EP243 Do You Have What it Takes to Raise Money Through Syndication? with Bruce Petersen

Published: Aug. 31, 2020, 5 a.m.

b'

What does it take to raise OPM \\u201cOther People\\u2019s Money\\u201d in order to acquire larger real estate deals than you\\u2019d ordinarily be able to do by yourself?\\xa0 Should you be thinking about raising OPM in order to take your investing business to the Next Level?

According to my guest today, it takes a certain type of person to thrive in syndicating and 40% of the people he\\u2019s seen do their first syndication deal never do it again.

That\\u2019s why he wrote a book about Syndication and its pitfalls called \\u201cSyndicating is a BI#@H: And Other Truths You Haven\\u2019t Been Told\\u201d.\\xa0And today Bruce Petersen is here to discuss these truths and help you figure out if syndication is a road you want to travel.

Bruce built his Apt-Guy empire and wealth by syndicating over 1,100 units in real estate, and today he\\u2019s going to share his secrets to success.\\xa0We\\u2019ll be discussing the importance of having a mentor or coach, how he raised money for his first syndication without having a track record, and the many challenges and surprises he encountered while syndicating.

Bruce also has some great stories about the dead guy in the pool, failing bathtubs, the uncomfortable conversations he\\u2019s had to have with investors, and the $5 Million dollar wire that disappeared and what really happened to it.

I know you\\u2019re going to get a lot of great syndication knowledge from today\\u2019s conversation.\\xa0 You can contact Bruce by going to www.apt-guy.com or on Instagram at apt.guy.com or facebook at \\u201cthe apt guy\\u201d.

'