All Forum Posts by: Zachary Inman

1031s are at higher risk right now because of constrained supply. If I were in your situation, I would have a few contractors check out the property to get an idea of what repairs would cost. 

Congrats! I started in college too, you are way ahead my friend :)

Hi @Andrew C.

You could invest in a QOZ Fund to defer taxes. Another option is any reliable private real estate offerings that offer accelerated depreciation to mitigate your tax exposure (and typically have better returns). 

@Guy Idan Congrats on the business exit!

As with most things real estate-related, there are no linear paths. As others have said, sponsors have fees to keep the lights on and then get their big payday during a capital event. Typically less experienced sponsors have more investor-favored fees/splits because of the higher operational risk (inexperience) and then have more sponsor-favorable terms as they accumulate a track record of delivering (and over-delivering) returns. 

Your paycheck is going to vary wildly based on how well the deal does, which is good for both investors and sponsors because it aligns the incentive structure. Because it's private equity, you can set up your structure to be whatever you want... but it still needs to be attractive to investors and competitive to the other options. 

What are some of the high-level takeaways from buying a property with a reverse mortgage? How is it different/same from a normal transaction?

Do these "market experts" have a vested interest in keeping people buying? Brokers and LOs always seem to be overly optimistic...

@Amy Pearson Hi Amy! I'm interested to hear why you look for only brick buildings. Is the extra expense worth it?

LPs are looking for someone they can trust that delivers competitive returns reliably. Transparency is key.

To find LPs, your best bet is to look in your own network of people who you think might be interested. Ask for referrals. You'd be surprised how much capital you can raise by asking people that already know you, like you, and trust you. 

Indy is my home base. Great market to invest, but like everything else right now, it take some patience to find a good deal. 

Hi @Michael Berth. Full disclosure: I work with a real estate syndicator, but I joined the team because of how passionate I was about this topic!

If you're looking for a check in the mail every month without lifting a finger, real estate syndication is a great choice. I help people with this every day. Your biggest risk when investing in syndications is always the same - operator risk. When trusting an individual or team with your hard-earned capital, you should do some digging to see if their business plan is based on a proven track record or wishful optimism.

A good first step is googling the operator to see if they have a reputable online presence. Ask around within your network or look in investing forums to get an idea of their reputation. When evaluating, ask for an audited track record of full-cycle deals. When looking for reliable passive income, you don't want to be an operator's test guinea pig.