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All Forum Posts by: Mary F.

Mary F. has started 0 posts and replied 7 times.

Post: NRIA - National Realty Investment Advisors

Mary F.Posted
  • San Francisco, CA
  • Posts 11
  • Votes 5

Just to close the loop on this:

They've filed for bankruptcy.  https://www.barrons.com/articl...

(Behind a paywall, unfortunately.)

Post: NRIA - National Realty Investment Advisors

Mary F.Posted
  • San Francisco, CA
  • Posts 11
  • Votes 5

Well, how interesting.

Feds: Secaucus portfolio manager charged with wire fraud, aggravated identity theft

https://hudsoncountyview.com/f...

Post: Apartment Syndications: Start small or Go big?

Mary F.Posted
  • San Francisco, CA
  • Posts 11
  • Votes 5

Notice that the people who suggested you start small are all highly successful...maybe they're on to something?

"I mean, why should I learn to ride a bike if my ultimate goal is to fly?"

Let me give you a better analogy.  

Why should I learn to fly a Cessna 152 when my goal is to fly an Airbus A380?

Because you're not going to find 525 passengers (investors) to get in the plane with you if it's your first time in the cockpit, but you may be able to find 1 for the 152.

Your enthusiasm and can-do mindset are wonderful, but as they say in the study of Logic, they are necessary, but not sufficient, conditions. 

Post: Syndication Sponsor Shenanigans

Mary F.Posted
  • San Francisco, CA
  • Posts 11
  • Votes 5

@Andrew Sol And if what you suspect is indeed what is happening, please come back and name the sponsor.

Originally posted by @Brian Burke:

 I’ve even written some, just click through to my profile and there is a link to see all of the articles I’ve written for the BP blog (sorry, I have no course or book to sell you).  Also listen to some of the BP podcasts that talk on the subject. 

 You should rectify that sometime soon, no?  :)

Post: Want to get into multifamily passively

Mary F.Posted
  • San Francisco, CA
  • Posts 11
  • Votes 5

As an accredited investor, you can find MF syndication deals/funds on RealCrowd and Crowdstreet. Unlike many other CF portals, these are purely listing sites. In other words, the sponsors pay to list their offerings but the sites have no input or investment in the offerings. You may find something like you're seeking there.

As one of the poor folks who couldn't get @Brian Burke to take my money for this deal (too far down the wait list!), I'm curious how it's going. Have you decided on your exit strategy yet?