214: How To Make Your Money Work Harder Through Syndication with Sam Morris

Syndications are popular for experienced investors, but they’re also gaining steam for new investors who want to make their money work harder. On this episode of Zen and the Art of Real Estate Investing, Jonathan sits down with Sam Morris, CEO of Sunset Capital, a Houston-based vertically integrated real estate investment and asset management firm. Sam has over 18 years of experience as a corporate banker and more than 20 years in real estate acquisition and disposition. Jonathan and Sam begin their conversation by discussing real estate cycles and why it’s important to hang on despite the ups and downs of the market. Sam outlines his experiences during the 2008-09 financial crisis and how he entered real estate investing through his career as an underwriter in corporate banking. You’ll hear why syndications appealed to Sam, the importance of risk mitigation, and the dangers of underinsured assets. He explains the tipping point coming with insurance costs, the importance of transparency with investors, and the two assets Sam sticks to. He shares why self-storage is catching up to multifamily in popularity, why you need to know who potential buyers of an asset are before the buy, and how vertical integration can benefit syndications. Buying into a syndication means someone else is putting in the hard work while the asset creates passive income for the investors. To learn more about making your money work harder through syndications, don’t miss this episode with experienced investor Sam Morris. In this episode, you will hear: Understanding the cycles of real estate and hanging on through the ups and downs Sam Morris’s experiences during the 2008-09 financial crisis How Sam entered the real estate world through a career as an underwriter Why syndications appealed to Sam and the risk mitigation associated with those deals The dangers of underinsured assets, the tipping point that’s coming with insurance costs, and being transparent with investors Sam’s two assets–multifamily and storage–and the avatar of his investors What ECRI is and why self-storage is quickly catching up to multifamily Recognizing who the potential buyers of an asset are before the buy and having an exit strategy in place The importance of vertical integration and the difficulties of property management Where Sam finds deals and provides advice for new investors who want more passive investments Follow and Review: We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/214/ to download it. Supporting Resources: Sunset Capital - www.sunset-capital.com Sunset Capital on YouTube - www.youtube.com/@sunsetcapital Sunset Capital’s Facebook page - www.facebook.com/sunsetcapitalre Find Sunset Capital on Instagram - www.instagram.com/sunset_capital Connect with Sunset Capital on LinkedIn - www.linkedin.com/company/sunset-capital-tx Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.