GP shares have control rights, LP shares do not.Syndication can be used to acquire just about anything!

The quick and dirty formula for a BRRRR isPurchase price = 0.75 * ARV - Rehab CostsIn your case, you would need to acquire the property for ~$156.25k to make it a complete BRRRR deal.Side note, rehab costs are very hard to estimate so make sure you verify that estimate and/or allow for a significant margin of error in your calculations.

Furthermore, the types of multifamily syndications we invest in, as well as offer to our investors, are value add, meaning that our syndicators acquire assets (generally off market) at an attractive valuation, renovate the units & common areas, implement well-reputed property managers, and increase rents to market rates, thereby increasing the properties' valuation on exit. 3.Inflation creates further increased costs for construction materials, making newly constructed homes & commercial properties even less affordable (and in less supply) and existing assets more valuable.

We honestly have no idea what to expect…So what happens if Evolve acquires bookings 6 months from now?

Many investors use cash to acquire properties.

I invest to replace income, build generational wealth, creating an income funnel, and improve the community around meI like the search and the hunt, acquire a great property, and turning it to something great that no one saw otherwiseIP I look for a deal that makes sense that has a good tenant class, good appreciation, and solid returns (8/10% cash/cash)An agent has to have very good market knowledge, understand the local geographical attributes, and has a good relationship with their network

Any advice, guidance on what to focus on at the moment in order for me to go on to the next step and acquire my first property?

Address wrong, who knows what legal address you are acquiring?

sounds like all you need is a good source of private or hard money to acquire the deals for you and youre on your way

You were a business owner as soon as you acquired a property for investment.What does an LLC have to do with it?