner is to find more apartment purchase opportunities and find more equity. An asset manager wi...
An asset manager oversees the property on behalf of the investors. They report any financial or physical changes (good or bad) to the general partner. They help in managing a solution. When you own a small property (10-30 units) you are the ASSET MANAGERโฆ. When you purchase a larger property or own more apartment communities, you may need to hire an asset manager. Remember, your job, as a general partner is to find more apartment purchase opportunities and find more equity. An asset manager wi...
As you can imagine, with interest rates rising, many apartment investors have been pencils down. Investors are concerned with lower asset value & higher debt service. Is there any good news out there? What are some of the positive ideas that are occurring in apartment investing? Mike is starting to see some positive โgreen shoots.โ Mike discusses some of those encouraging thoughts on what he is seeing in apartment investing. Listen to the guy that has acquired over 14,000 apartment units. Ar...
As you can imagine, with interest rates rising, many apartment investors have been pencils down. Investors are concerned with lower asset value & higher debt service. Is there any good news out there? What are some of the positive ideas that are occurring in apartment investing? Mike is starting to see some positive โgreen shoots.โ Mike discusses some of those encouraging thoughts on what he is seeing in apartment investing. Listen to the guy that has acquired over 14,000 apartment units. Ar...
Mike gives us an update on what to expect when you are raising capital to fund a transaction. First- it was higher interest rates, Second- it was the seller and the buyer not knowing the current value of property because cap rates have expanded, And Now, its raising equity to fund a deal. Are there LPโs wanting to invest? Michael chats about how a typical capital raise is going today. Listen to the guy that has acquired over 14,000 apartment units.โจAre you interested in learning more about h...
Mike gives us an update on what to expect when you are raising capital to fund a transaction. First- it was higher interest rates, Second- it was the seller and the buyer not knowing the current value of property because cap rates have expanded, And Now, its raising equity to fund a deal. Are there LPโs wanting to invest? Michael chats about how a typical capital raise is going today. Listen to the guy that has acquired over 14,000 apartment units.โจAre you interested in learning more about h...
What Do You Need to Get a Job?
People looking for a job will often find themselves in the position of feeling out of control. They may not know where to start or what information is required, so this article provides a detailed summary of the information needed to apply for a job.
The post What Do You Need to Get a Job? appeared first on ConstructionPlacements.
What Do You Need to Get a Job?
People looking for a job will often find themselves in the position of feeling out of control. They may not know where to start or what information is required, so this article provides a detailed summary of the information needed to apply for a job.
The post What Do You Need to Get a Job? appeared first on ConstructionPlacements.