All Forum Posts by: Theo Hicks

Always secure funding first. Because if you place a deal under contract and cannot close because of your lack of capital, you will lose all credibility with the broker and lender..

Keep in mind that if you are raising money and all investors are passive, it is considered a syndication. If the deal is really small, the cash flow or other profits will likely not support the added syndication costs.

I second Maurico's advice. If everyone who is investing in the deal has a defined ongoing role, you can do a JV rather than a syndication, which will save you a lot of money.

Great point @Luke Miller. The only way to know that the formulas are correct is to create your own from scratch and test the crap out of it.

Thanks to everyone for mentioned our Syndication book!

Hi Cody,

Have you considered starting your own mastermind group?

As @Christopher Hunter said, you can download a free simplified cash flow calculator. But I recommend either creating your own from scratch or using another model as a guide to create your own from scratch.

I would begin by starting your own meetup group in your market.

Hi Tony,

I would start your own meetup group, but not in Englewood. I'd probably start one in Dayton, as you'll get more attendees.

If you are raising capital from passive investors, you will need to work with a securities attorney. These docs are over $10k, so you likely won't find, nor will you want to even use, one online.

I always recommend that you make your own cash flow calculator from scratch. You'll know the model in and out and you will learn a TON during the creation process.