In this episode, Theo shares how he would go about underwriting an apartment syndication deal when there are no LPs or maybe as a joint venture. He uses a simplified cash flow calculator to help him through this process and walks you through what he is doing along the way. Download the FREE calculator so you can follow along with Theo.    FREE DOCUMENT: Simplified Cash Flow Calculator:  https://www.dropbox.com/s/pfwff7g1vmhoi95/Simplified%20Cash%20Flow%20Calculator.xlsx?dl=0    To listen to other Syndication School series about the “How To’s” of apartment syndications and to download your FREE document, visit SyndicationSchool.com. Thank you for listening and I will talk to you tomorrow.    Best Ever Tweet: “Syndication School is a free resource to teach others how to do apartment syndication” - Theo Hicks

JF2017: How to Underwrite an Apartment Syndication Deal With No LPs | Syndication School with Theo Hicks

Welcome to the world's longest-running, DAILY commercial real estate investing podcast hosted by Joe Fairless. Joe went from buying $35,000 single-family homes to controlling over $1,900,000,000 worth of large apartment communities in under a decade.

Commercial real estate is a compelling investment option, but knowing where to look and who to listen to can be overwhelming — especially when your money and legacy are on the line. The Best Real Estate Investing Advice Ever Show provides commercial real estate expert insights, education, and timely information to our community of active and passive investors looking to succeed in commercial real estate. Build wealth, build a legacy, and do more good in the world.

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Jacob Vanderslice, principal of VanWest Partners, joins host Ash Patel on the Best Ever Show. In this episode, Jacob provides a comprehensive look at the state of self-storage. He breaks down the impact floating-rate debt has had on the sector, how securing financing has changed, and the changing face of self-storage demand. He also shares how he navigates the tricky world of rate increases with his tenants.  Previous Episode:  JF2537: Why NOT to Invest in Self-Storage Jacob Vanderslice | Real Estate Background  Principal, Investor Relations VanWest Partners Portfolio:  3.4 MM total square feet of self storage space, including just under 40 properties and about 20K units   Based in:  Denver, CO Say hi to him at:   https://www.vanwestpartners.com/ LinkedIn   Best Ever Book: Into the Silence by Wade Davis  Sponsors: Viking Capital Baselane InvestHER

JF3519: Why Self-Storage Is Like Netflix, Raising Rents without Losing Tenants, and the Key to Creating Value ft. Jacob Vanderslice

In this episode of the Best Ever Show, hosts Ash Patel, Slocomb Reed, and Joe Cornwell convene for another Roundtable. In this episode, the guys recap their biggest takeaways from the Best Ever Conference, including why interest rates aren’t coming down anytime soon, how the media’s clickbait culture has misled investors, and why retail vacancy is at an all-time low and non-residential real estate is on fire while the multifamily sector continues to struggle. Get your tickets to Best Ever Conference 2025 here. Sponsors: Viking Capital Baselane InvestHER

JF3518: Lies in the Media, Shocking the Market, and Why Retail Is on Fire While Multifamily Struggles — Best Ever Roundtable

Welcome to the Due Diligence Show, a new Best Ever series featuring deep dives into every aspect of the due diligence process. In this series, our host, Slocomb Reed, will interview expert guests to uncover their stories, tips, and strategies to give you the information you need to master the due diligence process. In this episode, John Wilhoit Jr., an asset manager who owns 10,000 units, joins Slocomb to discuss how to assess capital expenditure needs ahead of an acquisition, including a case study breaking down what he’d expect in an old building, the challenges that property would provide, and how to overcome them.   Previous Episode:  JF140: How Much do Multifamily Asset Managers Get Paid? Sponsors: Viking Capital Baselane

JF3517: Cheat Codes to Accurately Assess Capital Expenditure Needs Ahead of an Acquisition — The Due Diligence Show ft. John Wilhoit, Jr.

Kiyoshi Simon and Amanda Han join host Slocomb Reed on the Best Ever Show from the Best Ever Conference in Salt Lake City. In this episode, they discuss tax compliance, financial health checks, and why your tax strucutres need to evolve along wiht you and your real estate business. They also share the tax mistake investors make that drive CPAs crazy, and how to avoid them. Sponsors: Viking Capital Baselane

JF3516: Tax Mistakes Investors Make that Drive CPAs Crazy, and How to Avoid Them ft. Kiyoshi Simon and Amanda Han

John Chang, head of research at Marcus and Millichap, joins host Joe Cornwell on the Best Ever Show from the Best Ever Conference in Salt Lake City. In this episode, John discusses the state of commercial real estate, including why retail is so hot right now, the state of the office market, and why multifamily investors in certain markets should be wary of rent control risks. He also breaks down the housing shortage, providing historical context and the truths most overlook. Sponsors: Viking Capital Baselane

JF2017: How to Underwrite an Apartment Syndication Deal With No LPs | Syndication School with Theo Hicks

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