Best Ever Apartment Syndication Book Kindle Edition

I've read a lot of "self-help" type books but most leave you wanting for details and guidance. BEASB delivers!! Simple steps with examples and detailed resources are a common theme throughout this book. My copy was earmarked and full off notes. I expect it will take me a few reads to digest all that I've noted as important and useable. I recommend it!!!

Hey all who are interested in this book. I wanted to share some of my thoughts on it after reading it cover to cover for anyone who wants to get into serious revenue generating property management.This book is a very detailed guide from start to finish on how to build a team, gain investors, research, underwrite, vet, purchase, manage, then sell apartment buildings for profit. Joe does a great job breaking down every step into logical, repeatable actions. From someone fairly inexperienced, I was surprised at how well I was understanding everything the way he explained it. Acronyms and all! This book is a serious jumpstart if you’ve always dreamt of high level property investing.Apartment syndication is not something I would recommend for investors who have not purchased and managed revenue generating property before. I have a hard time imagining this as a “side-hustle” as you are essentially building an investment company from scratch. Unless you can find a superhuman mentor who’s willing to take you by the hand, I hope you have some property experience under your belt already. The best opportunities he mentions are Value-Add Properties that are slightly underperforming that you can turn around with better property management and renovations. This makes it ripe for sale at a big profit. You’re not going for turnkey properties that have little room for improvement.I can see this being a very complicated process which typically means fewer people are doing it. After reading this book, I can see how there are many opportunities out there for those willing to put in the sweat equity, and their own capital, financial and otherwise. With this book at your side, you’ll be well ahead of any other newbie investors making all the mistakes you’ll see coming.The book keeps a fairly conversational tone throughout, it feels dense, but rarely overwhelming. It’s chock full of personal anecdotes based on experience. That’s helpful for seeing how the concepts playout. I’m a visual person, I need to see at least a mental picture of these in action! I can appreciate Joe’s sense of positive motivation, transparency, and savvy maneuvering.There are game-changing tips to be found in this book. You can learn about finding off-market deals that help you skip over bidding wars. There is a section devoted to how you personally make money off of the deal. Very importantly, he also covers when to walk away from a deal. Beware if you’re prone to sunk cost fallacy because it can be months of work, but you’re risking your investor’s capital and potentially mis-representing the opportunity by going forward. Find a great team, rely on their experience and reputation to carry you through your early steps, follow Joe’s steps, and you’ll be well ahead of the game.There are many tools, sites, reports, and spreadsheets that are shared throughout the book. They’re kind of scattered, however, so you many want to mark them down as you find them. I was curious about him, so I visited his website. I think it would be a great value-add (see what I did there?) to have these available in his Resources section.Go ahead and pick up this book if you’re still interested. As I said it is DENSE, it will be your first key advisor in your Apartment Syndication journey. Keep your eyes open, your wits about you, and build some great relationships, trust Joe and I’m confident you won’t find a better system.

This book provides an amazing level of detail covering the entire life cycle of an apartment deal. On top of that, it’s easy to read and contains simple, actionable steps to take to get you on your way to the first deal. I just finished it, but will be restarting immediately!

This is easily a 5-star review from my perspective.I have been in the real estate business for about 12 years now and this is one of the most informative and practical real estate books I have read to date. It is written in plain conversation by young entrepreneurs at the top of the game. Go watch the Best Ever Podcasts on their website and Youtube so you can get a frame of reference about who is speaking to you.This is not a get rich quick book, that's for sure. It explains how to get started with thought leadership amongst your peers and other potential investors and goes on to explain how people at the top levels of real estate investment put deals together. All of this is given in a step-by-step process and (in my opinion) applies to every real estate transaction, not just apartment syndication. The information contained in this book is very important for all levels of real estate; even beginners who need a roadmap to reach the top.Joe and Theo do an amazing job articulating basic and advanced principals and have boxed them up into one 400-page read for you.My advice is that anyone who is (or wants to be) in the real estate business should read this book. Sure, you won't understand everything in the book if you are new to real estate but it will give you the things you are required to learn to be successful. It also provides you with websites and other books that will teach you specifics on the tool you need.Don't just burn through it in a couple of days. Take your time reading it, put it down incrementally, and begin to implement their teachings along the way. Get you some flag stickers and mark the pages with items you want to work on, stop, and work on them.I can't stress enough how much additional vision this book has given me and I have been underwriting and closing apartment deals for many years. Buy the book, you won't regret it when you are finished with it.

Joe did a great job covering it all. I come back here if I have any questions about a certain topic and always leave feeling a bit more competent.

I learned a lot from this book

What an incredible book a true "how to guide" essential book to add to the real estate investors library. Excellent work Joe thank you !

Over 400 pages of goodness!