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All Forum Posts by: Nathanael Greene

Nathanael Greene has started 6 posts and replied 17 times.

Good evening pat . I’m looking to network with wholesalers and realtors /investors . I live here in Slidell Louisiana and I would love to know when the next meet up will be in Gulfport and meet some new people!

I am talking about me being the person who finds the deals and gather investors . I would be the person syndicating the deal.

I have been learning a lot about syndication and deal structures. I am curious to know if investing in 100 units-150 units a year through syndication is reasonable or is that too much ,too fast? Is it feasible to do acquire 150 units a year and work my way up to let’s say 3,000 units? Of course I realize this would take time as in 20-30 years but I want to know if my idea and thinking is correct and attainable.

Post: ARV on a BRRRR property

Nathanael GreenePosted
  • Posts 17
  • Votes 2

Is there a way you can determine the ARV before you buy the property?

Originally posted by @Evan Polaski:

@Nathanael Greene, the issues is there is no set way.  Some do an 80/20 split right off the top.  Some do a pref+ carried interest.  Most will charge fees, but some don't.  I have seen one that essentially has a 20% pref (if you invest enough), but no upside in the deal.

I would search around for syndication structures, waterfalls, syndication fees, etc.  Most will charge an acquisition fee, asset management fee and disposition fee. You might see a loan guarantee fee and/or refi fee from time to time.  Then, most syndications will charge a pref 5-8% is most typical from what I have seen, and a carried interest above the pref 80/20 to 65/35, and maybe a second or third tier to raise the sponsors take over a return threshold

 Thanks for the information. That sorta makes sense.I am trying to make sense of everything I am researching,but what would be the best way to learn about real estate basics and get the education I need to learn and take action? Should I get a real estate license and become an agent so I can learn about the ins and outs of real estate? What ways have you been able to learn?

Originally posted by @Peter Nikic:

it's hard to take someone like you seriously when you have no information about yourself. No picture, no address ....

I understand that, but I also just signed up and am only 18 years old trying to figure this stuff out. Just a kid with a lot of questions:) 

I have been searching for ways to understand how to structure a deal for investors on a multi family apartment. What are different percentages or ROI as well as a ratio of ownership like 50/50 ,70/30 and other ways. I don't really understand how to go about telling investors and showing them how much money they will receive from the cash flow and how much I get back.

Post: BRRRR properties over the course of a year

Nathanael GreenePosted
  • Posts 17
  • Votes 2
Originally posted by @Todd Rasmussen:

@Nathanael Greene

I found six to be utterly exhausting. I don't know if you could build a sustainable growth model on 100 a year. I think you'd end up with so much overhead with an operation like that you'd have to run cash flow negative for several years. So if someone had that kind of capital, I don't understand why they would put it all into a BRRRR model instead of diversifying.

can you explain how 6 have been exhausting ? I'm new to this and I'm trying to figure out what a good amount is to BRRRR a year?