How do syndicators make real money?
How can a syndicator make real money on a 70/30 split? I’m doing the math and it seems to a lot of risk for not that much reward. I understand there are Acquistions fees, but if all the LP’s get their money before the GP say at a 6% preferred return, I’d the property produces a 8 % return, there doesn’t seem to be much for the GP.
I’m a newbie to syndication but not a newbie to investing.
Can someone please let me know their thoughts?
I really appreciate it!!!
Sincerely Robert