Looking for Syndication/Funds

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Colton Hahn
Specialist · Member since 2021 · 322 posts · 273 votes
3y

Would recommend looking at joining a group like Left Field Investors, @Jim Pfeifer can tell you all about it. It is always good to surround yourself with a community and individuals with similar interests to bounce ideas off of.

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  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    3y

    @Justin Turner

    I have experience with my own fund. Does that count :)

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    0Reply
  • John T.
    Rental Property Investor · Central U. S. A. · Member since 2013 · 296 posts · 149 votes
    3y

    @Justin Turner What do you mean by "trusted Syndication/Funds"?

    Are you looking for funds to invest in a Syndication?

    Are you looking for the forms and paperwork used in forming a Syndication?

    Exactly what are you asking?

    0Reply
  • Jim PfeiferBusiness Member
    Investor · Dublin, OH · Member since 2014 · 241 posts · 495 votes
    3y

    I assume you are looking for operators and funds to invest with passively in real estate syndications?  If that is what you are looking for, you are correct that the most important part is finding quality operators.  But before you do that, there are other factors you need to think about when picking the operator.  What asset classes are you interested in? What markets? Are is your accreditation status? Are you investing for cash flow, appreciation or a combination? Are you looking for long term or short term opportunities?  These questions and more should be answered before you start searching for operators because you will want to connect with different operators based on your answers.  The operator will always be the most important part of the equation, but you need to factor in some of these other items into your process.

    2Reply
  • Brock Mogensen
    Real Estate Syndicator · Milwaukee, WI · Member since 2018 · 1k+ posts · 907 votes
    3y

    Lots of great funds and syndicators out there.  I'd recommend connecting with 3-5 groups, get on a call with the, get on their list, and review the deals they send out.  Make a decision based on who you like/trust the most, has the best track record, and has the best deal.

    0Reply
  • Colton Hahn
    Specialist · Member since 2021 · 322 posts · 273 votes
    3y

    Would recommend looking at joining a group like Left Field Investors, @Jim Pfeifer can tell you all about it. It is always good to surround yourself with a community and individuals with similar interests to bounce ideas off of.

    4Reply
  • Frank Greg
    Lender · rate.bid · Member since 2022 · 324 posts · 62 votes
    3y
    @Chris Seveney:

    @Justin Turner

    I have experience with my own fund. Does that count :)

     What is the total value of the fund (amount raised)?

    0Reply
  • Larry Fried
    Investor/RE Broker · Eugene, OR · Member since 2014 · 3k+ posts · 968 votes
    3y

    I have been investing in syndications for about 7+ years now.  The first syndicator/crowdfunding company I started out with I started tracking my investments and results with via a BP blog series:
    Have I Found the Holy Grail of Passive Real Estate Investing?

    I post quarterly updates in (Part 4) and recently posted a Q3 update.

    Reading the entire series of articles will give you a good idea of the changes both an operator and one investor (me) can go through.


    3Reply
  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    3y

    @Frank Greg

    Our current fund we have raised just over 7.5M as of yesterday (fund open till July 2023) - we are investing in mortgage notes and it’s done through regulation a+ so it’s open to accredited and non accredited investors.

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  • Mark F.Pro Member
    Rental Property Investor · Northern NJ · Member since 2019 · 673 posts · 678 votes
    3y
    Quote from @Chris Seveney:

    I've invested in 3 funds by AHP, AHP Servicing, AHP Title and Pre REO. 8% to 10% returns. They pay 8% now and have one at 9%. Holds up your tax return as they take a while to send out K1s. There's a thread on here but mostly good experiences. I've pulled some of money out which can take months.

    I've also been invested in @Chris Seveney fund for a few months via my SDIRA. No complaints, pays 8% monthly and you can look up details on his website, podcast or YouTube channel. Their staff is very responsive I've noticed as well. I plan on investing more in the future.

    Both allow non accredited investors. Theres an awesome 2 hour podcast episode on BP money with J Scott where he goes over picking a syndication/fund. A must listen to before investing. I'm so nice I did the leg work for you.

    https://www.biggerpockets.com/...

    3Reply
  • Frank Greg
    Lender · rate.bid · Member since 2022 · 324 posts · 62 votes
    3y
    @Chris Seveney:

    Our current fund we have raised just over 7.5M as of yesterday (fund open till July 2023) - we are investing in mortgage notes and it’s done through regulation a+ so it’s open to accredited and non accredited investors.

    I see. So your current monthly liabilities/interest payable on the $7.5 Million is about $54,000 per month. 

    0Reply
  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    3y

    @Frank Greg

    Those are the dividend payments correct - of course every business has other liabilities.

    Happy to discuss it offline

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  • Frank Greg
    Lender · rate.bid · Member since 2022 · 324 posts · 62 votes
    3y

     Sure.

    0Reply
  • J ScottPro Member
    Moderator
    Investor · Sarasota, FL · Member since 2008 · 18k+ posts · 17k+ votes
    3y

    I'm happy to discuss my own fund offline as well...  Feel free to reach out ... 🙂

    Podcast Guest on Show The Truth About Real Estate Investing in 2024 (What Investors NEED to Know)
    1Reply
  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    3y

    @J Scott

    Regarding funds - I think one thing that does not get talked about enough on BP is the funds structure. I thought of this post as your fund and mine both deviate from the norm and are what I would deem more “LP friendly” as it relates to waterfall and how I have seen many other funds loaded with fees.

    7e investments53 Reviews
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  • J ScottPro Member
    Moderator
    Investor · Sarasota, FL · Member since 2008 · 18k+ posts · 17k+ votes
    3y
    Quote from @Chris Seveney:

    @J Scott

    Regarding funds - I think one thing that does not get talked about enough on BP is the funds structure. I thought of this post as your fund and mine both deviate from the norm and are what I would deem more “LP friendly” as it relates to waterfall and how I have seen many other funds loaded with fees.


    Agreed.  Over the past several years, with the market booming, nobody seemed to be interested in anything that deviated from standard fund model.  These days, people are starting to realize that not everyone has the same appetite for risk, not everyone is interested in the same asset classes, and some people have preferences for how their returns are structured.  

    Which I believe will start to give rise to funds that are more geared towards specific types of investors and their needs, as opposed to "one size fits all" funds that we typically see...
    Podcast Guest on Show The Truth About Real Estate Investing in 2024 (What Investors NEED to Know)
    2Reply
  • Ian IppolitoBusiness Member
    Investor · Tampa, FL · Member since 2015 · 1k+ posts · 1k+ votes
    3y
    Quote from @Justin Turner:

    Any who would be willing to share trusted Syndication/Funds they have experience with or know of?

    -thanks

    Justin, 

    Every investor has a different risk tolerance, comes from a different financial situation, and has different financial goals. So a sponsor that's great for one investor will probably be terrible for another (and vice versa).

    I'm a conservative investor, so when I prefer sponsors that have at least one full real-estate cycle of experience, little to no money lost, low leverage, and high skin in the game.

    And there is a multi-family operator that has multiple real estate cycles of experience (decades) with no money lost, low 65% less LTV, and high 10%+ skin in the game.

    They market under 506B so are prohibited from posting publicly on the Internet and instead function by referrals. So if you're interested, private message me and I can give you their details.
    The Real Estate Crowdfunding Review
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