real estate syndication

“If it's 200 units or more, you're not, it's, this is not a mom and pop seller. They are, they're, you don't door knock those, ok? If they want to sell it, they're going to put it on the market, they're going to market it properly. Every investor that's at that…”

“In a normal deal, it's fees first to the general partners, then preferred return. And then you split the profits and the normal way to do that is 70% of the profits to The money people and 30% of the profits to the general partners.”

“Every deal is different. You can do it any way you want to do it, but there is a rule of thumb and that rule of thumb is that the general partners really must have 10% of their own money in it.”

“Splitting the upside fifty-fifty sounds crazy to an investor that's used to the usual deal, but when you take no fees, it very much washes out, but it depends on how good of a deal it is.”