Partnering to Build Your Portfolio

Investing does not have to be a solo venture. In fact, partnering to build your multifamily real estate portfolio comes with many benefits.

By partnering with a multifamily syndicator, such as Camino Verde Group, smaller investors can retain larger deals that would be difficult to do alone. The partnership helps more than just raising funds, as investors leverage the syndicator's experience to expand their own knowledge and access future opportunities.

Working with a multifamily syndicator also allows for newer investors to build a reputable track record quickly using opportunities and expertise that veteran investors have. This can also extend to having access to resources or staff that new investors may not have established.

When solo investors and multifamily syndicators partner together, it also allows them to grow and learn from each other with every project. Every partner comes in with their own strategies and processes, allowing the other party to procure new information to add to their repertoire.

While searching for a partner for your portfolio, make sure to look for one whose reputation, values and interests matches your own. Take time to know your partner before investing together, to ensure that you can trust them. Remember, your business and reputation is also at stake.

Additionally, make sure to consider what value you'll bring to the partnership as well. While you'll be bringing your own capital, you'll need to bring more to the table to catch the eyes of a prospective partner. Look at your strengths and past connections. You may have a knack to find new deals or be an expert at management assets. Or you could specialize in an industry outside of investments, such as marketing or construction. Find these strengths and promote them to make sure all parties are performing the best they can together.

By Kevin Romney 

Camino Verde Group – Las Vegas