How to find reputable Syndication firms

[R Durney]

I am an accredited investor looking to make some passive investments in value-add multi-family real estate deals.   How do I go about finding reputable/competent firms?

In my current career, I have some involvement in the process (valuation and assessment, particularly for Agency loans), so I have some basic familiarity with the process.  I can't have any financial dealings with those that contract with us for valuation and assessments, so learning more about those particular firms wouldn't be much help.

A Google search turns up some names (Cadre, RealtyMogul, Crowdstreet, etc.), but without any objective information, it is hard to evaluate which companies are solid performers.  Some companies tout great returns but appear to be fairly new to the business and they don't have any experience in down markets or a rising interest rate environment.

Is there a forum that addresses this?  Or are there other investor groups I could join in order to obtain leads on deals?

Thanks!!

[Paul Moore]

Hi @R Durney! You got some great advice above and I also recommend @Brian Burke's book, as well as getting involved with LeftField Investors group. They are a powerful community of passive investors and I think it would really benefit you. 

Another group you might want to look at is Ian Ippolito's Private Investor Club with The Real Estate Crowdfunding Review. The Private Investor club is designed with someone like you in mind. Ian had the same frustration when he started planning to invest in private syndications. He put this forum together to help investors to review opportunities. I think you will benefit from that as well. 

Please reach out if I can help and good luck!