How Many Attorneys Do You Have?

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We bought a property last month that was 32 units for two million dollars. We syndicated it, we took on legal costs. The economies of scale aren't really there. And then, being under two million, the purchase price just is too mall to take on. Those costs, ant yo divided on a per unit basis, or whatever you need that to be. I'm sure it varies depending on the location. Given property in lon in one area might be 50 units, and it could be the cost of ten units in another place.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

02:31 - How one real estate deal can change your life.

04:07 - What a private equity firm is.

15:25 - What it means to co-GP a syndication.

49:21 - Why partnerships are so important.

50:47 - How to raise capital.

50:47 - Who to raise capital from.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Robert’s book The Everything Guide to House Hacking.
Joe Fairless’ book Best Ever Apartment Syndication Book.
Robert Kiyosaki’s book Rich Dad Poor Dad.
Learn about house hacking.
Gary Keller’s book The Millionaire Real Estate Investor.
All of Robert’s favorite books.

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