All Forum Posts by: Dean Fiacco

Hi All,

Have had some experience with student rentals through a partnership with old friends but am looking to go a bit bigger. Myself and two partners are looking to do a small syndication in the North Florida market and I was looking to get some pieces of advice.

#1) Any tips on sourcing deals outside of meeting brokers and letter campaigns? Any ideas on how to get brokers to move beyond thinking of you as "drip campaign" material. 
#2) We do have some folks interested in investing with us but want to make sure we're SEC compliant. Any tips on raising money from "sophisticated" investors in our network and "accredited investors" and how to not run afoul of regulations but also not run up crazy legal fees. Given that we're looking to do a smaller deal $500k-$1.2M purchase price area we wouldn't want to set up a scenario where we destroy potential investor returns. Our returns on the first deal aren't as important to us, just looking to get the track record built at this point.

Looking forward to hearing your thoughts!

Thanks Everyone! Sounds like Jeff is the man to talk to. 

Hello All

Myself and some partners (one in Tampa, another in NYC like me) are interested in purchasing some Tampa / St. Petersburg SFRs for rent as an initial investment play to start. We plan on transitioning to small MFs once we've gained some experience with the area and investment vehicle.

Any tips are definitely appreciated!

I would also be interested in any information on this!

Hi all,

Is it possible to have a partner go in on a househacking arrangement to allow for homeowner financing on a duplex type property while still arranging for financial protection legally for a partner investor that doesn't have title to the property.

I know that you'd have to have someone tied to the property personally to qualify for FHA terms and things of that nature but are there agreements that can be drawn up with respect to divvying up cash flow coming from the property?

Thanks!

Hi Justin 

Welcome to BP! I'm also looking to invest in the area (my brother lives there) and looking to bring on a first deal near the end of the year. Keep us posted on your progress!

Hi @MichaelAskew ,

Not looking to get into anything until closer to the end of the year but definitely keep me in mind for anything that's single/multi family between 80-150k. 

Thanks for the tips Jasmine! Will def. check out the Ultimate Guide

Hi All!

My name's Dean and I am excited to get started on Bigger Pockets. I am a sales executive in NYC and I am looking to work with my brother who lives in Charlotte, NC to begin some buy and hold rental investing there. Interested in single and multi-family properties in that area to begin this journey! 

Any advice is welcome and definiitely interested in connecting with people familiar with the market!