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Updated almost 3 years ago, 01/12/2022
New Investor Syndication
I'm considering doing a syndication in Ohio but don't know where to begin.
My family/friends have seen my success with small multifamily and want to invest their money with me, it kind of just fell into my lap.
I'm interested. I've always known I'd end up in large multifamily but I thought it would be through a 1031 exchange not through syndication.
Anyway, the problem is, I don't know where to begin. Like the actual formation of the corporation, how to collect money, etc.
I want to shadow someone that is going through the day to day operations of owning a syndication. That'll teach me the ins and outs and while I put together my first deal. I'll work for free, I don't care.
I purchased Volume ll of the multifamily millionaire, I'm sure that'll help.
Thoughts? What to do next?