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Updated about 4 years ago on . Most recent reply

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13
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12
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Doonie Johnson
  • Specialist
  • Portland, OR
12
Votes |
13
Posts

New Into Syndication

Doonie Johnson
  • Specialist
  • Portland, OR
Posted

Im a young and hungry entrepreneur whose getting into the multifamily space! I’ve been doing real estate investing (flipping/wholesaling/turn keys) all things Sfh using other peoples money for about 2 years now! Like many I’m realizing the advantages of economy of scale, and Sfh are hard to scale. I first got exposed to idea of multifamily when I went to 10X growth in vegas last year. After that I went through grant Cardone course on apartments 2 times, and read through Joe fairness book best damn syndication(in process of going through 2nd time, this time taking action as I go through). I listen to podcasts almost daily, and with that being said, My education I feel is there.

Now I’m looking to network like crazy and chat with as many successful operators out there doing what I want to do, as well as getting my thought leadership platform up and going!(thinking interview based podcast). I’ve learned relationships are way more important and valuable than almost anything in this industry, so that’s why I’m wanting to do this next. If you disagree please let me know what you’d do next and why!

Love to connect with anyone in the multifamily space, and would love any advice people out there have for me!

Most Popular Reply

User Stats

185
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208
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Andrew Schutsky
  • Investor
  • Glen Mills, PA
208
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185
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Andrew Schutsky
  • Investor
  • Glen Mills, PA
Replied

If you're still on the education track,  here are a few suggestions on my end:

I've read through just about every MF book out there (12+) - here are my top 3: 

1) Joe F's book "The Best Ever Apartment Syndication book" (already mentioned)

2) Syndication is a b*tch by Bruce Petersen

3) Lifetime cashflow through multifamily properties by Rod Khleif

Some great podcasts to subscribe to as well: Lifetime cash flow, Pillars of Wealth Creation, Best Ever Real Estate show

Also, Udemy has some fantastic courses on underwriting, asset management, and syndication for VERY cheap.

Also a huge +1 on my end on finding and engaging a coach, this will only accelerate progress.

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