b'offer a nominal interest rate (better than what banks pay) for funds that are not deployed. This may entice investors to leave their investment with your fund for a longer period of time without deploying it in a fund investment that will cause their returns to accrue. If you are going to offer this, the fund managershouldhavesufficientfundstocovertheinterest,oryouwill simply open an interest bearing account and pass the interest on to investors.Having too much capital is almost as bad as not having enough. I had a client who raised over $5M in the first week of a fund launch, but couldnt find deals fast enough and ended up giving the money back and liquidating the fund.Investors fear that you are going to use their funds to pursue deals that dont happen, or worse, that you will use their funds to support your lifestyle before the fund starts generating income. This is a real fear. You only need to read the SECs Weekly Digest Bulletin to see how many people actually steal investor fundsand eventually get caught.Plan a Launch for Your Fund Just like a best-selling book, a successful fund needs a launch plan. Fund documents dont raise money by themselves. You need to market your fund aggressively, by sharing your fund investment summary, one pager, and pitch deck, a month or so before you are ready to start raising capital. You send out emails to prospective investors in advance, telling them the fund is coming, and getting them excited to invest.Yourinitialfundraisewillbeeasierifyouhaveapropertyunder contract at the time you launch your fund. This will show investors they are 129'