b'Chapter 3210 Things to Ask Before Investing in a Syndicate or Fund If you have a self-directed IRA or substantial investment funds, you may have considered investing in real estate. You may lack the funds to invest on your own or the desire to deal with the hassles of property management. A viable option for you may be to invest in a syndicate or fund as a passive investor. What Information Should You Get From the Syndicator?Prior to accepting any investor funds, the issuer is required by securities laws to provide a set of offering documents that explains the terms and discloses the risks of the offering to prospective investors. Issuers typically answer to their investors by means of periodic newsletters, financial reports, and/or teleconferences.Unlike a stock investment, investors may also have some limited voting rights regarding major decisions affecting the company or their investment.You should always ask hard questions about the asset managers track record and what kind of returns they have had on past deals that they have sponsored by themselves, and whether they have met investor expectations, or if they have had any deals that failed or didnt meet their projections. 291'