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68. Spotting Red Flags in Syndication Documents feat. Dugan Kelley

Invest Like a Billionaire

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How to Fire a Manager

Most lenders in the qualified non recourse base will have what we call a bad boy or a bad girl carve out your tea. You shouldn't want a bunch of voting rights, but you do want to be able to protect your investment. Don't think that you're going to easily pop out the operator sponsor without the lenders consent.

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