Considering these syndications - pros and cons

[Becca F.]

I've been investing in the Bay Area (1 SFH solely owned and 1 multi-unit, co-owned) and Indianapolis metro area (2 SFHs). I made several offers in Indy since this summer with an attempt to BRRRR (in a non-typical way) which fell out of contract. I think for me doing a renovation OOS is too much stress even it's better to value add than buying turnkey. Most of the properties I've run numbers on in Indy will either break even or be -$100 to -$200 a month with the current interest rates. I don't think I need to buy 50 or 100 properties to reach my financial freedom number (semi-retire by working on a very part time basis or retire early) nor would I want to own 100 properties. I think going more for cash flow right now might be better or maybe I'm wrong about that.

I'm an accredited investor so I'm thinking going the syndication route might be better. My one hesitation is that I'm putting the decision making into someone else's hands.

I talked to a rep from Passive Investing and the PIC Alliance Fund or Real Estate Public Debt Fund sound like possibilities 

https://www.passiveinvesting.com/

https://offerings.passiveinvesting.com/pic-alliance-fund

https://offerings.passiveinvesting.com/pic-fund-i

I'm getting on a call with someone from Commune Capital and they're investing into building multi-units in Southern California and self storage. 

https://communecapital.com/investments/

Thoughts about these two? I've also heard commercial real estate is having a tough time so should I stay away from apartment building syndications? Has anyone invested in syndications and what should I look for? 

[Chris Seveney]

@Becca F.

I have not invested in those specific funds so I cannot comment. There are several posts here on BP regarding things to look for in a syndication.

I find the group left field investors to be a great spot as they share unfiltered information on funds.

For me personally, my personal investments I like to invest in funds that are one trick ponies. Meaning they do one thing. I would rather have my sponsor be a master in one area than one who seems to have their hands in multiple cookie jars. That’s just my personal preference

My last comment will be to understand the terms and the risk involved, especially ask how do you get your money out and what is it contingent on. If it’s contingent on the sale of an asset just be aware of that.