Today, let’s dive deeper into more aspects of apartment syndication as Mack Benson joins us to offer his expertise from underwriting to closing large deals. Pay attention to this episode as we discuss the challenges, advantages, and complications of syndicating multifamily deals. You’re definitely in the right show if you want to be the next expert in this niche!

Key Takeaways To Listen For

• Positive effects of listening to real estate podcasts
• The value of mentorship in developing your network and mindset
• Significance of having a business partner in closing deals
• Possible challenges of closing real estate deals
• Some complications of having a 1031 exchange involved in syndication and why you should have a legal structure in place
• Advice on how to communicate with investors about the current status of the project

Resources Mentioned In This Episode

• Rich Dad Poor Dad by Robert T. Kiyosaki | Paperback
• BiggerPockets

About Mack Benson

Mack has degrees in computer networking and applied mathematics which has allowed him to become a master underwriter for multifamily commercial properties and an IT analyst at a top-rated multi-regional U.S. bank. Prior to Mack’s real estate journey, he spent over 15 years in business management including hospitality and automotive repair. During this time, he managed multiple integrations relating to acquisitions and mergers. 

He is a proud father to three children ages 1, 2, and 8 with his wife, Jennifer. Mack is the founder of Infinite Focus Capital with real estate investments in Minnesota. The most recent general partnership acquisition was a 44-unit multifamily portfolio in Minneapolis, Minnesota in December 2021. 

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