E330 - Legal Potholes Capital Raisers Should Know About

<p><span style="font-weight: 400;">There is a massive tsunami of interest headed towards the world of syndications and passive investments. </span></p> <p><span style="font-weight: 400;">As you might know, I’m a huge proponent of this shift and believe it’s long overdue. </span></p> <p><span style="font-weight: 400;">However, as new participants enter the space, it’s essential that they realize there are significant legal implications of pooling investors together, especially when millions of dollars are at stake. </span></p> <p><span style="font-weight: 400;">Today, we are joined by Kim Lisa Taylor, the founder of Syndication Attorneys, and the author of</span> <strong><em>How to Legally Raise Private Money</em></strong><span style="font-weight: 400;">. She’s here to give you a framework of what to do, what NOT to do, and how to avoid massive legal headaches when you’re raising money for syndications. </span></p> <p><span style="font-weight: 400;">In this episode, we are going to discuss… </span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Why there is a quantum leap of legal complexity if your investors do not have significant control over the management of the assets in which they are investing </span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">What an “Investment Company” is and why it’s important to avoid that classification </span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Some of the horror stories she’s had to work through for her clients, and how you can avoid making the same mistakes they made</span></li> </ul> <p><span style="font-weight: 400;">Especially if you’re participating on the active side of any real estate transaction, it’s important that you understand and quantify the risk of litigation when pooling investors together. </span></p> <p><span style="font-weight: 400;">This short interview will give you a lot to think about before raising your next million! </span></p> <p>