All Forum Posts by: William Kim

@Joel Florek thanks for the input Joel! Yeah, it’ll take some digging , DD and a lot of conversations and reading to ultimately get comfortable in investing w sponsors and deals. What type of investing do you typically partake in?

@Sarah Doogle thanks Sarah! i certainly appreciate that point. What type of real estate do you invest in? I assume you’d like to achieve FI someday as well? What are your goals?

@Michael Powell thanks Michael! I’ve seen references to these before. Are you a member of 506? What’s your experience with these resources?

@Ian Ippolito thanks Ian! This is a lot of valuable information and tips. One of the main reasons I love BP. I certainly align with you in that I’m looking to do maybe 1-2 deals per year initially but get to no more than a handful per year. I’d consider myself very conservative as well and think I would need to review sponsors and deals to find where my conservative values lie with respect to syndication deals (since I’m completely brand new). Are you a member of CrowDD or 506 Investors?

@Ed Matson thanks for the book suggestion!  will look into it.

@Alina Trigub Thanks for sharing your own personal approach to syndicated deals.  I agree that relationships/your network is one of the most vital pieces of the puzzle in real estate.  I'm hoping that while I collect as much knowledge as I can, I can create connections/relationships to foster and grow.  The market cycle piece does have me a bit worried as I've certainly seen the "good" returns people are claiming to receive from investing in syndication, but that was during the upward trend in the market.  Now that we're topping off, wondering what the risks look like and how that changes how the deals are structured.  

@Steve K. thanks for the link to the existing (recent) thread.  I'll look into that and take the advice I can from there! 

@Sam Grooms Thanks for your advice!  As I am just starting out here, I'll certainly need to conduct a lot of research into which city/cities I'll want to consider diving into.  How did you pull those big broker reports?  

@Ivan Barratt I certainly agree with you here that experience (in reading through deals) is invaluable.  How do you feel about crowdfunding sites vs. PE firms? 

@Aaron Taylor thanks for the name!  Hoping he can chime in as well to share a bit of his experience. 

I've recently become interested in the idea of investing in syndication deals due to its "active-passive" nature (and also diversification of my portfolio of course).  With any investment, I plan to conduct due diligence of the Sponsor and ask as many questions as I can (and plenty of people here have laid out helpful questions to "grill" a Sponsor with).  

And just for transparency here and to help with context (as I see many posts asking what an investor's "why" is), my goal is to one day have financial freedom (hopefully sooner rather than later) to enjoy more time with my family and friends and to create financial wealth to support my family for generations to come.  To achieve this goal, I want to become involved with real estate (have yet to make a first investment besides our primary residence) and the great community.  At this point, I will continue with my corporate career, so with that in mind, I don't want to add another "job" in managing real estate rentals though I would like to dip my toes into that realm some day.   This has led me to the idea of investing in syndication deals, which with the proper due diligence will allow my money to work for me while I continue with my current career.  

Now, to the main point of this post.  The idea of investing in syndication obviously appeals to me.  The trouble I am having and hoping people here with experience investing in syndication deals can help me with is knowing which private equity firms/companies to start off with in researching and doing my DD.  And I'd like to begin with multi-family/apartment deals.  Any feedback would be helpful! 

@Sam B.  Very motivational post and way to capture all of these details for each investment.  I agree with all the other comments that this is a great way to keep yourself motivated and on track towards your goals.  Way to meet and surpass them!  

As a an aspiring real estate investor who is still figuring out my goals and how I want to accomplish them, posts like this one are very nice to follow.  Helps me understand and see that we all can hit our goals through hard work and dedication. 

How much time do you think you spent finding each opportunity and managing it through to completion?  Reason I ask is I am leaning towards out of state investing and want to understand the work it takes to accomplish something like this.  

Thanks everyone for your feedback! Would you say that notes are your main strategy in investing or a smaller percentage in terms of REI? I think I'll focus mainly on rental properties, but would like to diversify my portfolio a bit.

Hi BP Community,

I recently listened to the podcast with David Van Horn on real estate note investing, which intrigued me as another investment avenue. I've seen a mix of comments regarding the note market being dry (no more inventory) and the ROI starting to come down from the 10-12% range.

As a relatively risk adverse investor, I am looking for suggestions/advice on the performing notes market, whether it's worth investing in now, and how I can expand my network to find reliable resources for such performing notes.  

Also, what are some services or platforms that provide notes for non-accredited investors?  

I appreciate any feedback and look forward to what the community has to say! 

Best,

William