Again, real estate syndications are an investment – and with all investments, there are risks. If you’re in communication with a sponsor who insists the investment is “risk-free,” they’re either crooks or simply new at syndications. There are areas in which you can be aware and minimize your exposure to risk: the deal, the market, and the sponsor. Try to suss out just how experienced your sponsor is and ask them what risks are associated with the deal. What are they doing to minimize these risks?