37 min
Full-Time Silicon Valley Employee Successfully Syndicating 300 Units As A GP And 4000 Units As An LP with Bharat Kona The Moonlight Real Estate Syndication Show
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- Investing
Bharat lives in California and has 20+ years of experience in IT/Tech Management. He is a General Partner in nearly 300 doors within 4 Real Estate transactions within (Kansas City and Atlanta). He has gone the full life cycle on 1 Real Estate Syndication and provided nearly 2x in returns for his investors. In addition, Bharat has closed 1 Land entitlement deal in Texas and is a limited partner in 4000 Units across 5 deals in the South and Southwest. In the spirit of giving back to society, Bharat is into service to support education for underprivileged children.
Get 3 Free PDFs For Wholesaling SFR/Mobile Homes and How To Make $100,000 a Yr. On The Side Of Your Full-Time Job When You Go To: https://ericlindseyml.com/
Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication Book:" https://moonlightcre.com/ebook_download/
Website: Moonlightcre.com
Click On The Link Below To Schedule A Call With Eric:
https://calendly.com/moonlightequitiesgroup/scheduled-conversation
During this episode, you will learn about:
[01:44] How Bharat started out in real estate
[03:43] The life of startups within the Silicon Valley
[05:47] How the economic bubble affected the tech space
[07:53] What inspired Bharat to get into the multifamily space and not other asset classes
[11:54] Philanthropy and give-back causes that Bharat is committed to
[17:07] How he was able to accomplish all the real estate success while working a W2 job
[21:30] A quick review of one of Bharat’s deals
[27:10] Something that Bharat wishes he had known before starting in real estate
[28:44] How long it took him to complete his first syndication deal as an LP
[29:50] How Bharat balances his personal life and business today
[32:16] How to start a successful syndication with a limited amount of time
[25:48] What to do if you’ve little cash and experience to become an active syndicator
[37:42] The best ways to connect with limited partners and active syndicators
[38:42] Personal development book that Bharat recommends to Moonlight listeners
Notable Quotes:
Multifamily is the most stable and less volatile among the real estate asset classes.Multifamily did well during the 2008 housing crash and the Covid-19 pandemic.You do not have to quit your job to focus on multifamily investing. It gives you freedom and opportunities to do other things while still investing.
Resources Mentioned:
Atomic Habits by James Clear: https://www.amazon.com/Atomic-Habits-Proven-Build-Break/dp/0735211299
The 4-Hour Workweek by Timothy Ferriss: https://www.amazon.com/4-Hour-Workweek-Escape-Live-Anywhere/dp/0307465357
Sapiens: A Brief History of Humankind by Yuval Noah Harari: https://www.amazon.com/Sapiens-Humankind-Yuval-Noah-Harari/dp/0062316095
Bharat lives in California and has 20+ years of experience in IT/Tech Management. He is a General Partner in nearly 300 doors within 4 Real Estate transactions within (Kansas City and Atlanta). He has gone the full life cycle on 1 Real Estate Syndication and provided nearly 2x in returns for his investors. In addition, Bharat has closed 1 Land entitlement deal in Texas and is a limited partner in 4000 Units across 5 deals in the South and Southwest. In the spirit of giving back to society, Bharat is into service to support education for underprivileged children.
Get 3 Free PDFs For Wholesaling SFR/Mobile Homes and How To Make $100,000 a Yr. On The Side Of Your Full-Time Job When You Go To: https://ericlindseyml.com/
Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication Book:" https://moonlightcre.com/ebook_download/
Website: Moonlightcre.com
Click On The Link Below To Schedule A Call With Eric:
https://calendly.com/moonlightequitiesgroup/scheduled-conversation
During this episode, you will learn about:
[01:44] How Bharat started out in real estate
[03:43] The life of startups within the Silicon Valley
[05:47] How the economic bubble affected the tech space
[07:53] What inspired Bharat to get into the multifamily space and not other asset classes
[11:54] Philanthropy and give-back causes that Bharat is committed to
[17:07] How he was able to accomplish all the real estate success while working a W2 job
[21:30] A quick review of one of Bharat’s deals
[27:10] Something that Bharat wishes he had known before starting in real estate
[28:44] How long it took him to complete his first syndication deal as an LP
[29:50] How Bharat balances his personal life and business today
[32:16] How to start a successful syndication with a limited amount of time
[25:48] What to do if you’ve little cash and experience to become an active syndicator
[37:42] The best ways to connect with limited partners and active syndicators
[38:42] Personal development book that Bharat recommends to Moonlight listeners
Notable Quotes:
Multifamily is the most stable and less volatile among the real estate asset classes.Multifamily did well during the 2008 housing crash and the Covid-19 pandemic.You do not have to quit your job to focus on multifamily investing. It gives you freedom and opportunities to do other things while still investing.
Resources Mentioned:
Atomic Habits by James Clear: https://www.amazon.com/Atomic-Habits-Proven-Build-Break/dp/0735211299
The 4-Hour Workweek by Timothy Ferriss: https://www.amazon.com/4-Hour-Workweek-Escape-Live-Anywhere/dp/0307465357
Sapiens: A Brief History of Humankind by Yuval Noah Harari: https://www.amazon.com/Sapiens-Humankind-Yuval-Noah-Harari/dp/0062316095
37 min