All Forum Posts by: Paul Moore

Hi @Chris Bane. I totally agree!  I’ve been in real estate investing for 21 years and I only wish I’d gone bigger from the start.  

I’ve concluded there are seven paths to jump from residential to commercial real estate investing.  I’ve detailed these in a few BP posts and a series of BP FB Live videos last Spring. If you can’t track those down feel free to PM me.  I also detail these in the last 50 pages of my upcoming BP book on self-storage investing.  Good luck!  

Hi @Rob McDonald. I consider myself a “professional passive investor” meaning that I invest as an LP for a living. The key is betting on the right jockey. Assuring they have a lot of skin in the game. And trusting them to locate and operate the most profitable deals.  

You may want to check out this site by Ian Ippolito: The Real Estate Crowdfunding Review.  It provides a massive jumpstart on finding the best syndicators.  Good luck! 

Hi @Justin Goodin. Thanks for your comments. Can you explain the “Investor Guide”?  I’ve been in the syndication realm for years and that’s a new term to me.  :-) 

Hey @Evan Loader. You got some great advice here!  @Lane Kawaoka is right… if you keep investing you should keep getting losses to offset and carry forward.  

Question for you tax pros:  at some point, if I invest in an asset with permanent depreciation,  like a carbon credit or ATM portfolio, that has no recapture at the end, would that be an option to end the need to reinvest again?  Am I thinking about this clearly?  :-) 

Hi @Cindy Gong. Great replies here from @Ian Ippolito and @Sam Silverman. You should probably check out Ian’s site: The Real Estate Crowdfunding Review.  It is an honest review of all types of syndicators - on crowdfunding portals and otherwise.  

After 21 years in the real estate business I am absolutely convinced that Sam is right… Passive investing with experts at the helm is the way to go. That’s the only way I invest now.  Good luck! 

Hi @David Stelzer. You might want to start by going after the 40% loss to taxes.  Tom will write has a book about tax free wealth. Robert Kiyosaki has the cash flow quadrant. They teach ways to combine W-2 income with passive real estate investments to use the depreciation losses from the investments to offset your W-2 income.

Maybe I missed this above, but have you considered getting your wife involved and getting her to qualified real estate professional status? That could make a massive difference.  Good luck!  

Hi @Sali Armstrong. I just stumbled across your post. Any update in the past year? Our company has been researching these facilities and they seem quite popular and on the rise. Good luck!

Hi @Ryan Van Duyne. Great question. I am not an attorney, however I have been part of many syndications. From what I understand, if it’s a small group of friends, you don’t need syndication paperwork and exemptions. Nevertheless, the structure of a syndication, as you asked about, seems appropriate. Your LP investment would be treated “parri passu” (the same as) the other LP investors. Your GP interests may incur some management fees on top of splits, or the splits may compensate you.  There may be an acquisition fee paid to whatever party found and out together the whole deal.  Best wishes!  

Hi @David Stelzer. Great question. Some fabulous answers here. I recommend @Brian Burke’s excellent book, The Hands-Off Investor as one of several books to get you started on the path to finding a great syndicator.   Good luck!  

@Mike Cordova I also recommend doing a series of single deals first.  Then consider a fund.  

Many believe a fund is just a group of single syndications and uses the same attorneys and paperwork.   That can be true. But there are cases where the fund requires entirely different paperwork and attorneys.  Just be careful.