Episode 54: Real Estate Syndication, Featuring AJ Shepard of Uptown Property Management

So far in 2021, we have been featuring new opportunities in the property management industry. One area not yet explored on the show is Real Estate Syndication.  As a general definition, real estate syndication is a partnership between several investors. They combine their skills and capital to purchase and manage a property they otherwise could not afford. If you’ve got an eye for a good deal and good partners, this might be a great opportunity to explore in 2021, either as the syndicator or as an investor.

On this episode of Property Management Brainstorm, Bob discusses the topic of Real Estate Syndication with AJ Shepard of Uptown Property Management, Portland Oregon. He and his company are expanding their business by syndicating real estate, pooling money from investors to buy larger, more profitable, and more stable projects. We are excited to hear what he has to say and how he views this area of opportunity for investors and property management companies.

Topics Covered

[2:40] AJ introduces himself, his company, and how he got started in Real Estate Syndication.

[6:30] AJ gives explains the term “real estate syndication”.

[9:00]  What are the possible legal and financial structures for real estate syndication arrangements? 

[12:25] When identifying a real estate syndication project, what comes first, the chicken or the egg?

[16:05] Building an investor network for funding real estate syndication projects.

[17:15] Bob and AJ discuss the various steps and sequence of putting a project and deal together. 

[22:10] Communicating with investors and sending a Private Placement Memorandum to present the financial structure of the project.

[23:40] AJ provides his definition of Return on Investment, Cap Rate, and Internal Rate of Return (IRR).

[28:25] As a syndicator, hiring yourself as the property management company.

[32:50] Communication and information shared by the syndicator to the investors.

[36:25] AJ shares a story of a family property located in Mexico that has been passed down through generations.

Connect to Uptown Property Management and Syndication

AJ Shepard on LinkedIn

Connect to the Westside Investor Network Podcast

Connect with Bob Preston
https://www.propertymanagementbrainstorm.com/

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