42: Tilden Moschetti, Esq. - Syndication Legal Expert

SummaryIn this episode, welcome Tilden Moschetti, Esq., a legal expert in real estate syndication and fund management. Tilden shares his journey into the industry and provides insights into the structure and regulations of syndication deals. He emphasizes the importance of trust between syndicators and investors and highlights the rules and regulations that govern syndication offerings. Tilden also discusses different structures, such as REITs, funds, and DSTs, and provides advice for sponsors on fee structures and investor communication.TakeawaysTrust is crucial in syndication deals, and investors should only invest in deals where they trust the syndicators.Syndication deals are governed by regulations, such as Regulation D, and it's important to ensure that the rules are being followed.Different structures, such as REITs, funds, and DSTs, have different benefits and considerations, and sponsors should choose the structure that aligns with their investment goals.Sponsors should properly incentivize themselves by setting appropriate fees and be transparent with investors about the fees and the investment plan.DSTs are a good option for 1031 exchange investors, but it can be challenging to fit them into syndication structures.Sponsors should disclose all relevant information to investors and maintain open communication to build trust and ensure a successful partnership.Chapters00:00 Introduction and Background04:50 Understanding Syndication Structures09:14 Different Rules for Different Offerings14:40 Choosing the Right Structure: REITs, Funds, or DSTs22:43 The Importance of Transparency and Communication29:00 Challenges and Considerations of DSTs in Syndication35:07 The Complexity of Combining Securities and Real EstateSocial Links:Podcast: The Retiring Real Estate InvestorFollow us on Instagram: @InvestWithInsightFollow us on Facebook: @InvestWithInsightFollow Brandon on Linkedin: @BrandonBruckmanJoin the Facebook group: Invest with InsightListen on Spotify: The Retiring Real Estate InvestorListen on Apple: The Retiring Real Estate InvestorIf you're looking to learn more about DSTs, 1031 exchanges and passive investing, visit www.investwithinsight.comThe firm is a registered investment adviser with the states of KS, MO, WI, CA, AZ, TX, LA, and may only transact business with residents of those states, or residents of other states where otherwise legally permitted subject to exemption or exclusion from registration requirements.