What's helped me throughout this whole process is that I knew I needed to build a team of other investors to manage the properties together.

I was trying to be nice and just explain that you can't actually manage real estate if you have no money and no experience.

Greetings all, I've been investing in syndications for nearly 3 years now but have hit an obstacle and trying to mitigate/manage it. 

I have just joined a local team of investors as their Aquisition manager. 

@Monica C.I've invested in a little more than 10 separate syndications with about as many different leads.The one thing I appreciate the most is those asset manager who are willing to send out monthly charts of actual vs pro-forma income and expenses.That's not to say that they are always within budget, because they usually aren't, but they at least show a level of honesty and accountability as well as showing progress.I'm invested in some deals that publish very few KPIs if any at all.

This includes mortgage payments, property taxes, insurance, maintenance costs, and property management fees.

My husband and I are starting a new property management business in his small hometown.

🌟 The Power of Team in Multifamily Investing 🌟🤝 Diverse Expertise: Each member brings unique skills and knowledge to the table, covering everything from property management to finance and marketing.

Turning a property that might traditionally produce a 7-10% cash-on-cash return into one that produces 15-30% if managed properly.

We personally do not charge an application fee, but we do ask our applicants to pay for their tenant screening through the property management software we use.