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Updated 1 day ago on . Most recent reply

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Trevor Andrews
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Getting started in Multifamily investing!

Trevor Andrews
Posted

Hello, my name is Trevor Andrews. I look forward to meeting everyone and building relationships. I am a Chemical Engineer by a fancy piece of paper and have worked in many different chemical manufacturing plants, everything from operating to managing. Most recently working for a startup helping perfect a technology for PFAS (forever chemicals) removal from water streams.

Now a not too quick story about myself and how I got into multifamily investing actively. Almost a year ago my wife came down with an unknown illness and through that I ended up leaving my day job to care for her and our 4 children. Luckily for us our first investment as an LP had gone full cycle, so we had the cash available for me to step away. Shortly after I left my job, she was Diagnosed with Lyme Babesia. I won't go into too many specifics, but if you ever slip into the Lyme rabbit hole, we won't see you for a few days. But to put it simply, I knew I was not going to be able to go back to a normal 9-5 and started thinking about what else I could do to keep a roof over my kids' heads. That led me to an old acquaintance who does MF Syndications and a recommendation for the Micheal Blank Mentorship Program, which I am still currently involved in.

So, with that I am working on getting my first deal done. Due to family limitations, I am mainly focused on the central Florida Area, but I am also pivoting more capital raising as finding a property that is worth anyone's time in this area is strenuous. Look forward to connecting with people and learning more about your journeys!

Most Popular Reply

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Stuart Udis
#3 All Forums Contributor
  • Attorney
  • Philadelphia
2,423
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1,621
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Stuart Udis
#3 All Forums Contributor
  • Attorney
  • Philadelphia
Replied

@Trevor Andrews Be careful with how you raise capital or provide other services for a seat at the GP table and more importantly what you do with that "GP" title afterwards. It's become common practice with these syndication education programs to use misleading websites listing the mentors as a member of an "advisory board" while listing transactions in a manner that's intentionally vague and intending to mislead potential investors on the track record and of the capital raiser. I know how the syndication courses spit out their students.  You are trying to go zero to sixty which is not how this business works.

17 C.F.R. § 240.10b-5

It shall be unlawful for any person, directly or indirectly, by the use of any means or instrumentality of interstate commerce, or of the mails, or of any facility of any national securities exchange,

(a) To employ any device, scheme, or artifice to defraud,

(b) To make any untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading, or

(c) To engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person, in connection with the purchase or sale of any security.

  • Stuart Udis
  • [email protected]
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