In this podcast, you’ll learn:
- Why you should vet your sponsor
- Sponsorship teams need to have clearly delineated goals
- 7 to 8 sponsors is not right, 2 to 3 is the ideal number
- Sponsorship team members need to have complementary goals
- What is reverse cap rate?
- Always ask yourself if you know, like and trust your sponsorship team
- Red flags of reversion cap rate
- Closely examine the track record and experience of the sponsorship team
- It is better to under promise and over-deliver
- What is an acquisition fee?
Sponsor: Please visit Apartment Investing Show subscribe and hit the golden bell icon! Apartment Investing Show
*And please go to iTunes to leave us a rating and write a review. Each review helps us reach a larger audience with your episode (Creative Real Estate Podcast)