Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

75
Posts
30
Votes
Hassan O.
  • Investor
  • San Diego, CA
30
Votes |
75
Posts

Team building, 1st syndication San Antonio - Austin TX MSAs

Hassan O.
  • Investor
  • San Diego, CA
Posted

Hi. I am branching out from single family investing into the large multifamily space in the Austin- San Antonio, TX MSA's area. I am interested in connecting with others in this space seeking to do the same. This will be my first crack at syndication and I need like minded people on board that can see a huge opportunity coming in the next 6 - 24 months. My intent is to close on, reposition and resale in 5-7 years a great value add opportunity well under cost of replacement in the area based on the following criteria:

Units 70-120
age range 1980-2005
class B & C, workforce housing
Southern Austin MSA & Northeast San Antonio MSA

I know it's a very competitive market and that there will be some challenges as we get through the current environment. I have been in the real estate field since 2000 and am seeking a few individuals that can see an opportunity arising on the other side of COVID. 

In the past I have invested strictly in residential properties (1-4 units), I have closed on more than 20 rehab/rental/flip properties, and have worked as a commercial analyst for a large multinational commercial real estate management firm. I have successfully raised private capital for projects, ran successful marketing campaigns, performed extensive market research, analyzed opportunities (rejected more than I can count :-) ), negotiated terms, managed rehabs, managed rentals, completed short sales, flipped properties and a bit more. I am seeking a small group of folks that can do the same and add to skills and resources I don't possess or am not strong at, and take some of the load off/ shift some of theirs. In return for collaboration, those people that see it thru 2020-27 will participate in upcoming projects. Please note **This is not a financial, debt or capital solicitation**

I am open to coaching, however I would expect that individual to directly participate - where my success is their success. If you already have a coach and need another creative/analytical on board, please reach out to me.

I am in San Diego and this will be my first syndication. If interested, please send me a direct message 

Loading replies...