In today’s episode, Nico calls out the overcomplicated waterfall structures and financial gymnastics too many operators use to confuse LPs—and breaks down exactly how he structures his multifamily deals instead.

You’ll hear: – Why Nico avoids IRR-based waterfalls and keeps things clean with a simple preferred return – How his investors get paid before he sees a dime – The exact split structure he uses (and why he never hides fees or plays games) – The real reason some syndicators overcomplicate things—and why Nico refuses to

Whether you're an LP looking for transparency or an aspiring GP learning how to structure deals the right way, this episode will hit home.

👉 If this resonates, share the episode and tag @NicoSalgado on IG, TikTok, or LinkedIn. Let’s build empires the right way—brick by brick, deal by deal.