Need resources to learn multi family syndication

[Matthew J.]

I am lately interested with investing in multi family units. The general rule of economies of scale is present here too, so the bigger you buy the more cost effective you are in terms of managing buying keeping updates and all. Unfortunately I do not have $1MM yet but I am getting there

While reading this forum I came across to the term of multi family syndication which if my understanding is correct means investing in multi family units with bunch of other people. This sounds perfect on paper and I would like to learn more on how it works. So I am attending Fort Bend county real estate investors meeting on October 3 to ask these questions but maybe I can learn from you guys as well. 

How do you find a mentor? Is it possible to involve in a syndication while working 9-5 in my current job? Also, if I am not cash flow focused more on the long term capital appreciation and more on the B and C class units then what should I do?

These kinds of questions to discuss. Any help will be greatly appreciated. Anybody in Houston who can chip in?

[Michael Le]

@Matthew J., you won't likely find too many people at the Fort Bend REI doing syndication as the more general investment groups are more likely focused on single family wholesaling, flips, etc. You'll want to go to multifamily focused meetups. There is one coming up this Thursday that is ran by a colleague of mine. It is in the Galleria area. Feel free to drop on in and say hi. I'll be there.

https://www.meetup.com/Apartment-Investor-Mastery-...

And to answer your questions

1. You can research mentors on BP (though understand that BP is very anti-guru and will lump a lot of mentors in this group, so you will get the range of reviews). 

2. Yes, I still work a 9-5 job and am also a deal sponsor. It is not easy but possible.

3. You have to understand that in multifamily, cash flow is essentially appreciation as the business is valued based off of income. And B and C class units are great investments. That's what I do.