Multifamily Real Estate Investing - Structuring a $13M+ Real Estate Syndication Deal at Age 20

Real estate syndication is a more advanced form of investing, especially if you’re the integrator of the deal and not the investor. As Tomás Cardenas touched down in Las Vegas to view a potential $13M deal, he saw what every investor wants to see: cracked sidewalks, low rents, and value-add galore. As the director of development at Team Kekoa, Tomás’ days are dedicated to building the systems that allow his team to find, fund, purchase, and renovate deals. In fact, the majority of his time on this $13M, 150+ unit deal was spent purely on the spreadsheet side, fine-tuning the rent rolls, T12s, and expenses reports as best he could. So how does a 20-year-old find himself in this position? Or for that matter, how does any aspiring real estate investor put themselves in the position to tackle huge deals? Well, one piece of advice Tomás preaches: go slow, go steady, and provide value! ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup ~~~~ Check out Last Week’s Episode on Finding a Great Investing Area: https://youtu.be/nCeXOedHJvk ~~~~ Learn More About Team Kekoa: https://www.teamkekoa.com/ ~~~~ 5 Simple Steps to Systemize Your Business: https://www.biggerpockets.com/blog/5-steps-systematize-business ~~~~ Intro to Multifamily Underwriting: https://www.biggerpockets.com/blog/underwriting-multifamily-calculate-egi ~~~~ Follow Tomás on Instagram: @tomascardenasg or https://www.instagram.com/tomascardenasg/ ~~~~ Connect with Terrance: Instagram: @terrancedoyle or https://www.instagram.com/terrancedoyle/ BiggerPockets: https://www.biggerpockets.com/users/terrancedoyle LinkedIn: https://www.linkedin.com/in/tjdoylemathew633/ Connect with Chris: Instagram: @chrislopez_co or https://www.instagram.com/chrislopez_co/ BiggerPockets: https://www.biggerpockets.com/users/chlopez LinkedIn: https://www.linkedin.com/in/christaylorlopez/ 00:00 Intro 01:24 Meeting His Mentor and Taking the Opportunity 08:31 Providing Value in Your Industry 12:48 Getting Rich Slowly 14:35 Tomas' Role at Team Kekoa 18:45 Learning to Build Efficient Systems 20:37 150+ Unit Las Vegas Syndication 27:12 Tomas' Investor Superpower