WS06: Expert Tips That Can Help Inexperienced Real Estate Syndicators Kickstart Their Business with Omar Khan

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Summary:

In this episode, Whitney interviews Omar Khan, CFA and M & A expert with Boardwalk Wealth. Omar shares various Tips and Tricks which can help inexperienced syndicators realize their end goals. What is the hallmark of an exception deal sponsor? How do you facilitate effective communication with your passive investors? And, why is it critical that you get the right partners with complimentary skillsets? We also discuss some common mistakes that syndicators make – which you should AVOID at all costs. Tune in to get some great nuggets from this gentlemen who has the rare distinction of advising capital financing and M&A transaction to the tune of $3.7 billion. Watch now!

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Time Stamped Show Notes:

00:27 – Whitney introduces Omar Khan to listeners
00:51 – Omar shares how he transitioned into real estate syndication
01:46 – How did Omar’s finance background help him in real estate investing?
02:40 – Discussing how the tendency to take short cuts has resulted in a poorly qualified real estate investors
04:08 – Qualities that define an exceptional multifamily deal sponsor
06:10 – How to tell apart an experienced and knowledgeable underwriter
07:40 – The importance of running your numbers through an adequate financial model
09:06 – How do sponsors communicate with passive investors?
10:17 – The importance of educating your passive investors in real estate syndication
10:33 – How do you communicate project returns to your investors?
11:40 – How do you raise capital for a real estate syndication deal?
12:45 – Expert TIPS that can help inexperienced syndicators get investors on board
13:42 – Processes and systems that Omar is currently striving to improve
15:13 – Key Daily task that Omar unfailingly performs
16:14 – Learn about Omar’s soon to be launched deal analyzer; Omar shares how the current crop of poor copies prompted him to come out with his own financial model
18:55 – What are some key advantages of using Omar’s deal analyzer?
20:08 – How can you access Omar’s deal analyzer?
20:40 – Common mistakes that real estate syndicators make
21:08 – How can an inexperienced syndicator know that a deal is right for him?
22:46 – How do you gauge if your mentor is a good fit?
24:45 – How did Omar find his mentor?
26:25 – Omar shares his contact information
[spp-timestamp time=”26:47″] – Review and subscribe to the Real Estate Syndication Podcast
[spp-timestamp time=”26:56″] – A special thanks to our sponsor, Life Bridge Capital

In this episode, you will learn:

The ART of signing up passive investors in real estate syndication
Key nuances that define a well-structured deal analyzer
How can new and inexperienced syndicators find reliable mentors who can propel them forward