A lot of you have asked me what a syndication is!
Basically, it’s a legal structure that allows people to invest in real estate without taking an active role in the management piece.
Because let me tell you — managing rental properties is NOT passive income! 😜
But it’s definitely an awesome way to build wealth and diversify your income streams.
My goal is to have many different income streams, not just one from one job, which is pretty risky in any kind of recession or downturn.
Sometimes when it’s time to buy a larger property, I may have the skills and team to manage the deal, but need more capital to purchase and renovate it.
That’s where Limited Partners come in — to contribute funds into the deal but not have to do the management piece.
The way you do that is through a syndication.
Here is visual for how General Partners and Limited Partners can come together to take down that deal, and together earn rental income!
Let me know if you have other questions about real estate and we can DM or set up a call!
Sammy Lyon
REALTOR®️
DRE #02113227
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