Real estate syndication pools capital from multiple investors to acquire a property too large for any one of them individually, with a sponsor (the general partner) managing every aspect, acquisition, financing, operations, and eventual sale, while passive investors (limited partners) contribute...
Log in to followClosing on my first rental in five weeks and I got offered a $50k slot in a 128-unit deal that's the same money as most of my down payment. So I actually read the operating agreem…
Been looking at land plays for two years and this is the first syndicated one I've taken seriously. 310 acres on the growth edge of a mid-size western metro, currently agricultura…
Numbers first. $75k into a 212-unit 1990s build in a sunbelt market, funded June 2022. 8% pref cumulative, 70/30 to a 14% IRR hurdle. Projected 1.9x over five years. Monthly distr…
I've spent most of my reading on the debt side because I like the idea of being the one who gets paid first. Now I'm looking at a $50k LP slot in a 96-unit deal and I'll admit I d…
PPM landed Friday and I have until the 19th to fund or pass. 184 units, 1986 vintage, secondary southeast market, $23.4m purchase plus $2.1m capex and closing, $6.9m equity raise,…
Closed a flip three weeks ago, $118k net after everything. My next acquisition is probably 8 to 14 months out because the wholesalers I use have gone quiet and I'm not paying reta…