Episode #137: Matthew Burk – Starting A Fund

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!Key Points From This Episode:Matt’s professional background, his two companies, and his current role. Why more people are choosing to start funds in recent times. What you need to know before starting a fund. Common mistakes people make when looking to start a fund. A look at some of the fees involved in starting and maintaining a fund. All things tax and audited financial outcomes. Exploring due diligence: what it means and how to go about it!Why it’s important to understand control rights, and other vital considerations.Links Mentioned in Today’s Episode:Matthew Burk on LinkedInMatthew Burk on TwitterMatthew Burk Fairway EmailMatthew Burk Verivest Email Fairway America VerivestAsset Management Mastery Facebook GroupBreak of Day CapitalBreak of Day Capital InstagramBreak of Day Capital YouTubeGary Lipsky on LinkedIn