All Forum Posts by: Ray Hernandez

@Will Barnard Sorry for the late reply, just getting over a cold.

Good point. I'm pretty inexperienced. Depending on how good the returns are when I find the right sponsor and I start to get a feel for everything I may or may not go out there and try finding deals myself. How passive syndication is is pretty amazing!

And I'll start looking for referrals. I'll have to ask around to find someone without an agenda.

@Alina Trigub Thanks for the info! I'm wondering whether I should try to find 2 great sponsors and invest between them instead of just 1. To compare the returns and diversify a bit. Or find 1 sponsor and invest a lot there and then try lending a bit. And thanks I'll be sure to pm you if I have any more questions, I usually do lol.

@Brian Garrett I'd just want to keep it long term so building my own portfolio does attract me but then I miss out on all the expertise of syndications and best markets. So much to consider lol.

Thanks for the reply!

@Mike Krieg thanks for the kind reply!

However, I'm still struggling with whether I should find a syndication or invest directly. While syndications are far more passive I wouldn't want to sell an asset after the typical 5 years. I'd want to keep it for as long as possible and let it cash flow.

But with syndications I do get access to big deals, the best markets and all the expertise I'd need. I truly don't know which path to go right now. If you had to pick one or the other for the time being would you still go with syndication? I just want my money making the most it can.

Sorry for such loaded questions lol. I'm pretty confused. Thanks for all your insight!

@J. Robert Santos Yeah I'd have to start purchasing re first then upgrade.

@Account Closed I don't have extensive experience so I'll make sure to stay away! I'll keep learning about buy and hold, syndication and lending.

Thanks for all the feedback, everyone!

@Jay Hinrichs Ah okay thanks for clearing that up. I suppose if the return is high enough I wouldn't mind using the broker.

@Will Barnard Thank you for your honest advice! Means a lot to me.

Yeah I can't believe I hadn't thought about the little to no tax advantages with lending. I was so focused on the liquidity of it. 

I'm very interested in apartment complexes and have been trying to learn as much as I can about investing in them. That said, if you were in my shoes would you advise looking into syndications or trying to find deals to buy and hold myself? I have the time to try and find deals myself so that's not necessarily a problem. I don't mind if I'm not 100% passive. Just want some good returns.

But doing both does seem like a great way to diversify. I get the tax benefit of rentals and more liquidity of lending. Good idea. And yeah I have tons to think about lol. Thanks for giving your input!

@Jay Hinrichs Thanks for commenting! I truly appreciate it.

As for lending here in ca I didn't know that. I can try and see if there is that small carve out you mentioned but if not would you recommend me putting my capital to some multifamily prop? I'm still pretty unsure what to do. I just want to make sure it's put to use as best as possible.

I'm sure I can ask where's the best place to put my money in re to 100 different re folks and probably receive 100 different answers but I am curious to what someone of your experience would have to say.

@Chris Mason I've seen him around the forums but didn't know how extensive his background was! Wow! I'll try and get some advice from him since he really has seen and done it all lol.

@Chris Mason Lot to think about! I'll have to find out about all these laws/rules before I attempt anything. 

@Steve Kontos I certainly will, Steve!