All Forum Posts by: Kelsey Anthis

I'm thrilled to be here and connect with so many like-minded professionals! My name is Kelsey Anthis, and I'm currently focused on wholesaling with big goals for the future. I hope to one day expand into a nationwide wholesale real estate operation and eventually open a local brokerage that partners with local realtors in every state we operate in. My vision is to create a model that leverages local expertise, giving us the ability to serve each unique market effectively and ethically.

In addition to wholesaling, I’m excited to dive into land, multifamily, new construction, and commercial real estate. I’m working hard to build my knowledge base and network in these areas and would love to learn from anyone experienced here!

What I’m Looking For

💡 Feedback & Advice: How would you recommend structuring a nationwide operation with local realtor partnerships? Is there a model you’d suggest?

🌟 Business Model Inspiration: I’m particularly interested in models like Opendoor’s, where they streamline and simplify the process for sellers. I’m curious about adapting this approach for wholesaling and partnering with local brokers. If you have insights into how I could structure something similar, I’d love to hear them!

💬 Connections: I’m here to learn, grow, and hopefully provide value to others. If you’re a developer, broker, or wholesaler working with land, multifamily, or commercial properties, I’d be thrilled to connect!

Thank you for having me in the community, and I look forward to collaborating and learning from each of you!

1 Vote

Indianapolis, Indiana

Quote from @Don Spafford:

@Kelsey Anthis I'll be happy to connect with you and give you some ideas or advice. As mentioned above, one of the best things you can do is to network. There are many virtual meetups that take place every day where you can meet and network with deal sponsors and experienced investors, and fund managers, who will be happy to talk with you and share their experience with you. There are also many coaching or mentorship groups, some better than others, and options for lower budgets and for those who want to go all in. Much of that will depend on your resources and time to dedicate to all of that. Personally, I am a GP or partner, and LP, in several areas such as RV Resorts, build to rent MF, build to sell SF homes, a business acquisition fund, a hotel resort in Costa Rica, and more!

Hi Don, thank you for the offer to connect! I’d love to hear more about your experience and get any advice you’re willing to share. It sounds like you have a wealth of knowledge across a wide range of investment types, and I’m especially interested in understanding the different strategies for projects like RV resorts, build-to-rent multifamily, and even international investments like your hotel resort in Costa Rica.

I’ll also look into some of the virtual meetups and mentorship options you mentioned. Networking with experienced investors like yourself is invaluable, and I’m eager to learn as much as possible.

Feel free to reach out to me on Facebook or Instagram as well—I'm not totally sure how messaging works here yet since I’m new to the forum, but if you message me directly, I should see a notification. Otherwise, connecting on social media might be the easiest way. Looking forward to chatting soon and learning from your experiences!

1 Vote

Quote from @Timothy Abbott:

Great to see your enthusiasm for multifamily investing and syndications—it’s an exciting space with a lot of potential! Starting with a solid foundation of knowledge is key, and it sounds like you're off to a fantastic start. Talking with a real estate fund is a smart move, and it'll give you valuable insights into how syndications and funds work from the inside.

Here are five tips as you dive in:

Ask about the team's track record and investment strategy in any fund or syndication you're considering. It’s important to see if their approach aligns with your goals.
Learn about the key metrics that make a multifamily property a good investment, like cash flow, cap rates, and value-add opportunities.
Network as much as possible—a big part of success in this space is who you know.
Network as much as possible
Network as much as possible

Here are four books I'd recommend for you:

The Hands-Off Investor by Brian Burke
Legal Strategies for Everyone by Mauricio J Rauld
Tax Strategies & Advance Tax Strategies by Amanda Han & Matthew Macfarland
Best in Class by Kyle Mitchell & Gary Lipsky

Feel free to reach out if you ever have questions. There’s a wealth of knowledge here in the BP community, so you're in the right place! Wishing you the best on this journey—keep us posted on your progress!

Hi Timothy, thank you so much for the encouragement and these fantastic tips! I’m definitely focusing on building a strong foundation, and it’s great to know what to prioritize when evaluating funds and syndications. I’m especially interested in learning more about investment strategies and key metrics for multifamily deals, so your insights on cash flow, cap rates, and value-add opportunities are really helpful. I also agree that networking is essential in this space, and I’ll make it a priority!

I appreciate the book recommendations, too—they look like exactly what I need to dive deeper into real estate investing and tax strategies. I just ordered them now. I’ll keep you and the BP community posted as I progress. Thanks again for sharing your knowledge!

1 Vote

Quote from @Evan Polaski:

@Kelsey Anthis, are you looking at being the GP in a syndication or fund of funds? Or are you looking to be an LP?

I would be happy to connect directly, but it is good to know which avenue you are looking to explore.

High level, commonly people think of a syndication as direct into a deal. The pros of this structure is you can see exactly what you are investing in and perform due diligence on it. Downside is your returns are purely dictated by that one deal.

Fund: multiple assets owned through a single investment. Pros are diversification and the anticipated lower risk associated with having multiple assets in multiple submarkets, different tenant base, possibly different business plan, etc. Cons, you are really trusting the sponsor to buy the types of assets you expect. You often go into these prior to any deals being bought, so you can't perform any asset due diligence prior to closing.

Fund of Funds: in theory this should be an investment into a fund, which is then allocated into multiple different Funds. More commonly, it is a fund that goes into multiple offerings, maybe some funds, maybe some single asset holdings. Most commonly, these are really feeder funds where you invest through an intermediary into a specific deal. Pros: if truly invested in multiple offerings or funds, diversification. Possibly, the fund of fund manager knows what they are doing on due diligence and is providing an added lay of analysis before placing your money into the investment. Cons: middleman structure, with a second layer taking fees, additional costs, etc. This is a common structure these days for unlicensed people to give investment advice and collect fees/share of profit from underlying GP. Can create a conflict of interest.

Feeder Funds: as mentioned above, this is likely more of what you will see within the biggerpockets sphere of influence and all the linkedin "passive income" and "mailbox money" types. Pros: like single asset syndication, you are being pitched a deal, so can do your own DD. Potentially lower minimum than main GP allows. Possibly added layer of analysis. Cons: middleman structure. No diversification. Second layer of costs. Possibly being marketed by someone that knows less than you about investing.

Hi, Evan! Thanks for the detailed breakdown; that’s incredibly helpful! Right now, I’m exploring both GP and LP roles to understand the pros and cons from both perspectives. Ultimately, I'm leaning toward building enough experience to take on a GP role in the future, but I’m also interested in LP opportunities to start building my portfolio more passively.

It sounds like you have a lot of experience in this space, and I’d love to connect directly if you’re open to sharing more about the challenges and opportunities you’ve seen in each of these structures. Any guidance would be much appreciated, especially as I figure out which path aligns best with my goals.

Thanks again!

0 Votes

Hey BP Community! 👋

I’m new to real estate investing and have been working hard to learn everything I can about multifamily investing 🏢. I’m also going to be talking with someone from a real estate fund soon to learn about syndications and fund of funds 💼, which is a big goal of mine.

Even though I’m just starting, I’m dedicated and eager to connect with people experienced in syndications or multifamily investing. I would really appreciate any mentorship or advice as I move forward on this journey.

Anyone willing to share some knowledge? 🕊️🌎

0 Votes

Hi BP Wholesalers! 👋

I’ve been studying real estate and have done some wholesaling, but now I’m transitioning my focus to multifamily investing 🏢. I’m hoping to connect with people who have experience in this space and can offer guidance as I make this shift.

I’m also excited about an upcoming opportunity to speak with someone in a real estate fund 💼. My long-term goal is to get involved in funds, but I know I need more experience and knowledge.

If anyone here has experience with multifamily deals or even working with real estate funds, I would love to hear from you! 🙌 Looking for mentorship and advice as I take the next steps in my real estate journey. 🕊️🌎

0 Votes

Indianapolis, Indiana

All Forum Posts by: Kelsey Anthis

Kelsey Anthis has started 3 posts and replied 6 times.

Post: 🚀 Excited to Join and Build a Nationwide Real Estate Operation! 🚀

What I’m Looking For

Post: New Investor Interested in Multifamily and Real Estate Funds

Post: New Investor Interested in Multifamily and Real Estate Funds

Post: New Investor Interested in Multifamily and Real Estate Funds

Post: New Investor Interested in Multifamily and Real Estate Funds

Post: New to Multifamily—Seeking Guidance and Mentorship