All Forum Posts by: Johnie Hsu

Hi all, I'm in the process of forming a LLC. I've noticed that most multifamily syndicators have named their LLC's with the word 'capital' behind their main company name, is there any benefits or special purpose for that? Compare to using 'properties', 'holding' or 'real estate'? Thanks

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@Charles Seaman Hi Charles, I'm interested also, already sent you a dm. Thanks

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Quote from @Lucia Rushton:

@Charlie Rushton will reach out to connect.

thank you Lucia!

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Quote from @Justin Moy:

The good news is since you've been a successful broker for 9 years, you already know how to do this!

It's about prospecting. Except instead of prospecting homeowners in your farm you're prospecting operators. Make contacts with as many operators as you can. Tell them what you'd like to do, I highly doubt anybody will flatout turn you away, but they also won't jump on the opportunity to bring you on.

First time capital raisers almost never raise as much cash as they feel they can, so it's likely they'll be hesitant to bring on someone new who may not be reliable, but you should have a long term follow up strategy for these operators you want to work with, continue building the relationship, maybe invest in a few of their deals yourself so you can vet them, their process, and go from just someone who wants a slice of the GP to someone who is actually one of their investors.

Thanks for the advice!

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Quote from @David M.:

@Johnie Hsu

I don't know directly, but probably like anything else. Just keep calling around, networking, going to your local REIA, etc. However, I think with any other business people aren't willy-nilly looking to add partners --- you don't want too many "chiefs." One way might be to have your own leads.

Have you done any of your own investing? Do you know how these large syndications work? The SEC related issues? etc.? Is that what you are looking to learn?

Thank you David for your suggestion. Yes, I know how these large syndications work as I've been educating myself in the last few months. I'm trying to put these "knowledge" into real life deals. I agree with your point on partner finding, I'll definitely be aware of that. thanks again

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hi all, my name is Johnie from New York. I have been selling real estate here in NYC as a broker for 9 yrs and I have a network of potential investors that I can raise capital from for multifamily deals. I'm eager to break into this apartment investing business. I wonder if I can get co-GP opportunities if I were to be able to help raise capital? It seems like established multifamily investors already have an extensive network of investors in their pipeline. Any suggestions on how I can provide enough value to these established investors so I can get involved in their next projects and start gaining hands on experience on multifamily acquisition side of business?

Any input would be greatly appreciated.

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All Forum Posts by: Johnie Hsu

Johnie Hsu has started 2 posts and replied 9 times.

Post: Why is the word 'Capital' in LLC Names so common?

Post: Why is the word 'Capital' in LLC Names so common?

Post: Why is the word 'Capital' in LLC Names so common?

Post: Why is the word 'Capital' in LLC Names so common?

Post: Practice underwriting deals

Post: how to get co-GP opportunities as capital partner in multifamily?

Post: how to get co-GP opportunities as capital partner in multifamily?

Post: how to get co-GP opportunities as capital partner in multifamily?

Post: how to get co-GP opportunities as capital partner in multifamily?