Has anyone worked with a multi family syndication company they would recommend? I'm looking for minimum investment sizes on the lower end to start.
I would check out passive pockets as well as the ask about a real estate company or syndication and passive investing forums. MF has seen some significant changes and people recommended precovid may not be recommended now, so be careful.
One person I always had a lot of respect for was @Todd Dexheimer who runs a great company and is very knowledgeable (full disclosure not an investor but have met him several times).
Also a question will be "what is lower end" starting investment.
Thank you Chris and @Arn Cenedella. Both of these guys are also great guys and have excellent track records in the industry. Chris would give you diversification outside of MF.
Has anyone worked with a multi family syndication company they would recommend? I'm looking for minimum investment sizes on the lower end to start.
I would check out passive pockets as well as the ask about a real estate company or syndication and passive investing forums. MF has seen some significant changes and people recommended precovid may not be recommended now, so be careful.
One person I always had a lot of respect for was @Todd Dexheimer who runs a great company and is very knowledgeable (full disclosure not an investor but have met him several times).
Also a question will be "what is lower end" starting investment.
Has anyone worked with a multi family syndication company they would recommend? I'm looking for minimum investment sizes on the lower end to start.
I would check out passive pockets as well as the ask about a real estate company or syndication and passive investing forums. MF has seen some significant changes and people recommended precovid may not be recommended now, so be careful.
One person I always had a lot of respect for was @Todd Dexheimer who runs a great company and is very knowledgeable (full disclosure not an investor but have met him several times).
Also a question will be "what is lower end" starting investment.
Thank you Chris and @Arn Cenedella. Both of these guys are also great guys and have excellent track records in the industry. Chris would give you diversification outside of MF.
I second @Chris Seveney mention of Todd D. I know him personally and we share similar “old school” investing principles.
At Spark Investment Group, we do 506b deals open to BOTH accredited and sophisticated investors. Our minimum investment is $25,000. I can say we have never paused distributions or had a capital call. We have paid every distribution on time every time in the amount promised or more.
We do NOT swing for the fences preferring to hit line drive base hits time after time. I've been in REO since 1978 and our team (75 years combined experience) understands REI is a long game not get quick rich scheme.
Other advice::
Work with experienced operators that excel in a narrowly defined niche and those that have been thru at least one market cycle I would avoid operators that do two MF deals then jump to ATM machines and then RV parks and car washes. Jack of all trades master of none applies
If the deal seems to be too good to be true it probably is. Right now MF deals might provide average 5% or 6% returns and LP IRRs of 16% if you see a MF deaL that promises 10% cash on cash and 23% IRR, run don't walk away.
Last suggestion - don’t go all in on your first deal perhaps spread your capital amongst 2 or 3 deals and get your feet wet.
Has anyone worked with a multi family syndication company they would recommend? I'm looking for minimum investment sizes on the lower end to start.
I've invested in a multifamily syndication company that has a rare track record of multiple real estate cycles with no investor money lost. Debt is conservative and usually around 65% loan-to-value or less, generally fixed rate financing. They put major skin in the game at 10%+ and fees are normal/inline (and not inflated).
They market under 506B so cannot advertise on the public Internet and work off of referrals. if you're interested in the details, then private message me.