Finding a mentor for a Multifamily Syndication.

[Tyler Demeter]

Hey all,

I am new to REI and in need of a mentor. I am currently an active member with the Multifamily real estate boot camp being hosted by Matt faircloth, Justin Frasier and their team. We have gained a few followers and team members in the Columbus Ohio market. We are building resources, contacts, private investors and plans for an SEC compliant syndication. However We need a solid mentor to help walk us through our first syndication deal.

Any help on where to find a good mentor is greatly welcomed. Or if anyone with a good track record would like to assist us we would be forever grateful.

[Christine Bellish]

Quote from @Tyler Demeter:

Hey all,

I am new to REI and in need of a mentor. I am currently an active member with the Multifamily real estate boot camp being hosted by Matt faircloth, Justin Frasier and their team. We have gained a few followers and team members in the Columbus Ohio market. We are building resources, contacts, private investors and plans for an SEC compliant syndication. However We need a solid mentor to help walk us through our first syndication deal.

Any help on where to find a good mentor is greatly welcomed. Or if anyone with a good track record would like to assist us we would be forever grateful.

 Hey Tyler! Very exciting stuff! The best way to get a mentor is to add value in some way. You have to figure out what that means to you, depending on what you are good at/what you have to offer. In this case it sounds like you are looking to bring a deal to the table (which is valuable!). It may make the most sense to offer this mentor a piece of the GP stake in whatever deal you decide to move forward on - they will definitely be a lot more attentive and involved if they are a part of the deal. These people are busy, and their time is money, so it needs to be worth it for them to help you out - most people aren't just going to do it out of the kindness of their hearts because they just don't have the time to spare (and they get asked to be mentors all the time).

It probably makes sense to work with someone who already has assets in the area, since they will be familiar with rents, comps, etc. and can best advise you. You should do some research to see who owns what - one way to figure it out could be speaking to the property management teams that manage these assets - then you can get in touch with the owners and start to build a relationship.

My partners actually have some properties in Columbus, and I'm happy to share their info if you want to try to connect. Just message me :)