All Forum Posts by: Jared Carpenter

@Greg Dickerson

Thank you Greg for all you recent contributions to my posts, and the time you've spent answering my questions.

Yes, starting my own shop is my near term goal. Simply looking to learn from others how to do this properly. 

Does anyone know of groups (non-institutional) and/or individual contacts acquiring multifamily in Salt Lake City, Phoenix, Texas and/or Nevada that would be willing to speak to a professional looking to pivot towards the next step of being an owner?

I am looking to network, connect, contribute and learn - perhaps find a mentor-ship type of relationship. My experience consists of investment banking at a top 5 shop, a multifamily broker for 3+ years, and now working on the acquisitions side within a well capitalized national multifamily focused group. I feel like I have missed the opportunity of this cycle, and that is okay, however I would like to not sit on the sideline waiting for the next...instead continue to prepare myself by networking and observing, which I feel is most productive now.

If someone see's flaws in my argument, or feel I am going about this incorrectly...please chime in and call me out.

Thanks!

@Greg Dickerson @Jaysen Medhurst

Greg & Jaysen - What do you suggest are some effective ways to prove to these property owners & seasoned investors you speak of, that you know your stuff? 

For example, would you recommend making an Investment Memorandum highlighting one's experience and including example target deals and hypothetical deal structures? 

@Tj Hines

thanks TJ. What type of multifamily deals were you buying at that time?

Anyone else able to chime in?  Thank you in advance!

@Brian Burke

@Greg Dickerson

Thanks gents!

I am sensing a trend here... that is most do it on their own/small until they have the balance sheet to be their own guarantor for fannie/freddie

 @Karen Margrave

Thank you Karen. I agree with what you have stated, although when you say lender are you referring to say a Wells Fargo, or Arbor? I was more thinking of someone who I can attach to a loan for a .5 - 3% sponsor fee...however I suppose your advice works for both.

More so, I am asking what is the best way to find people looking to be sponsors?

Thanks,

Loan sponsor question - where can one be found?

The quick answer that comes to mind is to network through local RE events and conferences, etc...however, how did some of the more seasoned investors find success with this early on in their RE ventures?

Thanks!

@Rebecca Jensen @Jeff Rappaport

Hi Rebecca and Jeff - I just came across your Investor meetup and am interested in attending. What is the agenda like, and how to these typically go?

Thanks!

@Jason Pehrson are these still going on?