Aspiring multifamily syndicator

[Nicio Evertz]

Greetings, 

I am an aspiring multifamily RE syndicator. I have not done any deals, so one of my major barriers is my lack of experience. I was thinking of creating like a website for potential investors, that way I can at least provide knowledge regarding apartment investment, markets, finance, etc. That way I can set some credibility.

Also, is it a good idea to partner with a residential real estate broker and use that track record to potential investors? 

Thank you for your time. 

[Raj Tekchandani]

@Nicio Evertz First off, (and you may have heard this multiple times) get as much education you can get on Apartment syndication. Joe Fairless's book is very good. To get experience, seek out a partner and see how you can add value. The are many ways to do that including 1) Find a deal, analyze it and bring it to a sponsor 2) If you have the net worth and liquidity then offer to be KP or loan guarantor 3) Help raise capital for the deal. Any of these would allow you to be a GP on the deal eventually adding to your resume as a future syndicator. Best, Raj