Starting a fund is not for everybody. It is a different environment from other financial protocols and it requires a high level of specific knowledge that many have not been exposed to. Here to help us better grasp the world of funds is the Founder, CEO, and Chairman of Fairway America and Verivest, Matthew Burk. After establishing what his two companies do and what his role entails, Matt explains why more people are choosing to start funds and what you need to know when thinking about starting a fund of your own. Our guest also explores the common mistakes that new fund-runners make, the fees involved in starting and maintaining a fund, and what tax looks like in funds, as well as what due diligence encompasses. We end with more vital considerations for starting a fund, including the importance of understanding control rights, so make sure not to miss today's episode of the Real Estate Asset Management Podcast!
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