eal estate syndication are structured tha ensures that the Sponsor is motivated the investment performs well for everyone. The more the Sponsor invests in the deal the more the Sponsor aligns with the investors. Real estate syndication i a great way for investors to group themselves together to invest in larger projects that they may be unable to reach. In today’s market, crowdfunding and the realease of the JOBS Act that passed in 2012 now allows more accessibility in these markets.
Best Books on Real Estate Syndication: THE LIST
|1. Best Ever Apartment Syndication Book|
|2. Raising Private Capital|
|3. Multi-Family Millions|
|4. Principles of Real Estate Syndication|
|5. How to Put Together a Real Estate Syndication or Joint Venture|
|6. How to Play the New Real Estate Syndication Game|
|7. Limited Liability Company for Group Investment|
|8. It’s A Whole New Business|
|9. Crusing It In Apartments and Commercial Real Estate|
|10. Apartment Syndication Made Easy|
|11. Syndicating Is A B*TCH|
|12. The Definitive Guide to Underwriting Multifamily Acquisitions|
|13. The Hands-Off Investor|
1. Best Ever Apartment Syndication Book | By Joe Fairless
Do you want to purchase an apartment community but don’t have prior real estate or apartment investing experience, don’t have access to private capital, can’t find a good deal, lack the skills to execute a business plan or a combination of the four?
The Best Ever Apartment Syndication Book is the ONLY book that will solve these challenges.It provides a step-by-step system for completing your first apartment syndication deal and building a multimillion or multibillion dollar apartment investing empire.
You will learn the exact process that I followed to go from making $30,000 each year at a New York City advertising firm to controlling over $572,000,000 in apartment communities, which includes:
1. Becoming an expert on the apartment syndication terminology
2. Setting a specific, quantifiable goal and creating a long-term, motivating vision
3. Building a powerful brand that attracts passive investors
4. Evaluating and selecting the real estate market that will be the launching point for your apartment empire
5. Surrounding yourself with an all-star real estate team
6. Tapping into your existing network to find passive investors
7. Creating a lead generation machine that pumps out qualified off-market apartment deals
8. Selecting the ideal business plan to maximize returns to passive investors
9. Learning the science behind evaluating, qualifying and submitting offers on apartment deals
10. Preparing and presenting an apartment offering to your passive investors and securing financial commitments
11. Impressing your investors by effectively implementing the business plan and exceeding their return expectations
2. Raising Private Capital | By Matt Faircloth
Are you ready to help other investors build their wealth while you build your real estate empire? The roadmap outlined in this book helps investors looking to inject more private capital into their business―the most effective strategy for growth! Author and real estate investor Matt Faircloth explains how to develop long-term wealth, as learned from his own valuable lessons and experiences in real estate. Get the truth behind the wins and losses from someone who has experienced it all.
Whether you’re a new or seasoned real estate investor, you’ll discover new ideas and fresh motivation while learning a detailed strategy to acquire, secure, and protect private money in your first―or next―real estate deal.
Inside, you’ll discover:
- Private money partners in places you didn’t know existed
- The prerequisites needed to start raising money
- How to structure debt and equity deals and when to use each strategy
- The best way to provide win-win deals to all money partners
- How to protect all parties involved in a private money transaction
- Proper private equity exit strategies
- And so much more!
3. Multi-Family Millions | By David Lindahl
Multi-Family Millions offers expert advice for investors who want to make the transition from single-family homes to more profitable multi-family units. Successful real estate investor David Lindahl shows you how to find troubled properties that are ripe for quick profits, how to fix or flip those properties, and how to re-sell at maximum value. With a proven step-by-step system for managing each stage of the process, this book shows you how to get started in moneymaking multi-family units?even while you work your day job.
4. Principles of Real Estate Syndication | By Samuel Freshman
6. How to Play the New Real Estate Syndication Game | By Richard R. Solem and Roger J. McClure
7. Limited Liability Company for Group Investment | By Fred Crane
This book will guide you through the details of the life of a typical LLC, from its formation, through its management, to its end in a sale of the investment property. This book will lead you through the complexities of forming and managing an LLC for the purpose of investing in income-producing real estate. This syndication vehicle is available to any real estate investor and is a viable way to gather multiple investors together in order to pool funds and invest in properties that produce higher returns than lesser-valued properties. The objective of Limited Liability Company for Group Investments is to provide you with the knowledge needed to use the LLC entity in group investment programs. With this book, you will develop an understanding of syndication activities and their chronology, the laws governing LLCs, a syndicator’s earnings, profit-sharing among investors, and the use of investment circulars to solicit investors and LLC operating agreements for managing the investment group. You will learn about investment activities that present a risk of loss controlled by securities law, as well as develop an understanding of the differences between LLCs and tenant-in-common co-ownerships. Armed with the profit-making ideas in this comprehensive book, you will be able to put them to work competently and immediately in the world of real estate investments.
8. It’s a Whole New Business | By Gene Trowbridge
This is the definitive and essential text on creating and sponsoring real estate investment groups. Written by a nationally renowned attorney whose practice is limited to the complex legal aspects of these kinds of securities; it is a concise, easily understood and practical guide on how to proceed. It contains all the basics you need to grasp in the US Securities and Exchange Commission (SEC) regulations governing this kind of investment. The text includes details of the SEC’s rules governing the Jobs Act. Long term, this federal legislation is likely to be a game-changer in the syndication of commercial real estate. Regulation A+, finalized just before publication, may provide an important new capital-raising option for smaller companies. The portion of the Act that has been in force since September 2013, allowing for public advertising of fundraising, is also thoroughly examined. Author Gene Trowbridge, Esq., CCIM, works as a lawyer for and consultant to individuals and organizations engaged in group sponsorships and conducts seminars and workshops throughout the country. He has also been a distinguished and popular member of the CCIM faculty since 1979, helping to shepherd exceptional practitioners to a professional designation that has been called the Ph.D. of commercial real estate. He has been a group sponsor representing over 850 investors in sixteen real estate syndications.
9. Crushing It in Apartments and Commercial Real Estate | By Brian Murrary
Think apartments and commercial real estate are just for the big boys? Think again.
Brian Murray was not an investment pro when he bought his first commercial property. He was a teacher looking to build some side income. Armed with his passion for business and a lot of common sense, he developed a simple yet highly effective approach to investing that he still uses today at his multimillion-dollar real estate company.
Crushing It in Apartments and Commercial Real Estate is a beginner’s guide to investing based on Murray’s experience bootstrapping his way from newbie investor to award-winning CEO of Washington Street Properties. Murray shares the secrets to his success through straightforward, actionable advice that will help you get started no matter what your experience level, or how much cash you have on hand. You’ll learn how to:
- Find and creatively finance commercial property
- Grow a portfolio without any help from outside investors and without taking on excessive debt
- Use your small-investor status as a competitive advantage over corporate investors
- Identify simple, practical ways to increase profits while keeping costs low
Murray also shares real-life stories that reveal exactly how he grew his business, and the hard lessons he learned along the way (so you don’t have to). Whether you already invest in real estate and want to go bigger, or you’ve never owned a property, this book gives you the tools and wisdom you need to crush it in apartments and commercial real estate.
10. Apartment Syndication Made Easy | By Vinney Chopra
If you answer YES, then pay very close attention to what I’m about to share with you
If you’ve ever dreamed of buying your first apartment or looking to scale with the secrets of syndication this book is for you. There is a reason why over 90% of the worlds millionaires have created true wealth and financial freedom through real estate! Don’t miss out!
In this book, Apartment Syndication Made Easy, I’ll be showing you exactly how I went from $7 to $441 million in real estate, but I’ll also reveal all the most critical aspects you need to know about Multifamily apartment investing including…
✓ How to build your own real estate “dream team” from the ground up
✓ Underwriting and how to properly analyze deals
✓ The importance of understanding emerging markets
✓ How to create ‘circles of influence’, master elevator pitches, and move past rejection
✓ How to deliver winning sales presentations that’ll help you land lucrative deals
✓ Everything you need to know about getting the right financing
✓ Discovering the 3 types of investors (every great real estate investor needs to know this)
✓ Complete access to my exclusive “Syndication Blueprint”
✓ My 7-step plan to overcome “First Deal Syndrome”
Apartment Syndication Made Easy: A Step-by-Step Guide is nearly 200 pages of real estate wisdom, concise information, proven tactics, and successful techniques.
I owe all of my huge success to the information found inside this guide. And now you’ll get it all right at your fingertips and for one insanely low price.
Take that first step today! Scroll up and click the “Buy Now” button.
11. Syndicating Is a B*tch | By Bruce Petersen
If you’re in real estate, you’ve heard of syndication. It’s the new industry gold rush, and much like the dotcom bubble in the late 1990s, investors are wondering if they should get in on the action or wait for the market to correct. Award-winning syndicator Bruce Petersen says it all depends. If you do it right, syndication is an amazing way to grow your business exponentially and achieve a life of freedom you never thought possible.
And you don’t need to wait for a market correction—Bruce will show you how to develop a track record of success with syndication right now that will have you well positioned and ready for the next correction.
However, syndication isn’t for everyone. In Syndicating Is a B*tch, Bruce shares the stories other syndicators won’t, like finding a dead body on a property and having Homeland Security take $5.2 million of your money. Along with the unvarnished truth, Bruce gives you the step-by-step guide you need to close your first syndication deal.
12. The Definitive Guide to Underwriting Multifamily Acquisitions | By Robert Beardsley
Are you overwhelmed with multifamily investment opportunities that all seem to have the same business plan and projected returns but don’t know which one actually makes sense? Do you want to be able to cut through the noise and see the real numbers for yourself?
The Definitive Guide to Underwriting Multifamily Acquisitions is the only step-by-step book that provides you with all of the tools you need in order to become a numbers ninja, invest smarter, and structure more profitable partnerships. Get inside the mind of a multifamily underwriting expert and learn the crucial skills required to make better investment decisions, which includes:
• Collecting and researching the data needed to underwrite a multifamily investment
• Walking through a step-by-step guide to building a purchase, cash flow pro forma, and sale analysis
• Designing and performing sensitivity analyses and stress tests to uncover hidden insights about risks, financing, and optimal business plans
• Structuring and negotiating partnership structures so you know you’re always getting the best deal possible for yourself and/or your investors.
“The Definitive Guide to Underwriting Multifamily Acquisitions is a must-read for both passive investors and sponsors looking to take their investments to the next level. Rob delivers lesser-known insights regarding sensitivity analyses, stress tests, and partnership structures in a concise format. Rob provides readers the tools to make confident investments in multifamily partnerships/syndications.”
–Joe Fairless, Co-Founder of Ashcroft Capital
“Rob Beardsley is a true expert at the all-important but often ignored art and science of underwriting. The Definitive guide is a fantastic resource for anyone that needs to learn more about underwriting, and even professional underwriters will find plenty of food for thought in here.”
–Neal Bawa, CEO, Grocapitus and MultifamilyU
13. The Hands-Off Investor | By Brian Burke
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 waterfalls
- How to find syndication investment sponsors and how to evaluate them for the best possible opportunities
- Red flags to avoid and tricks that syndication sponsors don’t want you to know
- The biggest and most common underwriting mistakes that sponsors make
- How various debt options affect risk and return
- Typical sponsor fees and profit splits
- The tax implications of syndication investments
- How to measure alignment of interest, judge performance projections, and more!
14. Syndicate | By Adam Gower
If you’d like to raise as much money as you need for your real estate deals regardless of how many investors you currently have or how many deals you’ve done before, then SYNDICATE will be the most important book you will ever read.
Everything in it is derived from real, field tested tactics and strategies so you can rest assured that what you’ll learn really works. This short practical book is a detailed, actionable guide that will give you the tools to raise as much money as you want for your real estate projects through crowdfunding your syndications.
Written to be read in just an hour or two, SYNDICATE is packed with usable guidance you can immediately implement to start raising more money for your deals.
As a bonus, the book comes with a free 72-minute training from the author where he walks you entire process for raising money online in person.
Here are just some of what you’re going to learn:
-How to raise money for your deals even if you don’t have an investor list.
-Why never actually meeting with investors will help you raise more money.
-Where to find investors who want ‘in’ on your deals before you even pitch them.
-How to get investors coming to you so you don’t have to go out and find them.
– Almost like mind-reading, know who your very best prospects are before they even write a check.
-You need to wine and dine prospects in person before they invest? NEVER AGAIN!
-Say goodbye to having too few investors.
-5 Ways to supercharge your investor acquisition process.
-A proven way to build your investor list and fill it with prospects just dying to invest in your next deal.
-What you should NEVER DO when raising money for your real estate projects.
-Say goodbye to finding great deals and then scrambling to finance them.
-Three easy ways to attract prospects’ so they recognize you as a foremost real estate authority.
-The one big mistake almost every sponsor makes and how to easily avoid it.
-The truth about social media and why what everyone else is doing is plain wrong.
-The ONE most important thing to do first or nothing else will work.
-The REAL way to get investors from social media.
-Why it doesn’t matter how old you are or how used you are to raise capital for real estate the ‘old way.’
Just implement the systems contained in this short volume and never be short of money for your real estate investments again.
Final Thoughts on the Best Books on Real Estate Syndication
There are multiple of platforms to invest passively with real estate sydication. Real estate syndication use to be only accessible for the rich and the well connected. However, in today’s market it is not the case. Based on statistics the average real estate offering is up $3 million, the average return is 8%, over 120,000 investors participated in syndications in 2020, and sponsors netted a 2 – 9% property management fee.
Do you see a book that you think should be on the list? Let us know your feedback here.