Launching Real Estate Syndications - Ep 23 - Getting it Done - podcast episode cover

Launching Real Estate Syndications - Ep 23 - Getting it Done

Nov 01, 20228 min
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Episode description

In the great movie Moneyball, Billy, played by Brad Pitt, says he wants to bring back an aging ballplayer by the name of David Justice. Everybody thinks it is a terrible idea to bring him back. He can’t hit home runs anymore. They ask Billy why he wants Justice back. Billy points to Pete, played by Jonah Hill. And Pete says, “because he gets on base.” 

Visit the web version here: https://www.moschettilaw.com/launching-real-estate-syndications-getting-it-done/

Welcome to Launching Real Estate Syndications - a 23 part series on getting started in syndicating real estate using Regulation D Rules 506b and 506c. This video is brought to you by Moschetti Syndication Law Group (https://www.moschettilaw.com), a syndication law firm.

If you are ready to get started with your real estate syndication, you can learn about the firm's services here: https://www.moschettilaw.com/regulation-d-package/

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Check out these Top Trending Blog Articles in This Series – 
1.) Syndication Founder’s Investment Theory - https://www.moschettilaw.com/launching-real-estate-syndications-founders-investment-theory/
2.) Finding Investors for Your Real Estate Syndication - https://www.moschettilaw.com/launching-real-estate-syndications-finding-investors-for-your-real-estate-syndication/
3.) Making Money With Fees & Equity in Real Estate Syndications - https://www.moschettilaw.com/launching-real-estate-syndications-making-money-with-fees-and-equity-in-real-estate-syndications/
4.) The Private Placement Memorandum (PPM) - https://www.moschettilaw.com/launching-real-estate-syndications-private-placement-memorandum/
5.) Marketing the Investment to Investors - https://www.moschettilaw.com/launching-real-estate-syndications-marketing-the-investment-to-investors/
6.) Distributions of Returns to Your Investors - https://www.moschettilaw.com/launching-real-estate-syndications-distributions-of-returns-to-your-investors/
7.) Winding Up the Real Estate Syndication - https://www.moschettilaw.com/launching-real-estate-syndications-winding-up-the-real-estate-syndication/

Tilden Moschetti, CCIM, Esq. is a syndication attorney and an active syndicator who helps real estate professionals, entrepreneurs, businesses, and private equity funds raise capital through Regulation D Rule 506b and 506c.

Syndicators come to Tilden because they want the best advice from a lawyer who is not just a syndication attorney, but rather, someone who is an active syndicator himself with a proven track record.

Tilden is the author of two best-selling books and has been featured on NPR, People Magazine, the New York Times, Fox, USA Today, NBC News, Market Watch, and Money Magazine.

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#Syndication #PrivatePlacementMemorandum #PPM


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Also, please note, this video and any content from Moschetti Syndication Law Group, Tilden, or anyone affiliated with either or both, does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this site are for general informational purposes only.  Information from these online sources may not constitute the most up-to-date legal or other information.

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Transcript

Tilden Moschetti

In the Great movie Moneyball, Billy played by Brad Pitt says he wants to bring back an aging ballplayer by the name of David justice. Now, David justice everybody thinks is a terrible idea to bring him back. They said Steinbrenner has been trying to get them off his payroll. They think it's a terrible idea he can't hit homeruns anymore. They ask Billy why he wants, why he wants him. Billy points to Pete Pete's played by Jonah Hill. And Pete says because he gets on base.

Now that idea that philosophy because he gets on base takes that suffering ballclub to a new record of 20 consecutive wins, and nearly to the World Series, Pete knew that the games are won by getting on base, not by showy homeruns. home runs are rare and are the ones that and the ones that hit those homeruns they tend to have pretty low batting averages, the game is one on

base hits. And syndication is exactly the same way, getting things done getting on base doing the things that must be done every day, those base hits. So syndication is the same way as baseball, it's all about getting on base getting on base getting on base time after time after time, it is not about just going for the for the Grand Slam

or hoping for that home run. The homerun hitters are swell, but it's not how you're going to be truly successful at the syndication game, the way to success is doing just getting on base every single time. So how do we get on base? Well, there's five things that we need to do in order to be successful. So let's go ahead and take a look at what that looks like. base hits, these are the five important things now first,

every day you need to be working on getting investors. This is critical, this will set you apart, you have investors, you're gonna be able to do deals and you don't have investors, you're just spinning your wheels. So getting investors is the number one thing, you need to be working on that every day. Now, I don't mean that you need to be spending eight hours a day

every day doing it. But you need to put in some time every single day, 30 minutes an hour, whatever it is, block out that time, get those investors number two, you need to find opportunities. Finding properties. That's your product, you need to be looking for product every day that great deal isn't going to just land in your lap. Chances are you got to

dig for it, you got to find it. Number three. Learn something every day, take some time to learn something about the business a little bit outside of the business investment in general way to market something every day get better and better. It's that idea that if you get 1% better every day, holy moly, where are you going to be in a year. So every day, learn something. Number four, use and operate with systems. I have checklists for nearly everything I do I have checklists for these

videos. I have checklists for how we got these videos in your hands. I have sheets that are outlined now can I just speak off the cuff like this? Yeah, and I do. So all of these videos really have been made with just bullet points of for me and things like that. But I've got a system and I've got a system that's taken me some time in order to do it. And I've got a system for syndication. That's what you're watching right now launching syndications is my system for syndication. It

works. You just got to operate the system, do the work, hit those base hits and operate with systems and finally five leverage people and by people I also mean teams. It's hard it's a tough business to do it totally alone. You're gonna need other people now what They've those are internal team members of yours, or their external team members of yours or your investors, all of those people are people you should

leverage. That's the whole idea behind fishermen that we talked about too, is using other people in order to get more investors, is it a great example of leverage, now they're getting something at the same time from you, you got to make sure you're paying it back as well. And then also, you as you continue to do work and find money for your investors, your investors are going to be your part of your leverage as well, talking about what a great syndicator you are and how happy they are, and

telling their friends, it's all part of the same thing. Also, we talked about and finding properties, we talked about using the brokerage community, leveraging it, making it clear that you're not in this just for a brokerage commission, if you get one swell, but you can use those that brokerage community, it helped them by making sure deals closed, that they get deals done, and you still get what you want, which is the property and that syndication. So the most important thing in

syndication is base hits. It's a daily work that gets done. Like I said, it doesn't need to be eight hours a day, but a little bit needs to be done every day. Just make sure you're getting on base. And then first thing you get up in the morning, say how am I gonna get on base today? And then, as you go to bed tonight, say how did I get on base today. And that will propel you forward because it's that incremental change that is going

to make you truly successful in this business. Now with that, congratulations, you've watched all of these modules, you are now set to launch your own certification. Many, many people did not make it this far. Even people who bought this product did not make it as far as you did. Now they've lived with just a dream and hoping it would all be done for them. Now all you need to do is start going for those base hits. If you need

more help reach out to us. We're here we have other programs to offer that can give you that aid, but you do have a set of tools and a system for you to be successful right now. So let us know how you're doing too. Because I know and I speak for my whole team here. We are just rooting for you. We want you to be tremendously, tremendously successful. So with that, three to one, lift off

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