608b buying commercial property with expert Scott O'Neill
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The Negatives of Syndication
Glenn: Have you ever kind of built a syndicate with a heap of clients like, oh, there's this five mil opportunity, we just need three people, five people, whatever to go and grab it? Glenn: Yeah, we have set a few syndicates up where we, you got to do it sort of under a family and friends set up. So, you know, 20 or less people because if you do outside of that, you're in AFSL territory and that just costs too much money. It diminishes the returns for the investors. There's a lot of negatives with syndication, like mostly people's plans change. Like one of the ones I was involved
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