In this episode of Academy Presents Real Estate Investing Rocks, Angel sits down with Melanie McDaniel to take a closer look at what it takes to structure, launch, and manage a real estate fund. Melanie shares practical lessons from her own experience, including how fund managers can create value, structure fees and promotes, raise capital, find the right investors, and build a strong team.

The conversation also explores the realities of running a fund as a side business, the importance of choosing the right partners and advisors, and why understanding your value is essential when working with other people's money.

Topics Covered

1. How fund managers can make money through fees, equity, and promote
2. Understanding fund structure, carry, splits, and waterfalls
3. How to determine the value y ...