All Forum Posts by: John Fortes

All depends on your end goals of investing. If you want to be passive or front line. Connect with Nikolai Ray who is also up North with you. 

Steps to take:

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. Talk about real estate! Be vocal and intentional with your conversations. You never know who is interested and needs help. Since you have educated yourself and analyzed deals, great chance to partner with a money partner on that front.

5. Raise money for your own deals.

6. Find deals for others. Also known as bird dogging.

7. Invest in someone else's deal or syndication. Learn from the process and get involved someway, somehow.

8. Find a mentor and volunteer to help them for free. Add value to someone else for free education and building a friendship/relationship.

9. Write a blog, start a podcast, start a YouTube channel, or do all 3.

10. Be active on your social media platforms and create your own brand.

These are not step by step processes. Just guidelines to help you get to your end goal. 1, 2, and 3 are crucial but everything else tackle it in your own way and process. Just do it. Hope this helps, good luck, and God bless!

Once they make their investment, the operator then either pays monthly or quarterly per the structure and that equates as passive income for the investor. If there was a chance to force the equity and refi, their initial capital is then returned to them while still collecting the passive investment per the structure of the deal permitting them to be in and not a buyout of returning initial capital. Again, its all based on the structure of the deal. Other than that, their initial capital is returned at the sale of the investment and they collected passively the whole length of the deal. Hope I made some sense of this as I understand it can be confusing. 

If you have someone close to you that does what you do, just pick their brain. Invite them to lunch or coffee. Would be the best education you can pay for during that meal. Always be ready and eager to learn from others. Lastly, just try what you can and build that confidence within yourself once you gathered some tools from others. 

Steps to take

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. Talk about real estate! Be vocal and intentional with your conversations. You never know who is interested and needs help. Since you have educated yourself and analyzed deals, great chance to partner with a money partner on that front.

5. Raise money for your own deals. ALWAYS BE RAISING!

6. Find deals for others. Also known as bird dogging.

7. Invest in someone else's deal or syndication. Learn from the process and get involved someway, somehow.

8. Find a mentor and volunteer to help them for free. Add value to someone else for free education and building a friendship/relationship.

9. Write a blog, start a podcast, start a YouTube channel, or do all 3.

10. Be active on your social media platforms and create your own brand.

These are not step by step processes. Just guidelines to help you get to your end goal. 1, 2, and 3 are crucial but everything else tackle it in your own way and process. Just do it. Hope this helps, good luck, and God bless!

Steps to take

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. Talk about real estate! Be vocal and intentional with your conversations. You never know who is interested and needs help. Since you have educated yourself and analyzed deals, great chance to partner with a money partner on that front.

5. Raise money for your own deals.

6. Find deals for others. Also known as bird dogging.

7. Invest in someone else's deal or syndication. Learn from the process and get involved someway, somehow.

8. Find a mentor and volunteer to help them for free. Add value to someone else for free education and building a friendship/relationship.

9. Write a blog, start a podcast, start a YouTube channel, or do all 3.

10. Be active on your social media platforms and create your own brand.

These are not step by step processes. Just guidelines to help you get to your end goal. 1, 2, and 3 are crucial but everything else tackle it in your own way and process. Just do it. Please feel free to reach out. Hope this helps, good luck, and God bless!

From my experience with syndications, if this is set up as a syndication, that the LP is not on the balance sheet unless they are sponsoring their deal because of their net worth. But they would be compensated for that. 

Sounds like they are JV-ing the deal but throwing the terms LP and GP around. Are you using a SEC attorney to structure the deal?

I understand your going down this road and to be honest, I haven't heard great things from Morris Invest. I would shy away from turnkey companies such as these. I know a number of investors who explored these options and decided against it. Just do your homework and find someone or a property you can trust. 

If you are trying to avoid the headaches but create passive income there are plenty of ways to do so. You can invest in a syndicators deal and they manage the asset while you collect safe, consistent returns monthly or quarterly and great tax breaks while avoiding tenants, toilets, and termites. 

This is going to be fun! Can't wait for this. Thank you @Dan Handford for arranging the first online event of this type. This is already one for the history books. 

No secret that its not anyone place. Its exactly what @Theo Hicks states as becoming the expert. Maybe thats on your social media feeds and your friends and family see you as the investment expert. But to reach out to the masses, thing bigger and how can you reach them with all the technology around.