All Forum Posts by: Jered Sturm

Cristina S. Getting started can be hard. No one path is correct and everyone has different goals and abilities. At the Meetup I host mentioned above you can meet others in the realestate space and take pieces of what they are doing to build your own right way. In addition to the suggestions above I would add you may want to look into investing in a syndication. You still own the realestate(or a portion) so it carries all the same benefits you’re looking for. Typically equal or greater returns that a newbie could produce on their own. while letting the pros do all the leg work. It’s work a google. Hope to see you at the Meetup.

@Account Closed as it has been said above the sponsor can be more important than the deal. A bad sponsor can take a good deal and make it crash and burn. On the other hand a good sponsor can take a mediocare or even poor deal and make it exceptional. As mentioned track record is the easiest indicator of this. 

Sydication is a partnership while one side is passive and the other active it is a partnership nonetheless. It is my belief the vetting process is to be catered to the parties in that partnership not just a industry norm. 

When forming that business relationship the role of the sponsor is to ensure the the investor is fully aware, capable and comfortable with the sponsor and than the deal. Even If this takes one call or 5 years. 

I have actually had an investor say "would you be comfotable if I contacted your parents as a refrence?" All though I thought it strange I agreed. When I asked why he wanted this in addition to our other refrences he responded "If your own mother wont give you a good recomendation than I know I dont need to look further".  The point of the example is there is no right way. Only that we make sure all parties are comfortable with each other. If that can't happen than capital should not be exchanged. 

Something else to consider in that process is how the track record was built. Did the sponsor grow and learn on thier own dime before rasing capital or did they test the waters with other peoples money. Here is an article I wrote on the mindset I believe should be adopted by those raising money. If you feel a sponsor doesnt have this I'd avoid. 

As most others are responding yes it matters but what you also have to consider is the future implications an aging property carries. I went from a construction background to multifamily investor and syndicator so you would think I would be the one trying to get 70+-year-old properties because I know how to fix them. But it is my belief there is a bigger trend that will hurt maintenance heavy properties more than it will newer less maintenance demanding properties and that is the rising cost of labor specifically in the trades. Check out an article I wrote for BP on this below:

https://www.biggerpockets.com/renewsblog/shrinking-skilled-labor-force/

Hey, Everyone! Friendly Reminder: The Monthly Northern ATL Real Estate Meetup is Tuesday (9/26) night starting at 6:30 p.m. I hope to see you all there!

This month @Nicholas Armstrong will be sharing his awesome story on how he has grown his real estate business to the point he has left his full-time job. The amazing part is he did all of this in his early twenties with 4 kids! this guy is motivational!

We have had great turnout thus far with most attendance counts being 80-90 people and great success from the group. Through this group, I have seen people buy and sell deals, find financing, partner and grow their business through this non-sales, organic growth focused group. Whether you're just starting or have done thousands of transactions there are like-minded people to meet and grow your business. After attending the group in person there is a private online group where only in-person attendees can join. On this online group, people share useful information, Recommendations and even available deals to purchase.

Keyword Alerts: meet up, Kennesaw, Marrietta, Smyrna, Atlanta, Northwest Atlanta, North Atlanta, ATL, Cobb County Georgia, Paulding County Georgia, Fulton County, Dekalb County, Forsyth County, Cherokee County. Clayton County, Meet up, Networking, Mastermind, ITP, OTP, Buy and Hold, Flipping, Wholesale, Single family, Multifamily, Apartments.

Another great meet up in the books. Last night we had 120 people join together to learn and share about real estate investing. Awesome to meet so many locals that are active in the Atlanta, and surrounding markets!

Keyword Alerts: meet up, Kennesaw, Marrietta, Smyrna, Atlanta, Northwest Atlanta, North Atlanta, ATL, Cobb county Georgia, Paulding County Georgia, Fulton County, Dekalb County, Forsyth County, Cherokee County. Clayton County, Meet up, Networking, Mastermind, ITP, OTP, Buy and Hold, Flipping, Wholesale, Single family, Multifamily, Apartments.

Hey, Everyone! Friendly Reminder: The Monthly Northern ATL Real Estate Meetup is tomorrow night starting at 6:30 p.m. I hope to see you all there!

This month Terry Burger will be giving an awesome presentation on how he has been so successful in his marketing over the years. 

We have had great turnout thus far with most attendance counts being 80-90 people and great success from the group. Through this group, I have seen people buy and sell deals, find financing, partner and grow their business through this non-sales, organic growth focused group. Whether you're just starting or have done thousands of transactions there are like-minded people to meet and grow your business. After attending the group in person there is a private online group where only in-person attendees can join. On this online group, people share useful information, Recommendations and even available deals to purchase.

Hey, Everyone! Friendly Reminder: The Monthly Northern ATL Real Estate Meetup is tonight starting at 6:30 p.m. I hope to see you all there!

We have had great turnout thus far with most attendance counts being 80-90 people and great success from the group. Through this group, I have seen people buy and sell deals, find financing, partner and grow their business through this non-sales, organic growth focused group. Whether you're just starting or have done thousands of transactions there are like-minded people to meet and grow your business. After attending the group in person there is a private online group where only in-person attendees can join. On this online group, people share useful information, Recommendations and even available deals to purchase.

This month Jered Sturm will be giving a brief presentation that you won't want to miss!

The weather is beautiful and it's hard to take an evening away from all the fun summer activities, but if you want to learn and grow in real estate investing this is the best 2-3 hours you will use meeting other local like-minded people in person.

I look forward to seeing you all at 6:30 PM

looking forward to seeing everyone tonight at 6:30 pm! For anyone new, I have attached parking instructions below. 

PARKING INSTRUCTIONS.

Hey, everyone. We seem to have a lot of interest! The venue is directly across from perimeter mall. The address is 2 Ravinia Drive, Suite 105, Atlanta, GA 30346. GPS should get you really close. For addition assistance below you will find parking instructions:

@Travis Ingle I own several apartments. I also Live just north of ATL and started a meet up that has about 100 local investors that meet the last Tuesday of each month at 6:30pm just across from perimeter mall. 

Check out the details here:

https://www.biggerpockets.com/forums/521/topics/392511-monthly-northern-atlanta-real-estate-meet-up-mastermind