Podcast

Zen and the Art of Real Estate Investing with Jonathan Greene

185: Expert Legal Guidance To Become a Syndication Lion with Tilden Moschetti

The legal aspect of real estate is often in the background, but understanding the ins and outs of a deal can be crucial to success.

On this episode of Zen and the Art of Real Estate Investing, Jonathan welcomes Tilden Moschetti. Tilden is a securities attorney, syndicator, syndication coach, and author of the bestselling book, “The Commercial Real Estate Legal Survival Guide Every Owner Needs.”

As their conversation begins, Jonathan and Tilden delve into Tilden’s decision to go to law school to better understand real estate and how he left litigation to work as a real estate syndicator and syndication attorney. You’ll hear the setup of syndications, how to create a strategy, recognize a bad deal, and manage the risk of participating in syndications. Tilden shares the founder investment theory, understanding your investors, and setting LP expectations. Finally, Jonathan and Tilden cover how to start a syndication, structure and finance it, and what it means to be a “syndication lion.”

If syndications intrigue you but you aren’t sure if this asset class is for you, Tilden Moschetti breaks down what you need to know about this asset class from a legal stance.

In this episode, you will hear:

How Tilden Moschetti’s interest in real estate developed and his decision to go to law school to better understand it
Tilden’s path from litigator to real estate syndicator
The setup of syndications and how they work
Creating a syndication strategy and recognizing the signs of a bad deal
The biggest issues in syndication today and managing the risk involved
Value-add syndications versus turnovers and being transparent about the investment
The founder investment theory and understanding your investors
The true value of syndications at the sale and setting LP expectations
Starting a syndication, setting up a solid structure, and financing the project
Having skin in the game as the investor running a syndication
What a “syndication lion” is and Tilden’s preferred asset class
His tips for finding a good syndication deal and the red flags to watch for