Flipping America 592, Passive Investing with Charles Carillo

Published: May 9, 2023, noon

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Want to make money passively in real estate? Keep your job or stay retired but put your money to work for you. If so, consider investing in a real estate syndication. Today on Flipping America.

When I was a kid the Syndicate was a euphemism for organized crime or the bad guys. I couldn\\u2019t remember specifically why I thought that so I turned to ChatGPT for some help. I simply asked, \\u201cWhy do I associate the phrase \\u2018the Syndicate\\u2019 with criminals?\\u201d

Here\\u2019s the response: The phrase "The Syndicate" is often associated with criminal organizations because it is commonly used to refer to a group of individuals or entities that engage in illegal activities, such as organized crime, drug trafficking, or money laundering. In popular culture, the term has been used to describe fictional criminal organizations in movies, TV shows, and novels, which has further reinforced its association with criminality.

However, it\'s important to note that the term "syndicate" can also have legitimate and legal connotations, particularly in business and finance. For example, a syndicate can refer to a group of investors who pool their resources to finance a large project or investment opportunity. The context and usage of the term determine its meaning and associations.

In a moment I\\u2019m going to chat with Charles Carillo of Harborside Partners and we are going to discuss legal syndication. He\\u2019s one of the good guys.

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