The Multifamily Mindset
I listened to this podcast. Are these guys being investigated? Are any going to prison? I see a ton of these guys on linkedin pitching that they are gurus after they have been working for a couple of weeks.
I listened to this podcast. Are these guys being investigated? Are any going to prison? I see a ton of these guys on linkedin pitching that they are gurus after they have been working for a couple of weeks.
Trending Content - Real Estate Forum
| +24 | Hotel Recruiters | 14 | 1d |
| +15 | Rate Hikes | 5 | 1h |
| +15 | Senior Living Modeling Help | 5 | 10h |
| +12 | Leaving Self-employment for Commercial Real Estate Brokerage | 2 | 3d |
| +9 | REPE Analyst Firm Advice | 1 | 18h |
| +7 | KeyBank RE Underwriting | 6 | 3d |
| +3 | What are the best undergrad schools for placing in real estate finance? | 7 | 1h |
| +3 | LIHTC Syndicator Comp | 0 | 2h |
| +3 | BGO REPE LDN | 1 | 11h |
| +3 | Overtime approval | 5 | 1d |
Career Resources
Just watched the full interview - there should have been a SEC intervention in this space years ago.
I always figured there was a centralized network at play in this newer syndication space, but this really makes that world seem even smaller than anything I imagined. It's pretty much an MLM scheme when you think about it - it's "sponsors" putting on paid workshops for aspiring "syndicators" where they tell them that they need to participate in a deal as an LP to gain experience. Those "students" then branch out and raise funds from their friends and family, dump them into these "sponsored" deals, but then these RE gurus literally never seemed to really touch the deal again.
Part of me wants to think that the RE gurus were really just that stupid, thinking a 3rd party management company, left to their own devices, would execute their business plan and take over their fiduciary role. On the other hand, they are 100% scum bag opportunists that are just trying to capitalize and take advantage of a seemingly vulnerable population.
Consequuntur hic perspiciatis optio non et. Velit voluptatibus maiores et modi. Sint dolorem ea voluptatem qui omnis distinctio numquam. Eum neque debitis sint possimus maiores. Asperiores unde ut quasi et tenetur ipsam maiores accusantium.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...