Looking to get into larger investments and possibly syndication

[Sarah Smith]

I am an experienced investor with over 70 properties. I have great cash flow with my properties but I am looking to scale my business.

I am looking for advice on taking the leap into larger properties when I don’t have a ton of cash on hand.

I am also interested in some learning more about syndication as I am looking to get away from the fully hands on investing we have been doing for 15 years.

Any help or advice would be appreciated. I am in the Vegas/Henderson area and am open to networking opportunities. Thanks!

[Theo Hicks]

Hi Sarah,

Based on your experience, you should have no issue transitioning into raising capital to syndicate deals. The first step is to determine how much money you are capable of raising. That will determine what sized deals to look at.

Are your 70 properties all SFRs or do you have multifamily experience? If you haven't done a MF deal before, you'll need to work on your MF education or find a partner who has MF experience. Plus, you'll likely need help with the underwriting and asset management.

Nexts step is to start building your team. Start with a property management company and then start reaching out to brokers to create a deal flow. You'll also want to find a mortgage broker to help you with financing and real estate and securities attorneys to help you with the PPM and operating agreements.

From there, you start looking at deals!