Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Brian Adams

Brian Adams has started 38 posts and replied 943 times.

Post: How to find offmarket syndication opportunities with great GPs/operators?

Brian AdamsPosted
  • Syndicator of Large Apartment Buildings
  • Glen Mills, PA
  • Posts 1,007
  • Votes 1,630

@Carlos Ptriawan I am not sure what you mean.

Last deal I bought as a GP was a 1,000 unit deal and I know I am not a "worst possible operator".

Post: How to find offmarket syndication opportunities with great GPs/operators?

Brian AdamsPosted
  • Syndicator of Large Apartment Buildings
  • Glen Mills, PA
  • Posts 1,007
  • Votes 1,630

The GPs that are around here seeking investors from the BP community are the worst possible operators. They are seeking the most uninformed, beginner investor client possible to hand money over to them. Because anyone with sense and experience, wouldn't. 

@Melanie P. and how do you know the GPs on BP are the worst possible? 

That is a ridiculous statement. 

Post: 7 figure Flipping Vs Collective Genius Masterminds ?

Brian AdamsPosted
  • Syndicator of Large Apartment Buildings
  • Glen Mills, PA
  • Posts 1,007
  • Votes 1,630

@George Munoz if you are wholesaling or flipping homes, you should definitely join Collective Genius (CG).

CG is solid, message me for a contact person if you are interested.

I buy large apartment buildings and when I was a member of CG, there was a small group who played in the multi, storage and syndication space so it wasn't a fit for me long term.

Last deal I bought was a 1,000 unit apartment complex.

Post: Cost of coaching/mentorship

Brian AdamsPosted
  • Syndicator of Large Apartment Buildings
  • Glen Mills, PA
  • Posts 1,007
  • Votes 1,630

@Justin Pumpr I encourage you to think BIG!!

Post: Cost of coaching/mentorship

Brian AdamsPosted
  • Syndicator of Large Apartment Buildings
  • Glen Mills, PA
  • Posts 1,007
  • Votes 1,630

@Justin Pumpr this statement you wrote caught my eye "I'm not interested in having a billionaire dollar empire, I just want to have enough units to replace my W2 and live comfortably."

A great coach will help you unpack that statement, don't you deserve to have a billionaire dollar empire?

Post: Cost of coaching/mentorship

Brian AdamsPosted
  • Syndicator of Large Apartment Buildings
  • Glen Mills, PA
  • Posts 1,007
  • Votes 1,630

@Justin Pumpr many members on BP express their opposition to paying for coaching and believe that success can be achieved through the "free" route.

Is it feasible to attain success by opting for the free approach? Absolutely.

In my personal experience though, as well as that of many individuals I know, investing in coaching has led to remarkable achievements.

Having the right coach can make all the difference.

Post: Does anyone use Infusionsoft?

Brian AdamsPosted
  • Syndicator of Large Apartment Buildings
  • Glen Mills, PA
  • Posts 1,007
  • Votes 1,630

@Ruben Aguirre I realize this is an old post...I have used Infusionsoft for a long time, now known as Keap.

Over the years, I have utilized Keap's automation capabilities to build a strong investor list. This helped me raise $40 million in just one month for a 1,000 unit apartment complex project.

I was wondering if you ever decided to go with the Keap?

Post: Accredited Investor Verification Question

Brian AdamsPosted
  • Syndicator of Large Apartment Buildings
  • Glen Mills, PA
  • Posts 1,007
  • Votes 1,630

@Dan B. to qualify as an accredited investor based on income, you must have an individual income of at least $200,000 per year for the last two years ($300,000 if married and filing jointly), or a net worth of at least $1 million, excluding the value of your primary residence.

To verify your income, the Securities and Exchange Commission (SEC) requires that you provide documentation such as tax returns, W-2 forms, or a letter from a certified public accountant (CPA) confirming your income. 

If you have a combo of W2 and rental income, a letter from your CPA might work best.

Post: Who wants to buy a 770 unit value-add?

Brian AdamsPosted
  • Syndicator of Large Apartment Buildings
  • Glen Mills, PA
  • Posts 1,007
  • Votes 1,630

@Brian Dwyre I buy big deals, feel free to message me.

Post: Syndication

Brian AdamsPosted
  • Syndicator of Large Apartment Buildings
  • Glen Mills, PA
  • Posts 1,007
  • Votes 1,630

@Doug Teasdale

Congratulations on finding a potential syndication deal for a commercial building! It's great that you are interested in learning more about syndication and how to make this deal work. Here are a few recommendations to help you get started:

"The Complete Guide to Real Estate Syndication" by Brian Burke - This book provides a comprehensive guide on real estate syndication, including the benefits, risks, and different types of syndication structures. It also covers the legal and regulatory requirements, and practical tips on how to successfully execute a syndication deal.

"Best Ever Apartment Syndication Book" by Joe Fairless - This book is focused on multifamily syndication but provides valuable insights on how to raise capital, find deals, and manage the asset. It covers both the strategic and tactical aspects of syndication and includes case studies and real-life examples.

In terms of making this specific deal work, it's important to conduct thorough due diligence on the property and the market to determine the potential risks and rewards. You should also evaluate the financial feasibility of the deal and determine the best financing and investment structure for the syndication.

Assuming you have a deal, connect early with an experienced attorney (real estate and also a securities attorney) to ensure that the deal is structured properly and all legal requirements are met.

Overall, syndication can be a powerful tool for real estate investors, but it requires a deep understanding of the market and the financial aspects of the deal. 

I hope these recommendations are helpful in getting you started on your syndication journey, and I wish you the best of luck in your real estate endeavors!