How to get started in syndications.
A quick note on how you can get started in syndications.
1.). Connect with sponsors (you can find them here on BP). Get added to their deal distribution. When they send out new investment opportunities study them closely by reading their deck and watching their webinar (if they have one).
2.) Level up..... Invest in one of these deals with a sponsor that will take your calls. Consider using a Solo 401k so that you aren't tying up your own cash.
3.) Another level up.....Raise money for a sponsor. Do number 2 first so that when you go to raise money from friends and family you will have already put your money into one of their deals. This really helps your investors connect the dots on your relationship with them.
Bottom line...syndications are a great way to buy apartment buildings. Make sure you vet your sponsor and build a relationship. Let me know if I can help you on your journey.
Justin
Most Popular Reply
Hi @Rick Trivedi. In Addition to what you heard above, you may also want to try these two additional ways to find syndication sponsors:
1. Check out @Brian Burke’s book The Hands-Off Investor which is all about vetting and investing with sponsors.
2. Check out Ian Ippolito’s group The Real Estate Crowdfunding Review. They only allow accredited investors and they have a wide variety of reviews. This will be quite helpful.
Good Luck!