All Forum Posts by: Scott Scharl

@Jay Hinrichs

So, if somebody came across a life issue where they needed cash, their only option in most cases would be to sell back their shares to the partnership at a loss?

What are the options for LP’s in syndication deals who need liquidity before the investment’s time horizon is reached? Could a secondary market for commercial RE private placement shares ever exist? Why or why not?

Syndicators and passive investors—

Other than deal flow, what is the #1 problem in your business that you would pay someone well to solve?

I’m cleaning up my feed, and would love to know:

Whose opinions do you value?

What do you like about their perspective?

Thanks!

I am considering a career change into the financial and retirement planning profession for my day job. From what I understand so far, I think that being a CFP who understands and recommends real estate would be a good way to differentiate. 

Do you agree?

I'd love to hear from any Certified Financial Planners or financial advisers here on BP.

Thanks!

@Dustin Lauer I appreciate your thoughts, too.  

@Kerry Boyle thanks for your thoughts. The HML I know here are smaller and keep their notes themselves. I have always wanted to learn more about what the secondary market for HM notes is like.

How do I go about building relationships with the funds you mention who purchase notes?

Thanks @Chris Seveney. We will definitely be keeping everything compliant with the proper fund structure. 

What types of investing do you do with your fund?

I'm working on a new business venture for 2019 and a doing some market research.

What % return would get you excited to invest in a pool of hard money loans on single family homes?

What other metrics are most important to you when evaluating passive investment opportunities?

That's helpful analysis-- thank you @J Scott and @Jay Hinrichs. I agree. It seems that rates will have to increase in the next few years. 

I ask because I am working with some partners to establish a hard money fund. We are going to raise the capital from family and friends to start and form a Limited Partnership.

We are targeting an average of 12% interest and 2 points. Points will be split: 1 point to the General Partners and 1 to the fund (Limited Partners). General Partners take 20% cut of the fund's interest income.

Under these numbers, we plan to pay our fund investors 10% (annualized) distributions, quarterly.

What do you think of the all-equity raise route vs. borrowing our capital from a bank or institution?