Rental Property Investor · Port St. Lucie · Member since 2013 · 140 posts · 99 votes
After quite a bit of looking, my partners and I finally have a great multifamily deal under contract in Tampa, FL!
Now the fun begins...raising capital, due diligence, and financing, among other things. After passively investing in several multifamily syndications and learning the ropes, I am looking forward to being on the GP side of a Real Estate Syndication. I will keep those that are interested posted on this journey.
My goal for a while has been to work as a full time CRE investor, so it was a natural step. However, if I weren't retiring from the military soon, I would continue to passively invest in MFRs. Not too many other investments that can consistently get you at least 8% CoC and 15% AAR, along with the significant tax deductions.
I also recently purchase this book and currently diving deep into it. We should bounce our knowledge off each other throughout this syndication journey!
Absolutely, it is by no means a fiction book and I re-read many chapters going through and highlight certain points. It certainly helps it sink in better. Feel free to reach out anytime to share insights on it. Happy Investing!