In this episode, realtor, entrepreneur, and real estate investor, Carrie LaShell, teaches us what real estate syndication is and why they’re the real estate investment of choice for some people.

Here are the takeaways from today’s episode:

1. A Real Estate Syndication is where multiple investors pool their money and skills to buy properties, in Carrie’s case it’s larger multi-family properties that are out-of-state..
2. If Cash Flow is your goal, it can be tricky to find an investment property in places like California, where average price points are much higher than the national average. Syndications are one way for people in high price point areas to be able to invest in Real Estate.
3. Syndications are also a good bet for those living in areas with landlord tenant laws that are not landlord friendly, and for those who don’t want the hassle of managing a short or mid term rental
4. Real Estate syndications are made up of GPs or general partners and LPs or limited partners. GPs are the people who find the deal, sign on the debt to purchase the deal, raise money from other investors, and are in charge of the everyday tasks of running the property, and therefore, make more money on the deal than LPs. LPs, are investing their money in the deal for an expected return.
5. When considering investing in a real estate syndicate, look at areas that have more inbound moves than outbound moves, there is job growth in the area, low crime rates, and rents that are continuing to go up. It’s also really important to feel good about the GPs and make sure their vision for the property is in alignment with your goals.
6. Every deal is different, so you have to be really clear about what your goals are, both financially and from a lifestyle perspective.
7. If you’ve done your due diligence, you’re putting yourself in the right rooms to learn from others that are investing in real estate the way that you want to, and you continue to analyze deals and educate yourself, then focusing on the possibility, rather than overemphasizing the risks, is recipe to conquer fear when it comes to investing in real estate.

If you’d like to know more about real estate syndications, feel free to reach out to Carrie. You can find her:

Instagram: @carrielashell

www.carrielashell.com

www.lapearinvestments.com