All Forum Posts by: Percy N.

@Jay Hinrichs, that is a good idea. One would have to think through the potential liability issues.

There are some invite only accredited investor groups (not sure I am allowed to mention the name) that informally share DD. I also belong to an Angel investor group that "syndicates" investments in early stage companies.

Not sure what an investor would be willing to pay for a service such as this, but I am sure the return would be higher if we can participate as equity partners in the deal. I think many syndicators offer coaching programs as a deals to increase deal-flow.

@Barry Je, @Michael Le pretty much nailed it.

I would say you could also get the help needed by partnering with an experienced sponsor.

Looks like a great event @Dave Van Horn, hope to be there!

Folks in Montgo may also be interested in the DIG (Diversified Investor Group) meeting who's Montgo/Chester county subgroup meets once a month in Oaks.

Other subgroups meet in Conshohocken, Philly and the main meeting takes place in Ambler.

 Orita, I was faced with the a very similar question a few years ago, the answer is more complex and depends on your goals, so I decided to write a blog post about it to shed some light on the criteria I used in FInding a good home for my capital  - https://www.biggerpockets.com/blogs/10305/67660-fi...

As for leverage, I too purchased properties all cash in the beginning, but in retrospect, I would use some leverage, not crazy amounts but something you are comfortable with, for me that would be around 60-70% ARV. A cash offer may help you get the deal but a hurts your IRR, so a compromise might be refinancing a few months after purchase (use a commercial loan or wait for the seasoning period).

Cheers

Percy

@Ashvin Dewan, does the entire parcel of land need to be sold or can it be sub-divided so that you can sell a portion and take additional risk with a portion?

It sounds like you are very bullish on the future value of the land, in which case I would just wait it out to see if the equity split improves or tell the lead builder you are considering other offers with better terms.

@Jake Calle, does the radio station need any special kind of equipment (antennas, etc) which may require zoning or township or FCC approval?

If the members in the LLC are passive, it would technically be considered a syndication and would require you follow Federal and State securities law (e.g. Rule 506 of Reg D).