All Forum Posts by: Ethan Neumann

@Account Closed You touched on a great point. PMLs enjoy very predictable cash flow.

I guess it really just depends on the person but investing as an LP seems to have more benefits overall. Thank you!

@Mike Dymski That's another great way to think about it. With private money lending, you could have five different deals and five different investors, lowering your effective rate of return and increasing your time spent on it. 

@Taylor L. What do you exactly mean by "Some folks prefer being a lender because they don't want to give up control"? 

@Michael Le Absolutely. It seems like being an LP has so many more benefits than a PML. 

I'm newer to multifamily... coming from the SFR space. In the residential space, using private money lenders in the second position is a very common way to fund your entry fee for seller finance or sub-to deal. At first glance, being an LP in syndication seems to be a better passive route than being a PML. The returns seem to be better, there seems to be less risk in apartments than SFRs, and you get to own a part of the asset vs just occupying a lien position on the property.

Am I missing something here? 

Investment Info:

Single-family residence buy & hold investment in Fayetteville.

Purchase price: $70,000
Cash invested: $3,400

Purchased subject property through seller financing. We negotiated the terms down to a $2100 down payment and a 3% interest rate for a property that was able to cash flow $300-$400 a month.

I would say listen to all of the different podcasts in your specific niche with the intention of listening to the structure and creative elements of it. What do the hosts do that you like? What do they do that you don't like?

Do they have a special ending? How is the show structured? Is it long or short? What type of energy do they have?

Write down a list of these things and use this for inspiration for your own podcast. Pull out the best features you connect with and leave out the others.