ISBN: 9781947200272
Editorial: Biggerpockets Publishing, LLC
Autor: Bryant, Adam
Año de edición: 2020
Edición: 1
N° Paginas: 999
Tipo de pasta: Pasta blanda
Descripción: Finding an experienced syndication sponsor matters now more than ever. By learning to select the right sponsors and properties, you'll find the best deals and mitigate risk during times of economic instability!Want to invest in real estate but don't have the time? No matter your level of experience, real estate syndications provide an avenue to invest in real estate without tenants, toilets, or trash--and this comprehensive guide will teach you how to invest in these opportunities the right way.Syndications are like the stock mutual funds of the real estate world--multiple investors passively invest into a fund, while a manager is responsible for picking the real estate and managing the portfolio. Author Brian Burke, a syndications insider with decades of experience in forming and managing syndication funds, will show you how to evaluate sponsors, opportunities, and offerings so you can pick the right sponsors and achieve the highest odds of a favorable outcome.Inside, you'll learn: The practical skills you need to understand income, cash flow projections, and investor waterfallsHow to find syndication investment sponsors and how to evaluate them for the best possible opportunitiesRed flags to avoid and tricks that syndication sponsors don't want you to knowThe biggest and most common underwriting mistakes that sponsors makeHow various debt options affect risk and returnTypical sponsor fees and profit splitsThe tax implications of syndication investmentsHow to measure alignment of interest, judge performance projections, and more! Contraportada Want to invest in real estate but don't have the time? Outsource your investments with passive syndications!Even if you don't have time to be in the trenches, you can still add real estate to your investment portfolio. Syndication deals provide an avenue to invest in real estate without tenants, toilets, or trash--and this comprehensive guide will teach you to invest in private offerings the right way. Syndications are to real estate like mutual funds are to stocks: A typical deal involves multiple investors passively financing a fund, while a manager is responsible for picking the real estate and managing the portfolio. Author Brian Burke, a syndications insider with decades of experience with forming and managing syndication funds, will show you how to evaluate sponsors, opportunities, and offerings so you can pick the right sponsors and achieve the highest odds of a favorable outcome. Inside, you'll learn: How to find real estate syndication investment sponsors--and how to evaluate them to find the best possible opportunitiesThe practical skills you need to understand income, cash flow projections, and investor waterfallsRed flags to look for and tricks that syndication sponsors can playHow various debt options affect risk and returnThe biggest and most common underwriting mistakes that sponsors makeThe important difference between identified asset syndications and blind pool fundsTypical sponsor fees and profit splitsThe tax implications of syndication investments and how to implement a proper reporting strategyHow to measure alignment of interest, judge performance projections, and more! Biografía del autor Brian Burke is CEO of Praxis Capital Inc., a vertically integrated real estate private equity investment firm. Brian has acquired over half a billion dollars' worth of real estate over a 30-year career, including thousands of multifamily units and more than 700 single-family homes, with the assistance of proprietary software that he wrote himself. Though he prefers to reposition existing multifamily properties, he has also subdivided land, built homes, and constructed self-storage. Brian is a licensed pilot, so when he isn't investing in real estate, he can be found, literally, in the clouds.
- Idioma: Inglés
- Envío: Desde EE.UU.
- Libro impreso y nuevo
