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Updated over 3 years ago on . Most recent reply
![Suresh Kannan's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/620401/1630256188-avatar-suresh_k.jpg?twic=v1/output=image/crop=350x350@0x0/cover=128x128&v=2)
How did you transition into becoming an Active Syndicator?
As with anything else, its scary to get into leading a syndication as a Sponsor,
1. How is your experience so far?
2. What was your trigger/motivation?
Looking forward to hearing your story!!
Most Popular Reply
![Justin Goodin's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1147224/1704153801-avatar-justing170.jpg?twic=v1/output=image/crop=231x231@175x29/cover=128x128&v=2)
Originally posted by @Suresh Kannan:
As with anything else, its scary to get into leading a syndication as a Sponsor,
1. How is your experience so far?
2. What was your trigger/motivation?
Looking forward to hearing your story!!
Congrats on looking into syndications! This is a business that will require tons of time commitment, education, dedication, and persistence. I got start by hiring mentors, reading books, listening to podcasts, and networking.
I started investing in single family homes and fix-and-flips while in business school. I have a few deals going on now and will soon by a general partner in 417 multifamily units and another 23 as a JV partner.
I found my passion for apartments after realizing you don't always have to work the typical 9-5 job, take your 2 weeks vacation, invest in a 401K, and maybe have a good life after I retire. Haha! Apartment investing allows me to live a life by design NOW vs waiting until I retire. It's hard to scale with single family houses and I didn't want to deal with the tenants and repair costs. I am generating passive income so I can control my time. Much better than spending my life working a W2 if you ask me.