Ginny BollingGinny Bolling-Clone: Invest together to accomplish more. Hands-off investing with tax benefits!

It's the jacket…their expertise…Jeff Greenberg!

Name: It's the jacket…their expertise…Jeff Greenberg!
Uploaded: 2023-03-14T19:14:53+00:00
Duration: 47 s
Channel: Ginny Bolling
Description: Jeff Greenberg advises that the primary factor when evaluating a deal is the deal sponsor — the 'jockey' running the deal. He stresses knowing the…

14 Mar 2023 · 1 min

Watch on YouTube

0:47

Jeff Greenberg advises that the primary factor when evaluating a deal is the deal sponsor — the 'jockey' running the deal. He stresses knowing the sponsor's business background, how long they've operated together, their experience in the local market, and the asset manager's operational experience. Only after comfort with management does he examine the financials.

Chapters

Number one is the deal sponsor. Before I start looking very deep into any of the numbers, it's the deal sponsor to me. To me, it's the jockey. It's the jockey, the one that's running the deal. I want to know about their business. I want to know how long they've been doing business together, you know, how long they've been in that location or, you know, the area that they're buying in. Their expertise, the asset manager, the person that's between ownership and property management, is one of the key people, and I want to know what their experience is as far as running a business. So that comes first. Once I'm comfortable with the management, then I could be a little bit more comfortable when I start looking at the numbers.