@Boss_Emotions This is democracy. Believe it or not, most people don't like to put in any sort of extra effort than what is required to simply exist and go with the flow. Remember such country voted in Trump lol
In 2020 we were given an opportunity to invest in a great hotel project on Disney property.
It was a tough fundraising environment, but this very reputable GP was oversubscribed. The good ones usually are, regardless of market conditions.
Performance now that project has been delivered:
Investors will receive 11% - 13% cash returns (paid quarterly) and will hold for 20+ years (unless an opportunistic sale emerges).
In 2023, investors also received $25k of depreciation for every $100k invested.
Identifying strong GPs in a sea of mediocrity is tough.
We havenโt always picked winners, but we continue to get better at recognizing them.
Youโre a CEO with a terrible balance sheet, declining sales, and a stock thatโs fallen 40% over the last 2 quarters. Maybe donโt wear your Gucci belt to a meeting with investors?
@guruintraining_ I feel like 8% growth for real estate is high, even if we have seen that since covid, I believe that's not the norm. Isn't the average growth rate of real estate 4%-5%?
Three things that I am trying to stick to this year that will improve my efficiency and client relationships 10x.
1. If a task on my to do list takes less than 5 minutes, do it now. Especially emails.
2. No meetings before lunch.
3. Do my most daunting tasks first, and early