Description

“If you want to go out and raise private equity from other people who will not actively participate in your deal, there are certain ways you have to craft that deal,” explains Byron Elliott, Attorney From 3 Pillars Law. With an extensive legal background in the real estate market, Byron shares the best practices for syndication. If you’re an investor, tune in to learn the typical pipeline of syndication and private equity raising.

If you look into the typical lifestyle of an investor, you will see people pull together a deal as a sponsor, leading to becoming a passive investor. You can effectively gain passive income by generating cash on a property and investing that money into other sponsorship deals. Although this strategy is just one syndication example, Byron recommends looking into this tactic to gain good returns and enjoy the benefits of real estate investing.

To raise your equity, you must think about syndication. Learn more about the real estate journey, raising capital, and how to get into passive investing. 

Quotes

• “90% of our work is helping real estate investors and developers raise private equity legally and ethically.” (0:57-1:03 | Byron)
• “If you want to go out and raise private equity from other people who will not actively participate in your deal, there are certain ways you have to craft that deal.” (3:15-3:25 | Byron)
• “The big thing about real estate is not making more of it. And the tax benefits are just amazing.” (31:36-31:42 | Byron)
• “We like to counsel, coach and mentor, and remove the barriers to entry into real estate syndication with the assumption that if that sponsor grows and gets bigger over time, our firm will help them along the way.” (36:19-36:36 | Byron) 
• “Unfortunately, the cost of building houses now is such that it can get pretty cost-prohibitive for homeownership.” (38:39-38:45 | Byron)

Links

Connect with Byron Elliott:

Website: https://www.3pillarslaw.com

Podcast: https://podcasts.apple.com/us/podcast/best-real-estate-investing-advice-ever/id904025246

YouTube: https://www.youtube.com/playlist?list=PL--PuqNFXYlPyh08FxkhcKuYP8ZFaYxJF

Book: https://www.amazon.com/Hands-Off-Investor-Insiders-Investing-Syndications/dp/1947200275/ref=asc_df_1947200275/?tag=hyprod-20&linkCode=df0&hvadid=459680637280&hvpos=&hvnetw=g&hvrand=812118182471299483&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9028744&hvtargid=pla-923685322795&psc=1

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