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All Forum Posts by: Scott Morongell

Scott Morongell has started 5 posts and replied 761 times.

Post: What are your goals for 2019?

Scott MorongellPosted
  • Syndicator
  • Charlotte, NC
  • Posts 783
  • Votes 471
Originally posted by @Brian Pawl:
Originally posted by @Scott Morongell:

@Brian Pawl thanks for sharing your goals! Mine is to continue to grow my syndication business. Did 672 units along with partners and our investors in 2018. Look to do another 500-700 units in 2019. 

Sounds like 2018 was a great year, but I'm going to challenge you to break through that 700 unit mark for 2019 :)

Best of luck and let me know how it goes!

 Thanks Brian! I will do my best. I hold a high standard as we do bring investors into our deals. My biggest wins are sometimes not doing deals! 

Post: Bought 146 unit to end the year!

Scott MorongellPosted
  • Syndicator
  • Charlotte, NC
  • Posts 783
  • Votes 471
Originally posted by @Gino Barbaro:

@Scott Morongell

I saw you closed a deal as well in Texas.

Looking forward to seeing you again in NY soon

Keep crushing it

Gino

 Always great to work with a strong team and take down deal. It certainly was a fun one in Austin! 

Let me know next time your heading up to NY would love to come to your event / or just meet up.

Post: 1st Wholesale Deal! $25k with 15 hours of work!

Scott MorongellPosted
  • Syndicator
  • Charlotte, NC
  • Posts 783
  • Votes 471

@Tim Emery let me know if you are and we will try to connect!

Post: Multifamily Mailing List Provider

Scott MorongellPosted
  • Syndicator
  • Charlotte, NC
  • Posts 783
  • Votes 471

@James Syed work them into the deal?

Post: Open ended syndication

Scott MorongellPosted
  • Syndicator
  • Charlotte, NC
  • Posts 783
  • Votes 471

@James Wright the glory of syndication is that your able to structure it any way you'd like. The question is, how many investors commit and can you close the deal with that particular structure? I have not structured anything with a replacement option after 5 years but with the right syndication attorney I'm sure you can get it set up correctly.

Post: Multifamily Mailing List Provider

Scott MorongellPosted
  • Syndicator
  • Charlotte, NC
  • Posts 783
  • Votes 471

@James Syed if your looking for multifamily over 20+ units going through a broker is probably your best best!

Post: IMN Middle-Market Multifamily Forum in NY NY

Scott MorongellPosted
  • Syndicator
  • Charlotte, NC
  • Posts 783
  • Votes 471

@Scott Hollister let me know is a meet up does form as I would be interested in connecting

Post: New Investor in Evansville, IN

Scott MorongellPosted
  • Syndicator
  • Charlotte, NC
  • Posts 783
  • Votes 471

@Andrew Fallwell Congrats on joining the BP community. You can find a deal or two in Evansville! I used to play hockey for the icemen there a few years back. The BRRRR strategy is great. I am in larger multifamily and always willing to share my experience and connect.

Post: 1st Wholesale Deal! $25k with 15 hours of work!

Scott MorongellPosted
  • Syndicator
  • Charlotte, NC
  • Posts 783
  • Votes 471

@Tim Emery awesome, although I am not a wholesaler or flipper I would have taken the same route as what you did.

Post: New Member Introduction...Hello from NJ!

Scott MorongellPosted
  • Syndicator
  • Charlotte, NC
  • Posts 783
  • Votes 471

@Karina L Romano I am in Morris County, NJ. Always willing to hop on a call to connect or meet up.