All Forum Posts by: Todd Dexheimer

Look at being a Key Principal for an investment with a group you trust. This is where you sign on a non-recourse loan for balance sheet and/or liquidity purposes. 

Loopnet is the place deals go to die. A great place to look at and analyze deals, but not a place to find deals. Before you start calling brokers, you need to educate yourself and have very specific goals. 

I agree that 10% is a good benchmark, however, there are many sponsors that are putting in much less than 10%. It really depends on what your investors are comfortable with and what your lender will require. 

Doing flips and small MF's won't give you much experience, so I would not use that as an excuse. Educate yourself and find/hire mentors. Possibly even partner with someone that has some experience already. Take advantage of the opportunity in front of you and don't look back.

I would focus more on growing markets vs finding a hidden gem. Growth markets that are popular, are popular for a reason and will continue to be popular. These are markets that appreciate and cash flow well into the future. Be careful just focusing on cash flow. Many of those are dying markets. 

I have an article on what to look for in a market/sub-market: https://www.biggerpockets.com/...

What markets are hot? Nearly every market in the US is hot right now, which makes many markets over-valued. To figure out which markets are hot and could remain solid, you need to look at job growth and type of growth, population growth, rent affordability, government planning and restrictions, crime rates and trends and the amount of new construction.

https://www.biggerpockets.com/...

Here is a list of some of my favorite markets

https://www.biggerpockets.com/...

If you have cash, but no time, then look into investing more passively. This would be investing into a syndication, note investing, hard money lending and buying a NNN lease. They all come with a little bit of work and due diligence up front, but are passive after the fact for the most part.

I personally would avoid small properties, like single families and duplexes if you don't have time. Even turn-key deals can take up a lot of time. 

DM me if you want to talk passive investing. Happy to point you in the right direction and provide good resources and introductions. 

So many podcasts out there. There is the Real Estate Syndication Show and Real Estate Syndication Spotlight. You also have general Real Estate or Multifamily podcasts like Bigger Pockets, Pillars of Wealth Creation, Target Market Insights, etc that interview a ton of syndication companies. 

@Noah McBride I don't understand the first part of your comment. There are certainly people that are syndicating in Augusta, GA. Syndication is mostly a private placement, so it is not advertised much and not found on google. Below are 2 articles that I wrote on raising money that should give you a foundation. 

https://www.biggerpockets.com/...

https://www.biggerpockets.com/...

Don't look at C+ or B- neighborhoods in Memphis. I would stick with A or B areas.