Invest with syndicators who have a narrow niche and proven track record.For example, if an operator has done 5 or 6 workforce housing value add deals in Dallas, and they are offering a similar deal now, that would be encouraging.if however, their current deal was a brand new luxury Class A building in Charlotte and this was their first acquisition in Charlotte and their first class A deal, as an LP I would pass.Find operators who do one thing and kill it in that space.Find operators who own or have gone full cycle with similar assets in the same market.For example, my firm, Spark Investment Group has a very narrow niche - sub 100 unit MF or BTR in Greenville SC.

Quote from @Jonathan Chan: Hi All,I first joined biggerpockets back in 2020 when I decided to get into real estate.

With the HELOCs now set, we are curious as the best way to approach getting pre-approved for our first property while we search for the right fit.

I’ve reviewed a number of theses DST’s across numerous asset classes  and there performance /returns are generally fairly low and unimpressive. 

In my experience, it is worth simply reaching out to your realtor first. 

Be very careful with this as a first time project! 

It’s awesome to see your excitement for real estate investing, and congrats on your first land sale, that’s a great milestone!

Im no legal expert but belief if you get foreclosed on 2nd home and you still owe money they can come put lien/go after first house.

@Kevin ApolinarioCongratulations on taking the steps toward your first real estate investment!

My first multifamily purchase was my 34th acquisition and my first multifamily syndication was my 103rd acquisition (and wasn't my second multifamily purchase, either).