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Creative Capital

Creative Capital Podcast 163: 5 Lessons Learned From a Full Cycle Syndication

Creative Capital

Josh Ferrari

Investing, Business

51.1K Ratings

🗓️ 10 May 2022

⏱️ 23 minutes

🧾️ Download transcript

Summary

How do you get more clients in the syndication space? In this episode, learn five key lessons I have learned throughout my multifamily syndication journey in order to prove that I can do it and to establish my credibility in syndications.

[00:01 – 01:56] Opening Segment

● Prove that you can do it

● Get more credibility

[01:57 – 21:12] 5 Lessons Learned From a Full Cycle Syndication

● Buying a deal with an active insurance claim is a hidden value-add.

● Conservatism is 100% an overused word but it is absolutely an underused metric.

● Selling a deal completely off-market isn’t as difficult as you think.

● Selling early isn’t always a good thing.

● Don’t forget to go through your financials and make sure you have the right numbers.

[21:13 – 23:05] Closing Segment

● Final reminders for your full cycle syndication

● Know more, visit ferraricapital.com/coachingprogram

Key Quotes

“Don’t forget to go through your financials and make sure you have the right numbers before publicizing it to social media.” – Josh Ferrari

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Youtube: https://www.youtube.com/channel/UCBXmi10tWHWL44N6hx1R-Ag

You can also email me at [email protected]

For more information about Ferrari Capital visit us on our websitehttps://www.ferraricapital.com

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Transcript

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0:00.0

What's up everybody welcome back to this week's segment of the no limit minute as you guys probably know

0:07.9

as I'm sure a lot of your follow us or follow me specifically on social media

0:12.9

You know that just last week was the first time we went full cycle on

0:20.2

our very first

0:22.9

multifamily syndication so we're very very excited to have been able to go full cycle that like be able to check that

0:29.8

Box, you know what I'm saying that credibility all the things that go along with being able to kind of prove that you can do it like hey

0:37.9

Here was our initial projections. Here's where we actually came out on top

0:42.6

Or here's where how we came out versus where the projections were

0:46.2

Here's how much higher they were how much lower they were whatever the case was just being able to kind of

0:52.1

Prove that not only to yourself, but also to other people that just kind of gives you that stronger sense of

0:59.2

Or that that larger

1:01.4

Well, what's the word I'm trying to use you guys know what I'm trying to say you have more credibility when when an investor comes and they say

1:07.8

Have you done this before? Hey, let me let me look at your

1:11.0

Let me talk to some investors that have done this before

1:13.3

Let me look at a past deal that you've gone full cycle on I get that a lot

1:16.8

I get a lot of investors talk to me and they want to know about a deal that we've gone full cycle on and until we go

1:22.0

We had never gone full cycles like well

1:24.0

We don't really have one we've gone full cycle on but all the deals we have done you know every quarter we've paid

1:29.7

The our preferred return. We've paid what our projections were what we promised with it was going to be delivered we were able to

1:37.6

Deliver on that every quarter every time there's a distribution so we've never fallen short

1:42.2

But we haven't gone full cycle to really show you what that looks like so now we have so very excited

1:47.0

So what I want to talk about today is

...

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