All Forum Posts by: John Fortes

Hello Kanica, I understand your pain point and it most certainly can be a challenge. You can do a few things and I'll list them below. 

Talk about what you do and how you are doing it to everyone you possibly can (friends, family, acquaintances).

• Create a business plan that explains what you do and your team (PDF file).
• Analyze deals very often and understand it.
• Create a sample package of a deal you underwritten that would be used as a test case and show it to friends and family to raise interest. 

These should help build your base internally. There are other ways to tackle as well just keep finding and tweaking things that work for you. 

House hacking works as a means if you can fit it in your criteria. Just have to look hard and network with brokers to buckle down on what they are sending you. Good luck!

I personally haven't dabbled in any of the crowdfunding platforms but I have a partner that has and he's just dipped his toe in it to test it out. 

As a syndicator you're providing a service to passive investors who don't have the time but are willing to invest in a business model. The benefits are from investor to investor but the time to manage and operate the complex is a hands off approach while reaching the returns they signed up for. I understand the mindset as you shift your philosophy over to the operators side of things when it comes to syndication and its a service you can give busy professionals looking to grow their wealth.

Can't go wrong with @Joe Fairless & @Theo Hicks book they have out. Also, its a whole New Business by Gene Trowbridge if you want to learn more about the syndication process from an attorney's point of view. 

 I'm currently arranging it. Will definitely keep you in the loop. 

I agree with @Theo Hicks and starting that conversation prior to any deal. Once you get the conversation process going, you'll have a great understanding of when and how. 

Congratulations on soon completing nursing school. I love how your travel hacking to see different places. 

1. Educate yourself! This is going to be what you do for the rest of your life as you constantly tweak and insert what you learned into action.

2. Analyze as many deals as possible. Keep reviewing and learning how to spot a good deal from a bad deal.

3. Connect with like minded people.

4. Find a mentor

5. Invest in bigger deals with a partner 

Syndicat?ion:

Start by doing is very easily said then done. So how else should you tackle getting into Syndication?

1. Read and devour everything you can on the topic.

2. Get use to asking for money: You are really asking for money, your raising money for investment opportunities and think of it as such. Don't ever think of it as asking for funds. Always raise money to help investors with returns or gains they are having.

3. Locate some general partners (GP's) aka sponsors that you can learn from by investing in their opportunities. Think of it as learning as you invest and earn some passing income while doing it.

4. Help out on a deal: Find a way to contribute to someone's syndication, raise capital, find the deal, help underwrite, ect. You get it right?

5. Find the right partners that work for you and you compliment your skill set.

Please consider all the risks and responsibilities it takes to be a GP/sponsor on a syndication. Its a huge responsibility to be a steward of someone else's capital.

Beware that all this does not just happen immediately and it takes time. Don't get discouraged and keep pushing toward your end goal. This is not a list in order because life can happen and take you in a different path and direction but just a guideline that will help you get to another level. I hope this helps and God bless!

If you're looking for passive investments, consider syndications and work with a operator that you thoroughly vet that meets with your passive goals.