Listen to the podcast here:
Summary:
In this episode, Whitney interviews Danny Newberry, Principal and CEO, Value Investment Group. Danny shares some little known strategies that will help syndicators increase their ROI’s. Should syndicators consider investing in commercial spaces? How do you create a dream team for your syndication business? You will also hear Danny recount how due diligence helped with earn handsome returns on a recent deal. This show is loaded with immense value. Tune in now!
Our Gracious Sponsors:
See The Real Estate CPA’s Special Virtual Workshop for the listeners of The Real Estate Syndication Show on How to Answer Tax Related Questions from Your Investors!http://bit.ly/TheRealEstateCPA-Syndication
Time Stamped Show Notes:
- 00:29 – Whitney introduces Danny to listeners
- 01:12 – How did Danny transition to real estate investing?
- 03:48 – Danny shares how he managed to find investors for his initial projects
- 04:37 – How to gain confidence for executing complex syndication projects
- 05:41 – Why did Danny pivot towards the syndication business?
- 06:48 – What has been the most challenging part of the syndication business for Danny?
- 07:48 – How to communicate with and find buy-in from investors
- 09:20 – Danny’s advice for inexperienced syndicators who wish to start a syndication business
- 10:16 – Danny shares his morning routine
- 11:25 – Can a good peer group help you gain traction in your business?
- [spp-timestamp time=”12:12″] – Get your tax queries answered by the Real Estate CPA
- 13:20 – Reasons why investing in commercial spaces is better than multifamily investing
- 16:29 – Tips for getting started as an investor in the commercial space
- 17:49 – What are the biggest hurdles for a real estate syndicator?
- 19:07 – Learn about the immense value that Danny was able to unlock at a 43,000 square foot industrial park in Denver, Colorado
- 20:42 – How did Danny gain inside information about an important tenant? We discuss the importance of rigorous due diligence
- 22:30 – How a comfortable ROI can help you to out recessionary periods
- 24:13 – What is the #1 thing that Danny has done to improve his business?
- 25:14 – How to create a dream team for your syndication business
- 26:40 – Danny shares his contact information
- 26:36 – Schedule a call with Whitney now!
- [spp-timestamp time=”27:51″] – Joe Fairless’s Best Ever Conference is coming up in Denver this Friday. Book now!
- [spp-timestamp time=”28:30″] – A Special Thanks to our Sponsor, Life Bridge Capital
In this episode, you will learn
- How to create a dream team for your syndication business
- Benefits of investing in commercial spaces over multifamily
- How rigorous due diligence can help you increase ROI’s and drive greater value add
Resources