Apartment Syndication start up Advice

[Rob Roham]

Hello, I am just starting out in the apartment syndication business and plan to focus Mainly on Silicon Valley Apartments. I have experience in Real Estate but not syndication. I would like to connect with others who have the same interest and learn all I can to get my first deal off the ground.

[Greg Dickerson]

Originally posted by @Rob Roham:

thank you kyle. I guess the most important questions for me would be... what are some of the ways to raise funds, besides friends and family. I know there are crow funding platforms on the internet and that could possibly be a good source, but for a newbie like myself.. that might be a tough task. have you used other sources, like accountants, financial planners or other similar sources that one can work with to raise funds.. I mean in the syndication business, raising funds is the biggest step, right?

Crowdfunding sites are not really an option for you at this point. You need a solid track record with successful exits to be listed on those sites and you need a deal to list once you can qualify. 

Raising capital is all about relationships. First step is to thoroughly educate yourself on the space and the markets. You need to become an expert as people will want to know there money is in experience and capable hands.

Also as per SEC regulations you can’t just start reaching out to people to invest with you. You must have a prior substantive relationship with potential investors before you can offer the opportunity to invest. You need a system in place to cultivate relationships, build authority and demonstrate your expertise. it’s a contact sport: