All Forum Posts by: Dylan Garber

I am currently an active duty attorney in the Navy, mostly focusing on criminal law. As a real estate investor, I would like to learn how to properly put together a private syndication from an attorney with experience in this field. I'm looking to learn anything that makes me valuable to a GP team. Would like to learn how to draft PMMs, Subscription Agreements, and structure LLCs with corresponding operating agreements. Please shoot me a message if you or someone you know could be able to support me in this endeavor. I am currently stationed in San Diego and barred in Kansas.

I am currently an active duty attorney in the Navy, mostly focusing on criminal law. As a real estate investor, I would like to learn how to properly put together a private syndication from an attorney with experience in this field. I'm looking to learn anything that makes me valuable to a GP team. Would like to learn how to draft PMMs, Subscription Agreements, and structure LLCs with corresponding operating agreements. Please shoot me a message if you or someone you know could be able to support me in this endeavor. I am currently stationed in San Diego and barred in Kansas. 

The buying process was smooth and the property seemed to be rehabed well. I will note a few things. The cashflow was not as high as they advertised and they do take a $5,000 fee. For cash flow, they advertised 300 per month I am getting around $120. Some of this was due to the rent being $100 less than expected. 

Unfortunately, my property in Memphis set on the market for about 6 months. I had some problems with the management company not advertising promotions at all and likely over-screening potential tenants. I finally called around to other property managers who laughed and said absolutely not when I told them the current management company had not found a tenant and wanted to lower the asking price from $1050 to $950. I found another company that got it rented within a month. 

In short, they are great and I recommend if you are only looking to passively invest. However, make sure to call around multiple management companies to ensure the estimated rent is accurate. 

Nate, thanks for the tip. I just went on there. 

 Hey Michael, 

I couldn't make it tonight, seems like a good area, and would love to attend the next event. Is there a link where I can see when the next meeting is scheduled? 

Active military member here stationed in San Diego. I am looking to get started in multifamily real estate investing and would love to attend a few local conferences just to meet local individuals in the business, perhaps discuss deals and get my feet wet underwriting deals. 

If anyone knows of anything around San Diego please let me know. I look forward to meeting everyone. 

I am doing macro analysis on multiple markets and have not been able to find a good resource that lists the planned new construction for all any particular metro. Looking for a one-stop-shop. 

Does anyone have a good resource to track both MF and SF new construction in an area? Looking for new construction license applications or approvals with plans in place. In general, I am trying stay out of markets that have a lot of planned construction over the 3-5 years.  I'm hearing these areas are heavily concentrated in the south east and wester regions, but would like to verify. 

Thanks in advance 

Michael, 

Read the reviews, it looks good, I will give it a read. Thanks for the recommendation. 

I'm a big fan of taking advice and standing on other shoulders. 

Hey Chris,

I only have one single family, and yes, I’m looking to syndicate. I have no experience with syndications or multi family 

Does anyone have experience working with Rod Khleif? What is the price? Is it worth it?

Is my goal of 1,500 to 2,000 doors under management too ambitious?

Also, I will likely hyper focus in Memphis and Indianapolis, while living in several states away.

I am a military officer with ten years until retirement. My plan is to build passive income over the next ten years by scaling a real estate portfolio that I can manage once retired. Currently only own one single family that I purchased through Norada real estate investing. I would like to start building a portfolio through syndications. My goal is to have 1,500 to 2,000 doors under management in the next ten years. 

I listen Rod Khleif's and Ken Mcelroy's podcast where I have heard several guest say their biggest regret is not seeking a mentor and not starting with multifamily. 

I'm attending Rod's bootcamp in January and am seriously considering applying for his membership program. I think it is pricey like most, but have not seen the numbers.