Updated over 6 years ago on . Most recent reply
Any success stories out there that do not include a syndicate?
Ive listened to endless podcasts, and I still have no desire to start or invest in a syndicate. I love real estate so much I love being on the front line and enduring the ups and down (more so the ups of course) and learning as I go.
I currently have my primary and a 4 unit here in Southern California.
Is it not possible to build and scale quickly without joining a syndicate? Am I chasing my own tail thinking I can do it all on my own and build great wealth (relative, I know) ?
Most Popular Reply
#5 Wholesaling Contributor
- Real Estate Broker
- Naples, FL
It depends on how much control you desire, your finances, and your ability to continue to scale up without a syndication. Keep in mind that a 25K investment in a syndicate of 2.5M is only a 1% ownership in the deal. I prefer to do things on my own. This allows me 100% control. You will find posts on BP of syndications that went bad as well as those that went well. I would definitely know WHO I was trusting with MY money. As to success, that is relative. I have 14 SFR mostly free and clear. That works for me, but for some, it is small potatoes.