All Forum Posts by: Ellie Perlman

I have two law degrees and an MBA from MIT. If you are a smart, relentless and hard-working investor, you will make it regardless of your education.  

Thank you @Yonah Weiss. KP fees can range between 5% to 10% normally. I know several cases where KPs were paid 20% but it was not the norm.

Hi Mike, there is no website that has all the info you need, but here are some ideas:

Word of Mouth

Reach out to your network and tell them that you are looking to invest with a syndicator and ask for referrals, especially with someone they have been investing with. There is nothing better than having someone you know and trust vet a syndicator. Chances are, if a friend or peer trusts them, you will too. Additionally, you can ask them about their specific experience with their syndicator, in terms of transparency, past performance, etc.

Lastly, I’d highly recommend that you listen to your gut. If you found a syndicator through a podcast, was their personality appealing to you? Does it sound like they are experienced enough? If you met them in person, what was your impression of how they handle themselves? Did a syndicator come highly recommended from a friend? If so, do you trust your friend provided you with strong reasons to go with a syndicator? Listen to your instincts and decide if you can trust they syndicator with your passive investment.

Real Estate Meetups and Conferences

If you are considering investing passively, start attending some local meetups, where you can network with syndicators. I’ve started a meetup in my hometown of Santa Monica called “Santa Monica Passive Investing Club,” where passive investors have the opportunity to meet with me face to face, ask questions and vet me directly. You can find meetups in your area by going to Meetup.com. Another great thing to do is attend real estate conferences, and they are all over the U.S. When attending one or both of these, you can talk in person to the syndicator and determine how comfortable you feel talking with them.

Podcasts

There is so much you can learn about someone from listening to their podcast: from the way they conduct business to certain personality traits. I recommend you find real estate related podcasts and begin following them. Many of the podcast hosts are syndicators. By tuning into the podcast, you should be able to tell pretty quickly if you like them and how experienced they are in the field. 

Sure. See you there.

I don't think more flips will impact your "readiness" for commercial development. Try to find a program/investor who can teach you that, so you can get hands on experience, from someone with development experience. Good luck!

@Amy Yarnall - in order to qualify for a loan, you (or a key principle) will need to have net worth = loan amount, and liquidity = 12 months of debt payments. 

You can also find deals on the largest brokers websites: CBRE, Marcus and Millicap, Berkadia, etc.

Hi Peter, BP is a great place to do it. Listen to podcasts and read people's posts and reach out to them to see how you can potentially partner with them. Not sure if you are asking about connecting with LPs or GPs. For LPs, attend events where they go (meetups for the most part) or professional events to find GPs (NMHC, IMN, etc).

The next monthly meet-up will be in Santa Monica, CA, on Tues., July 16th from 6:00 PM to 8:00 PM.

We live in the best city in the world. However, investing here can be challenging. I've consistently purchased properties outside of LA and will share with you the main 5 steps to do the same.

Whether you are a seasoned passive investor or considering becoming one, this session will bring you a lot of value. The information you will get can open up new investing techniques and strategies that you haven't been exposed to yet.

This meetup will allow participants to ask questions and get to know other passive investors.

THIS IS AN ACTIONABLE, NO BS SESSION. The main goal is to equip you with the right knowledge of passive investing and to make you a more educated and sophisticated investor. Any sale or solicitation is not allowed.

What to bring? pen and paper or an ipad to take notes.

Parking: street parking (free) or public parking (first 90-min are free)

Please make sure to RSVP here: http://bit.ly/2X7MIYB

THIS IS A SOLICITATION-FREE MEETUP. SERVICE PROVIDERS ARE NOT ALLOWED TO MAKE ANY SOLICITATIONS OR PITCH DEALS.

We live in the best city in the world! However, investing here can be challenging. I've consistently purchased properties outside of LA and will share with you the main 5 steps to do the same.

Whether you are a seasoned passive investor or considering becoming one, this session will bring you a lot of value. The information you will get can open up new investing techniques and strategies that you haven't been exposed to yet.

This meetup will allow participants to ask questions and get to know other passive investors.

THIS IS AN ACTIONABLE, NO BS SESSION. The main goal is to equip you with the right knowledge of passive investing and to make you a more educated and sophisticated investor. Any sale or solicitation is not allowed.

What to bring? pen and paper or an ipad to take notes.

Parking: street parking (free) or public parking (first 90-min are free)

Please make sure to RSVP: http://bit.ly/2IMVktK

THIS IS A SOLICITATION-FREE MEETUP. SERVICE PROVIDERS ARE NOT ALLOWED TO MAKE ANY SOLICITATIONS OR PITCH DEALS.