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All Forum Posts by: Account Closed

Account Closed has started 4 posts and replied 42 times.

Post: Approaching Physicians to Invest in Syndications

Account ClosedPosted
  • Oxnard, CA
  • Posts 44
  • Votes 12

@Marc C @Joe Fairless @Bryan Hancock  @Ryan Cox

You guys get it.  Thanks

Post: Approaching Physicians to Invest in Syndications

Account ClosedPosted
  • Oxnard, CA
  • Posts 44
  • Votes 12

@JR T Of course, I would hire a securities lawyer.  I have no interest in going to Federal Prison for doing this incorrectly.   

Post: Approaching Physicians to Invest in Syndications

Account ClosedPosted
  • Oxnard, CA
  • Posts 44
  • Votes 12

Ex. I'm pitching an idea that "purple lightbulb" need to be installed all over the the city of Los Angeles.  There is a need for this in the market for the following reasons:  

1.  Purple is loved my many

2.  This is a problem that needs to be addressed by the market, because well purple shows better in the bright sunlight.

3.  We have extensive experience making these in Asia., and their a hit.  

If you see this a great idea, then lets me for coffee.  

That's the essence of my pitch book.   Here's the problem in the market, here's how we can address it, and here's the potential to make some money.  IF you think it is a good idea, let's have another meeting to generate interest. 

Post: Approaching Physicians to Invest in Syndications

Account ClosedPosted
  • Oxnard, CA
  • Posts 44
  • Votes 12

@Tom Scott

Yes, a syndication is a security. I understand that. An idea/pitch book is not.  

Post: Approaching Physicians to Invest in Syndications

Account ClosedPosted
  • Oxnard, CA
  • Posts 44
  • Votes 12

I don't think I mentioned anything about offering documents, subscription agreements, or investment questionaires.  All I have is a idea.  All I am trying to do is generate interest, and get potential investors lined up for when I find a deal.  I figure most beginning syndicators find a great deal, and then have no idea where to find the money.  They lose out on the deal, and get a bad rep for not being able to close the deal.  

My idea mentions nothing about concrete about returns; Do you mean to tell me those guys that are pitching ideas on "Shark Tank" are offering securities?  

Post: Approaching Physicians to Invest in Syndications

Account ClosedPosted
  • Oxnard, CA
  • Posts 44
  • Votes 12

I am an aspiring real estate syndicator looking to invest in apartment buildings around major universities, and renting them out to a niche group of university students. Based on my research, I feel this is a group that is often not really marketed to by universities and or developers. I'm creating a pitch book that highlights my investment strategy. Of course, in a syndication the investor has a passive role because they do not participate in the day to day management, and invest only some capital. Additionally, I would have some of my own capital invested in every deal. About 100K.

What is the best way to approach physicians about my investment strategy? Do you think physicians or other high net worth individuals would be receptive to receiving the pitch book by mail, or email? I'm just trying to figure out ways to grow my potential investor base before finding a good deal for us to invest in.  FYI, I would not be marketing a security here, just an idea.  

Post: Value add deals for small apartment building still there?

Account ClosedPosted
  • Oxnard, CA
  • Posts 44
  • Votes 12

Oh yeah, those opportunities are still out there.  There's a guy on here that's doing exactly that, and he's really, really successful.  His name is @Gino Barbaro. Nice guy, too!!

Post: Looking for apartment owners in Phoenix

Account ClosedPosted
  • Oxnard, CA
  • Posts 44
  • Votes 12

thanks @Carlos Gonzalez

Post: Looking for apartment owners in Phoenix

Account ClosedPosted
  • Oxnard, CA
  • Posts 44
  • Votes 12

Who is your real estate agent?  

Post: Seller lied about rent roll & building condition, best recourse?

Account ClosedPosted
  • Oxnard, CA
  • Posts 44
  • Votes 12

You may be able to sue if the purchase seller agreement has a clause about fraud.  Other than that, it's an expensive lesson.