EP243 Do You Have What it Takes to Raise Money Through Syndication?  with Bruce Petersen

EP243 Do You Have What it Takes to Raise Money Through Syndication? with Bruce Petersen

What does it take to raise OPM "Other People's Money" in order to acquire larger real estate deals than you'd ordinarily be able to do by yourself? Should you be thinking about raising OPM in order to take your investing business to the Next Level?

According to my guest today, it takes a certain type of person to thrive in syndicating and 40% of the people he's seen do their first syndication deal never do it again.

That's why he wrote a book about Syndication and its pitfalls called "Syndicating is a BI#@H: And Other Truths You Haven't Been Told". And today Bruce Petersen is here to discuss these truths and help you figure out if syndication is a road you want to travel.

Bruce built his Apt-Guy empire and wealth by syndicating over 1,100 units in real estate, and today he's going to share his secrets to success. We'll be discussing the importance of having a mentor or coach, how he raised money for his first syndication without having a track record, and the many challenges and surprises he encountered while syndicating.

Bruce also has some great stories about the dead guy in the pool, failing bathtubs, the uncomfortable conversations he's had to have with investors, and the $5 Million dollar wire that disappeared and what really happened to it.

I know you're going to get a lot of great syndication knowledge from today's conversation. You can contact Bruce by going to www.apt-guy.com or on Instagram at apt.guy.com or facebook at "the apt guy".

Episoder(594)

EP010 Building a Portfolio during the Recession, Housing Codes, Rental Inspections and Property Maintenance with James Loftus

EP010 Building a Portfolio during the Recession, Housing Codes, Rental Inspections and Property Maintenance with James Loftus

James Loftus is a buy & hold investor who has been around long enough to have experienced the ups and downs of real estate investing.  he not only weathered the great recession, he came out stronger a...

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EP009 Buy & Hold Investing, Managing your own Property, and Starting Your Portfolio with Rob Minch

EP009 Buy & Hold Investing, Managing your own Property, and Starting Your Portfolio with Rob Minch

Whether you're a new investor who is wondering how to start your buy and hold portfolio, or a seasoned pro looking for tips on how to manage your property and get higher rents, you're going to enjoy m...

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EP008 Historic Districts and the Pros & Cons of investing in them with Suzanne Schulz

Historic Districts seem to be a hot button issue lately across the country.  There are several states where legislation is being proposed that would effectively weaken or eliminate historic districts....

7 Mar 201638min

EP007 Commercial Real Estate, Private Money, Buy & Hold, Flipping with Kathy Denison Adrianse

EP007 Commercial Real Estate, Private Money, Buy & Hold, Flipping with Kathy Denison Adrianse

Kathy Dennison Adrianse Interview:  Kathy is the owner & broker of Lighthouse Property Management, a West Michigan startup company that has been in business for thirteen years.  Kathy has a passion fo...

29 Feb 201647min

EP006 How the Rental Property Owners Association can benefit you, with Clay Powell

EP006 How the Rental Property Owners Association can benefit you, with Clay Powell

Clay Powell Interview:  If you've been listening to this podcast then you know that there is a lot of experience and expertise in the RPOA community.  What you may not know though, is what the RPOA is...

24 Feb 201627min

EP005 APOD and financial analysis with Russ VandenToorn

EP005 APOD and financial analysis with Russ VandenToorn

Russ VandenToorn Interview:  Russ is the owner of United Properties of West Michigan, a full service property management company in the Grand Rapids area.  Russ teaches the course on APODs (Annual Pro...

23 Feb 201647min

EP004 Buying & Selling Rental Property, Appealing your Tax Assessment with Tom Koetsier

EP004 Buying & Selling Rental Property, Appealing your Tax Assessment with Tom Koetsier

Tom Koetsier Interview:  Tom is an award winning broker with Compass Realty Services and teaches two popular courses for the RPOA: Buying and Selling Rental Property and Successfully Appealing Your Pr...

22 Feb 201639min

EP003 Rehabbing, Flipping, Buy & Hold, Lease Option Strategies with Justin Workman

EP003 Rehabbing, Flipping, Buy & Hold, Lease Option Strategies with Justin Workman

Justin Workman Interview: On the surface Justin Workman seems to be a rehabber, flipper, and buy & hold investor. But in reality he's employing some very creative investing strategies that have allow...

14 Feb 201649min

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