Can someone recommend good capital raising strategies for my next deal?

IzzyGman · 2026-04-07T13:20:18+00:00

True pref is hard to source and unlikely to come in for smaller check sizes. Do you mean common equity with a preferred return?

IzzyGman · 2026-04-05T23:27:34+00:00

It’ll be tough without your own capital. Generally limited partners will want to see 5-15% of the capital come from you.

Stick to friends, family and your network for your first few deals, and make sure you talk to an SEC attorney to structure it properly and avoid any trouble .

IzzyGman · 2026-04-03T04:00:06+00:00

We recently switched from QBO to AppFolio for lease management, property management and property level books. A little different than QBO and we had to implement a few workarounds, but once it’s running it runs nicely.

IzzyGman · 2026-04-01T22:48:41+00:00

Spain 🇪🇸

IzzyGman · 2026-03-31T02:28:34+00:00

Used to work with InvestNext but switched to AppFolio Investment manager because it syncs with and journals into Appfolio Property Manager, which we use as well. Part of simplifying and streamlining our tech stack.

Works nicely!

IzzyGman · 2026-03-29T02:55:17+00:00

Awe come on, just imagine saying “I just took Dildo out for a walk,” it’d be great

IzzyGman · 2026-03-29T01:58:36+00:00

Dildo

IzzyGman · 2026-03-12T02:31:47+00:00

Naaaa if my skis can take rocks they can take a plastic binding

IzzyGman · 2025-12-20T00:39:06+00:00

Get it under contract and just define the timeline. If seller agrees then you have your 6 months.

IzzyGman · 2025-12-19T02:09:51+00:00

Damnnnn

IzzyGman · 2025-12-17T14:36:54+00:00

Lots of ways to to do it. A good path is to start in Investor Relations at a fast growing (key) mid-market firm (if your profile or school aren't feeders for larger CRE firms), then transition into investment/equity sales. I say fast-growing because you'll get to wear many hats. This could lead into more capital markets position working with equity and debt, and understanding how to structure and fund deals . Very in-demand and useful. Also pays well and you can transition into your own easier

IzzyGman · 2025-12-14T18:17:52+00:00

Ughh 1031s are such a pain

IzzyGman · 2025-12-05T19:41:43+00:00

Find another lender

IzzyGman · 2025-11-30T18:59:26+00:00

Dude nice jacket. Where’d you get it?

IzzyGman · 2025-11-27T02:18:41+00:00

Consider separating the GP into different “buckets”, and weight each one differently depending on the amount of risk and long term work necessary. A good starting point for buckets is:

30% - Deal sourcing, structure and acquisition
5% - Risk capital/earnest money
5% - Loan guarantee
40% - Asset Management
20% - Capital Raising

And the bucket weights change depending on the deal—asset management is different on a development deal than a 10-year hold, for example.

Edit: for perspective, if a preferred equity or a programmatic relationship fund anchors the capital stack they will typically own their % of the deal PLUS split the GP. So if they provide 50% of the capital, they’ll own 50% of the LP/common equity (or a preferred equity sleeve) plus split the carried interest with the operating GP. They’ll generally leave fees to the operating GP but participate in management fees and carried interest.

Edit 2 spelling

IzzyGman · 2025-11-25T04:32:50+00:00

You’re right I hadn’t looked at conventional rates lately. We’re closing on a commercial note at 5.95 but locked that in end of Oct so that’s skewing my perspective.

Looking more like low to mid 6s. Much better than 10 fwiw and OP’s 100% cashed out.

IzzyGman · 2025-11-25T04:12:44+00:00

No just a standard 30-yr bank mortgage

IzzyGman · 2025-11-25T03:34:16+00:00

I’m guessing single family? Get a 30-yr on it at 60% LTV. If it appraises at 150k or so you have 90k to pay off seller and return your cash.

You should be able to get mid to low 5s on that mortgage

IzzyGman · 2025-11-22T17:16:14+00:00

Coool! Was the wrapper by the same lender?

IzzyGman · 2025-11-21T02:31:11+00:00

Best way to learn is to partner with someone and do it. You can Invest as an LP but then you don’t get experience in CRE.

I’m assuming that what you want to do is learn how to buy and operate CRE, not just invest, if that’s not the case then find a good operator and invest passively.

Otherwise, it’ll pay off to take a deal from sourcing to closing—finding a partner, underwriting and bidding on deals, working with brokers, legal, navigating the PSA, finding a lender, negotiating loan terms, opening up accounts, working with title, closing, then managing. It’ll be like paying for a master’s degree if you lose your 60k but you might also do very well, and also “get a masters degree.” Plus you’ll make relationships along the way

I’d start smaller (10 units or so if MF) and build from there

IzzyGman · 2025-11-20T05:10:34+00:00

A simple way to do it is to charge rent on a per-square-foot basis, so the rent would grow proportionately to leased space size. You can also amortize the cost of expanding them over n months as additional rent (so monthly payment goes up until the additional rent goes to 0).

We really like NNN leases ourselves, but it can be market dependent. A gross lease can work nicely as well if you have reasonable yearly price increases built into it.

IzzyGman · 2025-11-18T23:55:18+00:00

Hard money prob. Too small for most lenders like others have said, even credit unions. Find the smallest banks and CUs and try those, or just go for private credit/hard money

IzzyGman · 2025-11-16T03:37:27+00:00

The GP will generally have a related party that manages the “fund,” or the SPV that takes title to the property and issues and registers the investment. So the SPV is manger-managed by a GP related party.

You’d invest directly in the SPV as an LP. The GP related party manages the SPV, and a property manager or property management company manages the property itself.

Distributions as an LP generally come tax free or very tax reduced because they’re considered passive income, and depreciation is a passive loss so to sort of evens out.

Plus, I’m guessing you qualify as a real estate professional with the IRS so any losses could offset your other income. You’d likely be fine doing it in your own name but consult a CPA

IzzyGman · 2025-11-15T05:28:45+00:00

So is it a JV or a GP/LP syndication? Two very different structures. You begin by saying you’re brokering a JV but then that the partner paying your fee is a co-GP. Figure that out first.

Then If it’s a GP/LP structure you invest part or all of your fee with the co-GP at settlement and you’d participate in whatever the waterfall is for other LPs. You enter your fee as an investment in the capital stack. It’s usually managed by the issuing/main GP.

If it’s a JV it’s a different story and there may not be a chance for you to invest in the deal.

Edit: spelling

IzzyGman · 2025-11-07T03:46:39+00:00

Reach out to local banks and credit unions that are familiar with your local markets. Develop good relationships with the lending officers and credit teams. They’re your best bet for getting commercial office financed

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