Listen to the podcast here:
Summary:
In this episode, Whitney interviews Josh Eitingon, Principal and Manager, JAE Multifamily. Josh shares various TIPS for market selection, deal analysis and capital raising which will help inexperienced investors successfully make the transition to real estate syndication. What is the recommended modus operandi for analyzing a deal? What are the advantages of opting for an agency loan compared to a bridge loan? We also discuss ways via which you can collate property information before venturing into an unknown market. Tune in to this informative show now!
Time Stamped Show Notes:
- 00:29 – Whitney introduces Josh to listeners
- 01:00 – How did Josh transition to the real estate syndication business?
- 02:14 – Reasons why Josh prefers multifamily syndication over fixing and flipping
- 03:15 – How did Josh find his first deal?
- 04:41 – How did Josh muster up the confidence to go for multifamily syndication in his first deal itself?
- 06:25 – Debt vs. Equity – Understanding the risks and rewards of both in real estate syndication
- 07:25 – How long did Josh wait for his second deal?
- 09:02 – How scaling up can allow you to lower operating costs
- 09:49 – Josh’s modus operandi for analysing a deal
- 11:03 – Economic indicators that syndicators should consider while analysing a deal
- 13:27 – How can you collate property information when venturing into an unknown market?
- 14:23 – Does Josh still prefer to invest in blue-collar, value add properties?
- 15:39 – Why did Josh recently invest in an 80 unit deal in Charleston?
- 17:02 – Should you opt for a bridge loan when an agency loan is unavailable?
- 18:42 – What is a bridge debt, and when is it normally used?
- 19:40 – Josh shares his long term plan for the 80 unit deal that he recently acquired in Charleston
- 20:40 – What is the #1 thing that has contributed to Josh’s success?
- 21:40 – Top reason why syndicators fail
- 23:30 – What is the hardest part of the syndication business?
- 24:30 – How to overcome the challenges of raising capital
- 25:23 – How can inexperienced syndicators overcome the challenges of raising capital
- 26:37 – Josh shares his contact information
- [spp-timestamp time=”26:54″] – Share, Review and Subscribe to the Real Estate Syndication Show
- [spp-timestamp time=”27:10″] – Special thanks to our sponsor, LifeBridge Capital
In this episode, you will learn:
- How does equity financing compare to debt financing in real estate syndication
- Pros and Cons of an agency loan
- Recommended Modus Operandi for analyzing a real estate deal
Resources
Love the show? Subscribe, rate, review, and share!
Join the Real Estate
Syndication Show Community:
