Imagine having a job where you get to do almost anything you like with other people’s money and still get handsomely paid. Everyone would want it!
Closing deals in real estate through syndicate investing is exactly this kind of job. Obviously I have glossed things over a little bit. Nothing works in an automated way and no job is ever easy. Some jobs however do have a certain high-octane feel about them and syndicate investing in real estate is certainly high-octane.
The workings of it are fairly basic. A group of investors with money but no knowledge of the intricacies of the real estate investment market want to get into real estate but do not want to risk a lot of money in it. They get together and each puts a stake in which will also reflect their claim to the profits.
Once they have formed the group, usually known as a Syndicate, they need someone who understands the market to front the deals and make the money. This is where you, the real estate investment professional, usually comes in.
Because I am well known in the market and have a reputation for closing profitable deals I am frequently approached by Syndicates wanting to get into real estate. I am fortunate enough to have a waiting list and this gives me the opportunity to match a particular Syndicate wanting to invest with particular types of deal.
In the beginning though I know it cam be tough. You will need to put about what you are doing, who you are and what you can do for investors and you will need to do all the legwork in terms of finding those Syndicates or even pulling them together in the first place. They can be, some times, as easy as getting a few co-workers to put money up together while you front the action. You may get a few businessmen who want to make their money grow but do not want to take huge risks or you may get really lucky and get a few business angels together looking for a quick pay-off. At other times it may be relatives or even distant acquaintances you have impressed with your knowledge.
The thing is that a Syndicate can come from almost anywhere and can be made up of almost anyone. What you need to know is that a Syndicate gives you the opportunity to build up reputation, get into the market and make money without any money of your own and this makes it almost the perfect way to start creating a runaway real estate career.
