How to Structure the GP Compensation for Apartment Syndications
Friday, August 24
The two main parties in an apartment syndication are the general partners (GPs) and limited partners (LPs). Essentially, the LPs fund the deal and the GPs manage the deal and each party is compensated accordingly – the most common compensation structure is an 8% preferred return to the LP and a 7...
5 Reasons to be Skeptical of a Real Estate Deal
Tuesday, August 21
Each week, we post a new question to the Best Ever Show Community on Facebook. The Best Ever Show Community is a place where real estate entrepreneurs of all stripes and sizes can come together to interact with each other, me, and the guests featured on my podcast with the purpose of everyone hel...
When to Raise Rents – It’s More Complicated Than You Thought
Thursday, August 16
You’ve acquired an apartment community at the right price and successfully executed your value-add business plan, renovating the interiors and upgrading the community amenities in order to achieve your projected rental premiums. Now, you just ride out the business plan until the sale, right…?Wron...
6 Red Flags That Disqualify a Real Estate Investment Market
Wednesday, August 15
Each week, we post a new question to the Best Ever Show Community on Facebook. The Best Ever Show Community is a place where real estate entrepreneurs of all stripes and sizes can come together to interact with each other, me, and the guests featured on my podcast with the purpose of everyone hel...
How to Approach Firing a Property Management Company
Friday, August 10
The property management company is one of the most – if not the most – important member on your core apartment syndication team. They are the boots-on-the-ground who oversee property operations on a daily basis and execute the business plan. Therefore, the success or failure of a deal is highly d...
7 Ways To Attract High-Quality Residents To Your Apartment Community
Thursday, August 09
One of the main factors that will make or break your apartment budget is the quality of resident you attract. A high-quality resident is someone who pays rent on time, treats the unit and apartment community as if it were their own home and is courteous to the neighbors. High-quality residents no...