I think the answer is twofold. First, he needs help further building the RE development company and there are some specific capabilities I can bring to help streamline the company. This will hopefully result in a larger and more sustainable RE business which will kick off consistent salaries/development fees. Second, if I invest in the development company, I will be able to earn some equity in deals on the GP side of the equation via “sweat equity” so to speak.
Its a fair question though…I have asked myself the same.
I think the answer is twofold. First, he needs help further building the RE development company and there are some specific capabilities I can bring to help streamline the company. This will hopefully result in a larger and more sustainable RE business which will kick off consistent salaries/development fees. Second, if I invest in the development company, I will be able to earn some equity in deals on the GP side of the equation via “sweat equity” so to speak.
Its a fair question though…I have asked myself the same.