How to Spot Sponsor Red Flags
Details
When investing, the deal sponsor can make or break your deal. It doesn’t matter if the deal is great, if the sponsor isn’t, you’ve got a problem. That is why it is so important to properly vet them before going into business together. Knowing what questions to ask and the level of expertise they need to have are critical. No one wants to invest their hard-earned money into a sponsor’s practice run. They need to demonstrate to you that they have full-cycle experience and a reputation for proven results. Join Gary Lipsky as he shares with you the criteria for a good sponsor and how to determine if that sponsor has the experience needed for your venture.
What You Will Learn in This Class:
- What questions should you ask the sponsor to evaluate their track record?
- Why is market expertise important?
- What experience should the sponsor have?
- And much more!
Gary Lipsky is a real estate entrepreneur focused on Multifamily Syndications and has acquired 3000+ units with a total value of $250MM. He won the Best Real Estate Syndication Company by AAOA in 2022 and was recognized as the 25th fastest growing Real Estate company by Inc Magazine.
Gary is the host of the Real Estate Investor Podcast. where he interviews experts to educate investors. He is also the best-selling author of Best In Class and has spoken at countless conferences.
Gary has built several companies, co-produced 3 independent films and started a non-profit organization for underprivileged children. His vast experience serves as a great foundation for his multifamily business.
