@Jose Soto. I agree with what @Jeffrey Donis shared. I would add The Real Estate Guys Radio show. They have a syndication event March 27-28. I also recommend the Brian Burke BP book called The Hands-Off Investor. Good luck!
@Jose Soto. I agree with what @Jeffrey Donis shared. I would add The Real Estate Guys Radio show. They have a syndication event March 27-28. I also recommend the Brian Burke BP book called The Hands-Off Investor. Good luck!
Brian Burke's The Hands-Off Investor is a great read!!
@Jose Soto Lot of great recommendations! I find it does depend what you enjoy out of book and what kind of person you are. High level visionary? Or Detailed integrator/analyst?
For me I like detail and reading with purpose. To that end, I'll suggest the following books and give my label of where they sit between visionary/detail :
Best Ever Apartment Syndication Book -Joe Fairless- Detailed and worth keeping for reference.
Raising Capital for Real Estate - Hunter Thompson - Detailed and worth keeping for reference.
Hands-Off Investor - Brian Burke - Detailed and worth keeping for reference.
It's a Whole New Business - Gene Trowbridge - Very detailed. Not for the faint at heart :)
Wheelbarrow Profits - Jake Stenziano and Gino Barbaro - High level overview with some detail. Good for visionary.
Raising Private Capital - Matt Faircloth - High level overview with some detail. Good for visionary.
Note, all these books are great. The top two will be all you need and the top three will seal the deal. My opinion though, we all read differently :)
along with the above references, would also recommend passivewealthstrategy podcast (especially if you are curr. W2 worker). they have good small titbits for busy working professionals. found it to have some good useful info.
Thank all of you for all the information. I have added all the books to my list of reading. I hoped to be as well versed soon. As for the mentorship I have mixed feelings. Most that I have seen are more like coaching programs where you are asked to put a good chunk of money down and pay a monthly fee. Not opposed to that but I prefer meeting my mentor in some way and showing that I can provide value. I don't care if I work for free helping in putting a deal together as long as I am learning. In my current career that is how I have brought those up who wanted to learn about network engineering.
@Jose S. Hi, check events here on BP. For my REI Investors Club I'm doing a livestream on Mar 10 interviewing Megan Lamke who started investing in syndication and now has over 2225 units valued at over $461 million dollars..
We will discuss What Is Syndication, how to and its live so you can ask questions.
And once you attend the training you'll have an opportunity to join their Syndication Mentoring Club that includes live meetups, free trainings, ask the mentor calls, interactive community calls, plus a huge database of exclusive resources & recordings.
As others have mentioned Joe Fairless's book is a solid resource for learning the process. Having a good attorney and CPA with experience in syndications helps a ton in the actual process.
The Hands-Off Investor by Brian Burke is one of the most detailed book on investing in a syndication. Does a solid job of explaining all aspects of being a passive investor. It's also smart if the GP team is well-versed in the book so they know how to communicate effectively with their investors.
Being part of a mastermind group such as the Jake and Gino community is also another solid choice to educate yourself on everything multifamily.