All Forum Posts by: Account Closed

@Ivan Barratt do you have any links to some literature on a deal like you are talking about? Thanks for the info!

@Alina Trigub do you know the best way to go about researching options 2 and 3 from your post? I assume you can invest in national or state deals, depending on preference?

@Alina Trigub thanks so much for the info! Would love to hear from Dave as well. I’m sure I will have more questions on this!

Hi, I have a lot of owners in my area that are interested in selling their property, but as you can imagine, the potential hit of taxes tends to deter them from pulling the trigger. I have begun to consider the idea of finding syndication deals for them to 1031 into as passive investors. I felt this could be a solid option for those wanting to get out of the day-to-day ownership aspect of RE while still investing in the industry.

What would be the best way to go about finding legitimate/accredited syndication deals like this? I would be looking for syndications that have a solid history of good performance and would not be open to small start-ups. What are indicators that I should look at when analyzing these? Any suggestions would be greatly appreciated!

Thanks in advance!
 

@Daniel Townsend my pleasure. Feel free to reach out if you have more questions. Good luck!

@Daniel Townsend A lot of your structuring also depends on the involvement of the partners. For instance, early on in my investing I partnered with a guy on several rentals and contributed $0 by being the boots on the ground (I provided the off-market searches for property, project and property management, and all day-to-day tasks to keep up the property). It was to the advantage of us both because when I jumped into this after college, I had very little in terms of liquid cash, but a lot to offer in terms of time, effort, and market knowledge. My partner was flushed with cash but was not real estate savvy and was running a compound manufacturing business full-time. It helps looking at both sides, analyzing the numbers and when you come up with something, put the shoe on the other foot and ask if you would go for this if you were in that persons position. It's at least a good place to start. But partnering on rentals is how I've been able to finance my own deals now. Good luck!

@Mike Alber Welcome to investing! As for your post, it depends on what specifically you're looking for when it comes to your investment strategy/goals andareas you're looking it, etc. I have a lot of contacts in the market here and would be happy to help!

@Ariel Kumpinsky personally, I’d rather own an appreciating asset so I can collect income, have a piece of the upside in equity and be able to depreciate it. It’s a no brainer for me. A little more involved but I think it’s worth it.

@Matthew Kelley let me know where in Columbus you are looking to have property managed. I have a few suggestions based on the type of product.

@Chad Kolinsky thanks so much for your insight here!