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Updated about 4 years ago on . Most recent reply
Team building, 1st syndication San Antonio - Austin TX MSAs
Hi. I am branching out from single family investing into the large multifamily space in the Austin- San Antonio, TX MSA's area. I am interested in connecting with others in this space seeking to do the same. This will be my first crack at syndication and I need like minded people on board that can see a huge opportunity coming in the next 6 - 24 months. My intent is to close on, reposition and resale in 5-7 years a great value add opportunity well under cost of replacement in the area based on the following criteria:
Units 70-120
age range 1980-2005
class B & C, workforce housing
Southern Austin MSA & Northeast San Antonio MSA
I know it's a very competitive market and that there will be some challenges as we get through the current environment. I have been in the real estate field since 2000 and am seeking a few individuals that can see an opportunity arising on the other side of COVID.
In the past I have invested strictly in residential properties (1-4 units), I have closed on more than 20 rehab/rental/flip properties, and have worked as a commercial analyst for a large multinational commercial real estate management firm. I have successfully raised private capital for projects, ran successful marketing campaigns, performed extensive market research, analyzed opportunities (rejected more than I can count :-) ), negotiated terms, managed rehabs, managed rentals, completed short sales, flipped properties and a bit more. I am seeking a small group of folks that can do the same and add to skills and resources I don't possess or am not strong at, and take some of the load off/ shift some of theirs. In return for collaboration, those people that see it thru 2020-27 will participate in upcoming projects. Please note **This is not a financial, debt or capital solicitation**
I am open to coaching, however I would expect that individual to directly participate - where my success is their success. If you already have a coach and need another creative/analytical on board, please reach out to me.
I am in San Diego and this will be my first syndication. If interested, please send me a direct message