Launching Real Estate Syndications - Ep 22 - Putting it Together
Tilden Moschetti: Hey, look at
that you've done it, you've re
entered, you're back on Earth,
you've completed this. And it's
all done. So at first, we were
on the launchpad. And we were
putting our deals or
understanding how it all worked
and putting our structure in
place, getting our Fit done our
founder investment theory, which
is critical, start looking for
investors and properties,
learning about underwriting. So
we can filter these things out.
And that's the first part, the
second part then what we lifted
off. And we went through the
different things that were
necessary. Before we start
latching investors, things like
choosing which SEC exception
we're going to use. And that was
the alphabet soup. And then
going through the parts of the
PPM and the operating agreement,
the subscription agreement, that
should be done ahead of time. So
you're ready to go. As soon as
you have investors, and you're
marketing the property, or the
or investment out to the world.
Then you start latching them,
you finally are ready to close
the investment. And now you're
in orbit. And so we're circling
around and we're doing those
things, right. We're doing our
investor communications, our
asset management, our property
management and making
distributions until at some
point, you think maybe this is a
good time to sell. So you make
that decision to sell and now
you're on re entry, you make
that decision to sell, you got
the vote, you vote, you make
your final distributions, and
you close the deal. So again,
here is the whiteboard drawing
that we did at the very
beginning of this, of launching
syndications to give you that
forest through the trees, and
you'll see we went through each
part of them. And we went
through this first part of it
here. This is our launch pad.
And this part of it here, this
is our liftoff.
And this part of it here, this
is our orbit. And this part of
it here is our reentry. And so
we went through all of those
parts in detail. And now you
have everything that you need.
All you need now is to know
Okay, now that I know what all
those things are, and I see the
forest through the trees and I
get the system. Now how do you
conclude it and that's going to
be what we talked about in the
next module. I put this next
module there because I want to
make it clear that you can do
this and this next module will
explain how you do it and make
sure that you get that you start
and make just forward progress
every single day. And that will
be the topic of bass hits.