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Articles by Salesh Chand.

Salesh Chand

Syndicate Investing with Family and Friends

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If you want to invest in property, but you don’t have enough funds, what can you do? Are you simply locked out of the market?

Some of the most successful property investors started off with very little – they didn’t have significant savings, huge salaries, or rich parents. So how did they get going?

They teamed up with family or friends to get a foot on the property ladder. This is called syndicate investing and can be a great way to get started (and also to continue investing if you run out of borrowing power). And it’s an effective way to spread your risk.

For example, I began by teaming up with some mates in 2010. We each contributed about $60k and we now have a property portfolio worth over $60 million. True story.

But you do need to know what you are doing, and you need set things up correctly at the outset so everyone involved benefits.

To that end, I recently held a webinar on syndicate investing during which my co-presenters and I explained how we invested with others to start and grow our property portfolios. We also talked about how to set up a syndicate and the traps to avoid.

You can watch the recording of the webinar below.

If you’d like help from GRA with the topics discussed in this video, please contact us via our website, or phone us on +64 9 522 7955.

Salesh Chand
signed
Salesh Chand
Partner and Director of Business Services
© Gilligan Rowe & Associates LP

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Disclaimer: This article is intended to provide only a summary of the issues associated with the topics covered. It does not purport to be comprehensive nor to provide specific advice. No person should act in reliance on any statement contained within this article without first obtaining specific professional advice. If you require any further information or advice on any matter covered within this article, please contact the author.
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