These syndication educators teach you underwriting, give you lists of brokers, recommend you increase your social media visibility and are provided techniques and tools to raise capital.

My tenant friendly market (San Diego) has long term housing shortage that the tenant friendly laws mostly act as a balance of power. 

A 24x24 shell with no heat or insulation and 15 amp power can rent for $600 a month.

@Robert MorrisI have seen this technique done by an older landlord/mom and pop owners of C class properties but it worked well for them because they were in a 20-50 unit range of properties that they were self managing - they were also local to their properties.

You have to have the staying power to ensure you’re still “in the game” after a bad run.  

If you can find people that are that stupid, to be a co-signor on anything, more power to you.

With $175k, their buying power is now only $875,000 with 20% down.($175,000 / 20% = $875,000)Of course, the buyer can put less than 20% down and pay private mortgage insurance, but let’s say they really want to put 20% down.As a seller, you have now reduced the pool of buyers who can pay $1M for your home since the buyer needs to save more money to reach a $1M purchase price.So, would you rather make $875k and “save” money on commission, or make $975k and just pay their agent?

Hey @Tony Thomas, I won't speak to the tax side (not a tax pro) but from a bookkeeping perspective, this will complicate your operations (and, bookkeeping as a result) quite a bit.So, ensure you have super powerful incentives from an REI-savvy attorney and an REI-savvy tax advisor prior to making this move.Some of our Clients have implemented this in the past (prior to working with us) and their businesses weren't large enough to justify the complications that come with this type of structure.Hope that helps!

It's a powerful and user-friendly tool that has made a huge difference for me.

Pooling resources with others is one way to increase your buying power (and potential returns) and is something I am seeing more and more of in my day to day given the mutual tax benefits that can be shared and the high price to entry for housing rn.