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Updated over 5 years ago on . Most recent reply

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14
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Amanda Tompkins
  • Real Estate Broker
  • Chicago, IL
7
Votes |
14
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Apartment syndication for beginners

Amanda Tompkins
  • Real Estate Broker
  • Chicago, IL
Posted

Hello All,

My name is Amanda. I am a real estate agent in Chicago. I purchased my 2-flat a couple years ago and have been on a journey of building my own portfolio but would like to learn more about apartment syndication. I’ve been listening to Joe Fairless and John Casmon etc podcast. I plan to purchase Joe Fairless book soon. I am currently not an accredited investor. 

What would be your advice for a beginner interested in being an operator. How can I as a real estate agent bring value to an operator right now? 

I look forward to hearing from you all. Thanks 

Most Popular Reply

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3,139
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2,094
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Alina Trigub
  • Rental Property Investor
  • Glen Rock, NJ
2,094
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3,139
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Alina Trigub
  • Rental Property Investor
  • Glen Rock, NJ
Replied

@Amanda Tompkins

Welcome to BP community! You're off to a great start already by taking the steps in the right direction and listening to the two good podcasts. @Taylor L. gave you a good feedback, so follow that. 

I think once you read Joe's book and have a better understanding of the process of how syndications work, you will have a good grasp of where you can bring value. The most important thing to keep in mind is that syndications are SEC regulated and hence it is absolutely critical to get educated first prior to taking any action!

Another good book was written by a securities attorney Gene Trowbridge "It's a whole new business". So read this one as well. In addition, there's a podcast specifically dedicated to syndications by @Whitney Sewell. I think it's called "real estate syndication show". Subscribe to this one as well. Last but not least is to surround yourself by people in the industry via local REI events and by going to conferences. Since you're in Chicago, you should check out one that's coming up locally to you that John Casmon is putting together: http://www.midwestresummit.com/

My best!

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