All Forum Posts by: Elijah Vo

Yes @Larisa Jimenez, I started MF about two years ago and have sponsored two deals, 300+ units total. 

It’s a tough but rewarding road. Maybe we can chat?

Hi @Larisa Jimenez, most of the meetups that are located between Ft. Worth and Mid-Cities tend to focus on SFH. It could be a good source to network with others outside of the MF industry, but probably not for MF information.

Think Multifamily holds one in Frisco. I’m biased towards that one (since I host it😉), but we do have great networking and speakers!

We’re holding one on Oct 12 and we’d love to have you!

https://www.meetup.com/Grapevi...

@Travis Gibson, I would say it depends on your goals. If you're have tons of equity and you want to scale, you should ask if you want to small MF, syndicate bigger deals, or invest passively. One word of caution...if you're new to MF, it won't be as easy as you think to partner with an experienced MF investor. You really have to look at what skills/resources you can bring to the table. You can network with other MF investors, see what they're lacking, and bring that to the table. For instance, you could: learn how to analyze deals, find a deal, and then partner with an experienced MF investor. There are many other ways, but it depends on your time, goals, etc. Let me know if you want chat and good luck!

Amazing event and great networking! TMF always goes above and beyond with speakers, breakout sessions, and overall atmosphere/culture...highly recommended!!

Hi @Eli Miles, I agree with others about the networking at local events, Meetups, etc. One of the most powerful ways to enhance your skills and build your business is through networking. I met my current partners, Mark and @Tamiel Kenney from Think Multifamily, at a local Meetup and they've helped me close on 300+ units in the last 1 1/2yrs. 

I'm not bragging...I'm just trying to show that this introduction came from a local Meetup. You never know who you'll meet and it could be the one person who has the knowledge, skills, network or whatever you need to move forward. All you have to do is find a way to bring value and the rest is history. 

Anyways, good luck and let me know if I can answer any questions!

@Luke Miller, yes South Korea sounds very familiar since I was stationed there years ago, lol!  

@Jacob Morris, if I have it right, it looks like you're into several things (loans, rental properties, LP on syndications), but you want to focus on being a syndicator/sponsor, correct?  If so, I know how you feel being geographically separated but wanting to get moving...I was the same way in Korea in Kuwait ; )

Anyways, IMO you can look at this two ways...you can go small or big, but you have to ask yourself if you want a big cut of a small deal or a small cut of a big deal. You may not realize it yet, but you'll actually put in the same amount of work syndicating both kinds of deals. But the choice will be a personal preference.  

I personally think partnering is critical in this industry, if you're looking to grow/scale.  Very, very difficult to scale otherwise.  Just make sure you find a trustworthy partner who complements your skillset.  

Since you're looking to syndicate, you can research the different investment groups and see which one you fit into the best.  Investing groups are good because you can tap into their network, experience, etc. and partner (or not) with people you know and trust.  Personally, I chose Think Multifamily.  They are ran by Mark and @Tamiel Kenney out of Dallas, TX and I have had lots success with them.  Don't get me wrong, there are other groups out there, but these are who I recommend.

If you want, you can ping me to discuss my experience more.   

Until then, good luck my friend!

@Matthew W Croulet, I like Jonathan's take on the syndication game!  It's absolutely true and something I'm learning now.  Getting investors to trust you is a long game and takes effort to build. 

I would add that another important step is to keep educating yourself and network with others at local Meetups, real estate groups, and syndication events.  There's tons of events out there, but a good one to start with is FIRE Summit, which is hosted by Think Multifamily.  They teach apartment investing phases, syndication, marketing, etc.  They do a great job lining up speakers and there's tons of networking too. 

Anyways, good luck in your journey and happy investing!   

@Ben Ashburn, sorry to hear about your losses, but I'm glad to see you were able to find a silver lining and start here.  I agree with several others here....at this point, education is key.  Renting out that house won't be an issue, but you need to start educating yourself with books, podcasts, articles, Meetups, and investing events/training. The more knowledge you gain, the more action you'll take.  Be careful though...don't sit on the sidelines too long and keep educating yourself; eventually, you'll have to jump in.

If you're interested in syndication, there's a good event in Dallas this month hosted by Think Multifamily, called the FIRE Summit.  They have tons of education and networking there, so that would be a good start. 

If you have any questions, you can message me anytime and we can jump on a chat or something! 

Take care and good luck!

-Eli

@Michael Burks,

This post has spanned over a year and over 100+ replies, so I was just wondering how your journey has worked out for you.  Did you end up picking an investing group like Think Multifamily, LU, etc. or did you decide to go alone? 

Personally, I joined Think over a year ago and have had great results with them.  They're honest and open people who care about your results.  Anyways, I live in the DFW area, so I would love to chat to see how it worked out for you so far.  

If you're interested, you can PM me to meet up or call.  If not, good luck my friend! 

Hi Andrew! I'm with Brent and Omar on this one.  You can check out Mark and Tamiel Kenney of Think Multifamily. They are good friends and partners that run an investing/syndication group out of Dallas.

They are honest people and would be happy to get you on the right path, whatever that means for you.

Anyways, I'd love to discuss more or feel free to reach out to them as well.

Either way, good luck and I hope to hear from you!