All Forum Posts by: Jason Orr

@Paul Moore  Thank You.  I will search for your book when I finish this message.  Im learning my real goal is to take down smaller multi instead of putting together a syndication.  Looking to have more of an equity position in a 2-5 MM dollar deal than syndicating a 20 mm.  Thanks for the reply and I will order your book !

@Jake Wiley. Your right. My vision is taking down larger deals. Financing them is my goal, not trying to make an income from syndicating. Great viewpoint on your reply and thank you

@Robert Hamilton thank you

@Chris Levarek  Great response and I appreciate your effort.  To be honest I think I will get active in all 3 of your suggestions.  Next step I'm looking into is a partnership for a small multifamily deal locally.  Passively investing into a syndication to get familiar with the process is great.  I believe this post helped me realize that "syndication" is not the next step.  One step at a time  

@Evan Polaski That is an awesome story.  Thank you Evan.  Its motivating to hear it has been done. The financing hurdle is what made interested in partnerships to get to the next level.  Wanting to make sure I provide more value than I take I have a lot to learn.  The size of deal im interested in targeting are under 5 million and more likely 2 million range.  

@Bryan Hancock Thanks for the honest feedback.  Your right, I didnt use the word syndication properly.  My first hand experience financing properties is only single family homes with secondary market mortgage, in house bank commercial mortgages and private debt funding.  A simple partnership seems to be my next best step in multifamily investing.  

@John Casmon You are correct. Scaling into multifamily is what I want to do.  A small partnership is probably more appropriate for financing properties at the level I'm looking at.  Thank you for the response.  

How hard is it to enter the syndication route ? I want to learn and dive into apartment investing. Currently I’m capable of managing single family homes in one city. To grow into the region and larger apartment buildings I believe syndication is the resource to learn. I’m

motivated and willing to learn. I understand it would be a long term process and long term game. I would be a great “boots on the ground” person and want to learn as much as possible. Can anyone relate to the position I am in ?

I’m looking for a property management CRM for 15 units I own. Currently I track rent and expenses in excel. I hope/plan to grow the portfolio over the next couple years. Looking to implement a CRM to make scaling easier and be organized compared to my excel method. I have noticed many other features a CRM can offer such as ach payments, maintenance requests, payment notifications and listing property for rent, etc. What is all out there for a CRM at my size and what works well ?

Thank you in advance !!