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What ALL Beginner Syndicators Should Know with J Scott
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In this episode of Cash Flow Pro, we talk with J Scott, Partner, and co-founder of Bar Down Investments. J was a former tech guy in Silicon Valley, working for one of their most prominent companies - Microsoft. In 2008 J got married, and together with his wife, they decided to look for more flexibility in their respective careers. Together they decided to go into real estate.
From 2008 to 2018, J and his wife flipped about 400 houses, close to 40 per year! Eventually, with the economic changes on the horizon, they decided to re-assess their investments and began their journey into a different asset class – multi-family and syndications.
In this episode, we discuss:
- Education and experience - how and where to get it.
- Teamwork and delegating
- Figuring out your weaknesses and hiring your staff accordingly
- Raising capital, equity, and debt
- Dealing with soft and hard commitments and the opposite views
- The importance of communication and transparency
Make sure to tune in on this episode to find out more KEY ingredients to starting your multi-family journey with the right team – the right way!
Find your flow,
Casey Brown
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