ACPARE – Funds vs. Joint Venture Structures Mastery

How To Become A Savvy, Highly Sought-After Certified Commercial
Real Estate Capital Formation Expert…

…And Command the Highest Fees in Your Industry
Imagine… In Just a Few Days From Now, You’ll Have a
Step By Step Formula and System To…

BECOME THE ‘GO-TO’ AUTHORITY IN YOUR MARKET IN
ASSEMBLING AND FUNDING MASSIVELY PROFITABLE COMMERCIAL REAL ESTATE DEALS
Due to the near-meltdown of the financial markets in 2008 and 2009, high net worth individuals and institutional fund and family office managers are more cynical… and wary… than ever before as to where to place their enormous amounts of investment funds.

ACPARE – Funds vs. Joint Venture Structures Mastery

Specifically, in this Mastery Class, you’ll learn:

• When exactly to use a fund structure vs. when to use a joint venture structure (hint: novices will shoot themselves in the foot immediately out of the starting gate with this one…)
• The 6 Major Differences between funds and JVs… and how they are structured.
• Understanding the capital structure (that your investors will expect you to know… and most SEC attorneys don’t know!)
• What terms of the deal you need to negotiate – so you come out ahead every single time.
• How will profits be shared (pari pasu or subordinated)? How is the ownership structured? Who has upside potential? Who has downside risk? The “hard questions” you better be able to answer!
  
• What the JV Equity Waterfall is and how it’s structured. Easily!
• How to command instant credibility in your negotiations by understanding pay structures and when to use each.
• What the 3 Defining Metrics of a deal are and when to use them (prior to going in.)
• Different Types of Equity (not all equity is equal). Avoid this one type of equity at your own peril!
• Punitive Clauses for Operators and Sponsors (control shifts, claw backs, “bad boy” clauses, and other “carrots and sticks”)
• The 4 Profit Participation Structures and which one matters the most to which investor
• How to settle partnership disputes – amicably – that saves tens-of-thousands in legal fees and personal grief
• What the 5 Critical Investor Transaction Selection Criteria for guaranteed fund success and how these will help to structure the risk away from you and your investors and sponsors.
• Why you should avoid a “pledge fund” and 2 other types of structures that will cost thousands in legal fees and will give you – NOTHING.
• What it means to “call the capital” and how it’s done – and what to do if someone defaults…
• The 4 important parts of your fund’s business strategy your investors expect you to detail in your pitch book.
• Which of the 3 fund return metrics you must report on and when (before money is taken out or after?)
• The 4 Different Possible Fund Structures that are most commonly used and how they are structured.
• Understanding your fund’s economics: when you get paid, and how you get paid
• Promotes explained and the 6 Key Drivers For Your Fund’s Promotes and how they are EASILY calculated and how much you and your investors get.
• Knowing who the players in your fund and how all those “LPs” interact
• Fund legal structures you’ll need to know prior to papering the deal
• Where the institutional money is for the smaller balance fund manager (Yes, it exists!) and how to raise it effortlessly.
• How to structure a great partnership using these 4 criteria – and asking these 4 hard questions before getting married into any partnership

As an ACPARE Certified Capital Formation Specialist, you’ll be first, foremost, and front-and-center in the minds of your local and regional investors, lenders, and property owners when it comes to hiring you to structure deals, place capital, and create true value.

To become a Capital Formation Specialist, just choose your program and then follow 3 Simple Steps…

How Does It Work?

Step 1. Take the Course

The Funds vs. Joint Venture Structures Management Mastery course is 8 hours of video training lessons plus 6 handout downloads. You also get flowcharts and cheat sheets for quick, easy reference, plus 7 module-specific quizzes and a final exam.

Step 2. Pass the Test

At the end of each module, you’ll take a brief quiz to ensure you have an understanding of the content and basic concepts covered in the lesson. Once you’ve completed all the quizzes, you’ll then take an online final exam.Upon successful completion, you’ll earn your

Funds vs. Joint Venture Structures Management Mastery Certification!The exams are designed for your success. They’re not “tricky” (no SAT goofiness)…  yet they do test your knowledge and comprehension of the material. A passing grade is 80. You can take the exam 3 times. If you don’t pass after 3 attempts, simply go  back through the module prior to taking the  test again.

The exams are not timed. They consist of 60 multiple choice and true/false questions. Allow 45-60 minutes to complete the exam. If you can complete the exam is a single  sitting. Answers are saved if you need to  finish at a later date.

Step 3: Display Your Badge

Upon successful completion of the course and exams, you’ll receive a personalized certificate and badge.

Display your badge on your website, in your email signature, community portals, on your blog, and especially in your Linkedin profile and Twitter status.

AND…your digital certificate is full color, so print it up, frame it, and display  it proudly in your home and office.

Here’s What You Get

When you enroll today, you’ll get:

• The Real Estate Fund and Joint Venture Mastery Course
• 6 Core Lessons
• 35 Modules
• 12 Handouts
• 6 Blueprints
• 6 Review Quizzes
• Full Easy-To-Reference Manual

PLUS, upon successful completion of the course and all the quizzes and final exam you’ll receive: