LP Digest #77
Best waterfall, value add plans, back of the napkin acquisitions & more
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What’s the best GP/LP waterfall is an impossible question to answer because every structure comes with edge cases as downsides - the original post and this response is one example that I’d recommend LPs to understand.
This is subtle and somewhat of a joke, but the underlying premise is important - “value-add” isn’t created equal and it’s on the LP to figure out the catalyst to value generation on any property
Pretty interesting from the perspective of homelessness; some big implications to mental health-adjacent real estate investment strategies also
An interesting perspective that has some truth to it - I’ve met my fair share of the folks the original poster is describing. There’s truth to both sides - on the one hand deal analysis & competition has gotten more complex, on the other hand the greatest operators are able to simplify their investment decisions to a few variables
A little shameless self promotion never hurt anyone :) I was asked to share a bit about my journey to date, and boy has it been a journey
When you’re ready, I could help you in 2 ways - my email is aleksey@gplpmatch.com:
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