All Forum Posts by: John Fortes

@Roni Elias thanks and appreciate the support.

Appreciate the love @Brian Briscoe! I share the same sentiments about you and Taylor. I met Taylor in Boston at a conference last year and had good conversation. 

Always enjoy our conversations as well Brian!

The Passive Investor Show airs twice a week where John Fortes interviews real estate experts about the fundamentals about passive investing. 

The show was designed to help working professionals understand that they don’t have to create another job to create another stream of income. 

We all understand real estate but not all of us want to be landlords, so we created the audio experience for the passive investor so they can understand the hands-off approach to investing in real estate.

www.passiveinvestorshow.com

I'm sure you can get some expert legal advice on the con's of structuring a JV in the explanation you posted.

A syndication is a group of investors (limited partners) placing capital in a deal that is led by a team of experts (operators, syndicators, general partners or sponsor (pick a name of your choosing). 

General minimum in deals is $50k. Just educate yourself on the model and common practice. There is no shortage of information out there. Go get em!

Happy investing!

Quick options that come to mind for investing passively are private lending and syndication investing. Turnkey still has some active role but not a huge time commitment. Private lending can become active if the lender fails. Syndications allow you to leverage the experience of an operator with a team already. 

True financial wealth is achieved when passive income outpaces your expenses. Play the long game!

Happy investing!

Definitely a question to talk to your CPA about but @Natalie Kolodij has provided some color on the topic. 

If you are seeking to invest with a syndicator, have you researched an operator that is still working with non-accredited investors? I'm sure there are plenty out there. 

@Terrance Hall consult with an attorney when structuring such.

@Taylor L. Does a great job describing what you are offering to investors and offers a better resolution.

Good luck to you and Happy investing!

Great question and I'm sure everyone has provided a great response based off their personal experience. I plan to be a bit more generic. 

First, don't ever mention the total dollar amount unless you are prepared to be pounded with personal messages. Just be as plain Jane as you can. 

Investing options based on time value:

Fix and flip: If you have the time, could be a good way to make some extra coin on your capital, fast. Downside is constant managing and on site to make sure the job is being done to your expectations.

Buy and hold single family or small multifamily: If you have to fix it up a bit, its almost similar to a fix and flip if its local to you but if its in another state you can achieve it buy a trusted property manager (PM). If its a turnkey, you can rely on the PM to help manage and update you accordingly. Manage the manager and set expectations. 

Investing in a syndication (commercial offices, multifamily apartments, storage, mobile home parks): Vet your sponsors and once you understand the process, you can review the monthly updates and quarterly finances. Your risk is spread out through a bunch other investors and you don't have to manage the asset because you are leveraging experienced operators. Downside is you are not in control of the decisions but the trust sponsors who are operating it are. Pick wisely. 

Hard money lender (lend it out to flippers): Be the bank and lend it out to a flipper. If they default you can take over the asset but now you are in charge of completing the renovations. 

30,000 foot overview but captures the good and bad points of each. Hope this helps and happy investing!

@Erin Dorsey Robinson great question!

Growing passive income is a process. You might start slow on your first one or two but as you keep the ball rolling, you will notice the compound effect.

This is different for everyone pertaining to the capital in each deal. All depends on what your investment vehicle of choice is and how much you choose to invest in each opportunity.

Happy investing!

@AJ Jordan in most instances where rehab or occupancy doesn't meet traditional financing, a bridge loan is used over a hard money loan unless the asset is purchased fully in cash.

Hope this helps you understand it better

Happy investing!