All Forum Posts by: Robert Squires

Anyone know of a great property management company in the Hartford CT area? To manage around 150 units? Thank you!

Robert 

Thank you! This has been very beneficial. If we don’t sell at the end, what kind of cash on cash return is market? I’m looking at something that’s a 10% yearly return to investors. And it feels really tight :/

Chris I really appreciate you taking the time to respond to me. Have you ever done deals that are a 50-50 split after a hurdle? Have you ever done deals with a buyout option for the LPs? A 200% return or such? I’ve heard of these things and trying to understand the market.

thanks again 

Thank you so much! Is there a way to properly and effectively syndicate without a sale at the end? I would prefer a refi but the dollars may not cover enough to pay back the LP’s. Thoughts? 

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 

Hello new friends! I have been looking in the CT market for a bit and curious if anyone has apartment deal experience and or management experience in and around Hartford CT. I know the New Jersey market well but I am new to Connecticut. Looking at some larger deals (90 units + ) deals but have some concerns I’m trying to work through.

Also 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. Can someone please let me know their thoughts?

thank you!

Robert