Curious about syndication?

[Christine Bellish]

Hi all - my husband and I transitioned from investing locally in small multifamily properties to participating in large multifamily and net lease syndications, both passively on the LP side and actively on the GP side. Still seems like a lot of people aren't aware about these opportunities or how they work, so I'd love to share our experience to help others. Please reach out if you have any questions about syndication!! 

[Christine Bellish]

Quote from @Alex Le:

Quote from @Christine Bellish:

Hi all - my husband and I transitioned from investing locally in small multifamily properties to participating in large multifamily and net lease syndications, both passively on the LP side and actively on the GP side. Still seems like a lot of people aren't aware about these opportunities or how they work, so I'd love to share our experience to help others. Please reach out if you have any questions about syndication!! 

Hi I’ve definitely been looking into syndication as a form of investment. I live if Dallas, TX and not sure how to start. Who to work with and generally how much it takes to invest? Does it start at 100k?

Hi Alex! That's too funny...our partner and friend, Kenny Wolfe is based in Dallas. My husband, Danny, has family in the area too. We love visiting. Great questions! See below:

Who to work with: this is really a personal preference - I definitely recommend you do your due diligence and get to know and trust whoever you are investing with. Ask lots of questions (and don't feel bad about asking them)!! Make sure they have a solid track record, that they are good communicators, and that you genuinely get along with them. When we invested passively the first time, the fact that the lead syndicator was so accessible and willing to answer our questions made us feel a lot more comfortable. You should take a look at syndication presentations and watch syndication webinars even if you don't feel ready to invest yet - it'll help you learn and get to know different syndicators' styles and deal structures.

Who you invest with is super important, but another important thing to consider is the type of deal you will be investing in - there are all different kinds multifamily, net lease commercial, development, storage, etc. Some are more cash flow heavy deals, some are more appreciation heavy deals...some you start getting paid returns sooner, and some not for a few years. All questions you should ask too :)

How much does it take to invest: Different syndicators structure their deals differently, so the minimums vary. In my experience, the average minimum is $50K, but I've seen deals with $25K minimums and $100K minimums too.

This is exactly where you should start! Start by asking questions and getting to know people who are involved in syndication - the more you learn about it, the more you'll figure out which deals and sponsors are the best fit for you.

I'm happy to set up a call and chat with you more about this! There's lots more advice I can definitely share with you especially when it comes to which questions you should be asking when evaluating and deal and a syndicator.