So you're putting together a real estate syndication but you want to know who needs to be on your team. A lot of times people will call me first, they'll say till then you're a syndication attorney who needs to be on my team. Well, in today's video, we're gonna go through the five main players and a couple other ideas on who needs to be in your Rolodex as key players so that you when you're putting together that's indication, you know who is on your team.
My name is Tilden Moschetti. I am a syndication attorney with the Moschetti syndication Law Group. We specialize in putting together Regulation D 506b and 506c offerings for real estate syndicators, real estate developers, businesses, anybody who's looking to raise outside capital for the acquisition of assets, and those outside investors get compensated. So let's talk about some of the key players who need to be part of
your team. First off is the real estate syndication attorney, such as myself, I specialize in this field, I've done many deals for myself, as well as acted as an attorney on hundreds of real estate syndication offerings put together by my clients, but I do my own deal. So I boots on the ground experience. And I have
know firsthand the situation that you're going through. So a lot of times people will come to me first, because I already have been there and bend down the path that they're that they're looking for. And they know, I probably know people, that would
be good additional team members. So real estate syndication attorney, my job is to make sure that you are compliant with the rules of the SEC in the States and that you're complying and doing all the things that are necessary when you're offering a security because that's what you're doing in a syndication is you're selling a security, it's a free pass to sell that security, but you need to follow the rules, you know, just like a stockbroker, you know, they're selling securities, and they
probably have an MBA. In this case, you're getting to do all that work. And you're getting to make money as somebody selling a security your own. But you need to comply with those rules. So our job as a syndication attorney is to make sure that you're compliant. Our job is also to make sure that you go down a road and that you're ultimately successful, because then you can keep doing more and more syndications, right.
Another major key player, the probably number one on your list, or number two on your list is a real estate agent or real estate broker, you need a way to be able to find properties and and be able to source those. Some people have those in house and that's or they come to the doing real estate syndication as
a broker agent themselves. But if they're not, it's very helpful to have at least one and probably a multitude of real estate agents or brokers to help them find the right property and to set up that deal for the acquisition of the asset that will be part of their syndication to begin with.
Another key person is, is an accountant. Now, the accountant certainly is going to be doing the taxes and making sure that the K ones get filed most syndications that our partnership returns, which means that we issue K ones every year. And that account is critical to make sure that all the benefits of owning real estate such as depreciation, are passed on in the appropriate way to your investors, as well as giving tax returns which need to get filed every time. And you along with
that accountant, you will also want a bookkeeper. And so you want to be able to keep track of all those expenses and make sure that they're being attributed properly to the investment vehicle itself. We want to make sure that distributions are happening in an appropriate way and make sure that those distributions are happening and a bookkeeper can help you with
that. Lastly, you may choose to have a property manager, a property manager is the one on site or near the site that can be the boots on the ground and make sure that tenants are paying their rent to make sure that improvements are happening to make sure that expenses are getting paid. All those things that a property manager does. Having a great property manager is a lifesaver for a syndicator I've never had a syndication go south where I haven't had a I should put that differently.
I've never had a syndication go south. And that is because I've always had the very best property manager I could find to make sure that the property was being managed in the best possible way in the most efficient way possible. Key key
key to have a great property manager. Other people you may want to consider as part of your team is maybe especially if you have a more complex structure, you might want a business attorney to make sure that all those deals that all those arrangements that are being made, maybe with vendors, or maybe it's contracts that are being made with developers, things like that are being done in a way that is legal and
compliant. And under your local state specific rules. You also may want to hire a tax attorney, certainly if there's going to be some sort of 1031 exchanges as part of this or if you're going to be doing anything different than just straight line accounting. A tax attorney can be very helpful as well, especially or if you're doing an opportunity zone fund. They will be the one who can help structure that opportunity zone. And then the raising of the capital gets done through a
securities attorney such as myself. My name is Tilden Moschetti. I'm a real estate syndication attorney with the Moschetti syndication Law Group. We specialize in Regulation D 506b and 506c offerings for real estate syndicators and developers but also for businesses or anybody who's looking to raise outside capital from investors.