All Forum Posts by: Jay Ben

I'm accredited and looking for a syndication deal, and wanting to get into passive investing. I'm learning a ton but there seems to be a gap in finding syndications.

Where would someone that is starting out find syndication deals to review. I found one group how would I find other syndications to compare them to?i

Im in the same boat(looking for decent offerings for my first syndication investment)… I've seen many people who reply on multi family posts on here are usually either a mentorship program salesperson or a syndicator with an offering

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I'd like to start syndicating deals and I am thinking a good way to start might be by investing in a fund. Can some of you fellow investors/passive investors give some pointers on how you choose the fund to invest in?

Thanks

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If the class(a,b,c,) of an apartment building is based on the year it was built than what specifically determines the class of the area? And is the year built how most of you determine the building class?

Thanks

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Los Angeles County, California

Quote from @Chris Seveney:

Quote from @Ian Davies:

Hi there

Does anyone know of any good funds or projects with high IRR apart from the ones on crowdstreet and realtymogul?

Thanks!

Can you define what High IRR means to you? You can invest in class D areas that on paper will show a high IRR of 20% but I would not touch it with a ten foot pole, but in same breath I would consider a 10% IRR where there is no leverage and low investment to value.

If the class(a,b,c,) of an apartment building is based on the year it was built than what specifically determines the class of the area? And is the year built how you determine the building class?

If the class(a,b,c,) of an apartment building is based on the year it was built than what specifically determines the class of the area?

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Quote from @Amanda Sokol:

I would hire a broker to raise equity for you. This is way too much to do on your own.

where would you find one?

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Quote from @Greg Kasmer:

Jay - I think it's best to start talking to investors well in advance of the active deal. You can do this by sharing an example deal to them and guaging their interest level and triage their initial questions. At the end, you can ask "If I come across an opportunity similar to this would I be able to share it with you?". When you actually have a deal under agreement you're not starting from scratch and can talk through any nuances about the deal relative to your previous conversations with that investor. Good Luck!

Greg- thank you for your feedback. I actually have a sample deal package I put together. Now do you think I should just hit the phones and emails and just start pitching? Do you think I should secure a KP before talking to potential investors? Would love to jump on a call when free. Thanks!

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Quote from @Evan Polaski:

@Jay Ben, the simple answer is email. But this implies that you already have a list of investors that you can email.

Your question implies that you don't have a list, and then it comes down to business development to develop a list of leads. And that is simply networking over and over and over. Meetups, professional groups, friends and family, referrals, etc.

So I have a spreadsheet of MF owners contact info. Do you recommend I reach out to them before sending them a deck? I see your feedback often on here and I would love to connect with you on a call.

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Where do you go if friends and family is not an option? Looking for some tips on how to raise capital. Ive heard some use equity brokers.

How would you approach a private equity firm? get in touch with acquisition manager, assets manager and pitch them?

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Los Angeles County, California

Quote from @Brian D.:

@Manolo D. - thanks for the reply. Do you know what this type of county land lease program thing is called? I can't find a resource to explain it.

i think its called a public facility corporation and i am digging in it now... have you guys done anything in regards to this program since the post was created?

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I am looking for more info on this type of Public Facility Corporations transaction with a 99 yr lease and tax abatement. Anybody here doing this?

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Los Angeles County, California

All Forum Posts by: Jay Ben

Jay Ben has started 33 posts and replied 64 times.

Post: Accredited and looking for a syndication deal

Post: Investors-where do you look for offerings and how do you choose a fund to invest in?

Post: What determines the class of a building and the class of a submarket?

Post: High IRR Multifamily Funds

Post: Syndication how to attract loan sponsor

Post: Looking for tips on how syndicators pitch investors

Post: Looking for tips on how syndicators pitch investors

Post: how to raise / work with a private equity firm?

Post: 99 Year Ground Lease - Los Angeles

Post: Public Facility Corporations - Multifamily