All Forum Posts by: Brock Mogensen

Happy to provide some insight on syndication, feel free to reach out

Development is a completely different game than acquisitions. So want to make sure the team has strong development experience or is partnering with other GP's that have the experience.

I'd strongly advise against option #3.  Based on your statement of wanting to be passive, investing in Section 8 is the opposite of passive. It requires being extremely hands on, otherwise you will go in the negative real quick.

My advice would be to park 50% of the capital into something safe like a mutual fund and that invest the other 50% strategically into several passive opportunities. Another option to look at is investing in syndication deals as an LP.  This is a true form of passive investing while gaining all the benefits of having real estate in your portfolio.

Welcome to BP and great to connect with another local investor! We are hosting a networking event later this summer that could be a great opportunity to connect with more local investors. I'll DM you the details.

We use Reonomy for industrial property owner data 

This live event is designed to provide you with an exclusive opportunity to learn from some of the biggest investors in the game while networking with other local investors like yourself.

Event Details:
- Winning Wealth - Real Estate Summit
- Date: Friday September 29th & Saturday September 30th
- Time: Friday (9:00am - 5:00pm CT), Saturday (9:00am-1:00pm CT)
- Location: Mariott Milwaukee Downtown
- RSVP HERE

This event is your gateway to a wealth of information on Commercial Real Estate (CRE). We have curated a jam-packed program that covers everything from the fundamentals of CRE to scaling from your first deal to managing thousands of units. Our goal is to equip you with the knowledge and strategies necessary to excel in this thriving industry.

What to Expect:
1. Deep Dive into CRE: Our expert speakers will guide you through the ins and outs of commercial real estate, unraveling its complexities, and sharing invaluable tips to navigate this lucrative sector successfully.

2. Scaling Strategies: Learn from seasoned investors who have successfully scaled their real estate portfolios. Discover the proven techniques they used to expand from a single deal to managing thousands of units, allowing you to implement similar growth strategies in your own journey.

3. Navigating the Lending Environment: Gain insights into the current lending landscape and discover the most effective ways to secure financing for your commercial real estate ventures. Learn about financing options, loan structures, and strategies to optimize your borrowing power.

4. Broker Insights for Great Deals: Get insider knowledge from experienced brokers who specialize in commercial real estate. Learn how to identify and capitalize on great deals, negotiate favorable terms, and build lasting relationships with brokers in your local market.

5. Capital Raising Techniques: Explore innovative strategies for raising capital to fund your real estate projects. Our experts will share their insights on private equity, joint ventures, crowdfunding, and other alternative financing methods, empowering you to unlock new avenues of funding.

Use code EARLYBIRD at checkout for a discount 

There's a lot that goes into it, but the general premise is dial in your underwriting, structure, investor terms, put that into an OM..then have the conversations with the prospects.

Happy to share my OM template, just send me a DM. 

Great to connect with another local investor!  Attending networking events is a great way to build out your book for doing deals.  We are hosting a big networking event in Milwaukee in September, would be great to see you there.

The short term leases is the major problem. If they hit those rents on a 5-year lease than it would make a lot more sense. Plus the bank is not going to like the short term leases, because you have no way to project what's going to happen next year. I would try to negotiate a lower price/sq ft on the deal and use the short term leases as your argument for the lower price 

 Yes feel free to send me a DM