Financial Freedom with Real Estate Investing

MB 204: Marketing Multifamily Online (within SEC Rules) – With Gene Trowbridge

09 Mar 2020

Audio

Description

If you’re looking to scale your efforts at raising capital with an online platform, you may be curious what you can and cannot do to market your business. What exemptions do you need to file in order to legally advertise a multifamily offering? How do you build the ‘preexisting and substantive’ relationship with investors the SEC requires for the 506(b) when you’re connecting online? Gene Trowbridge is the managing partner of Trowbridge Sidoti LLP, a California law firm that specializes in real estate syndications and crowdfunding. Gene has extensive experience in commercial real estate investment, and in the last six years, his firm has authorized securities offering documents for more than $1.5B of equity raised. He is also the author of It’s a Whole New Business, the definitive book on securities for multifamily investors. On this episode of Apartment Building Investing, Gene joins me to discuss the two methods for legally advertising a real estate syndication (online or otherwise), the Reg A and 506(c). He explains why the 506(b) is more popular than the 506(c) and offers advice on proving a preexisting and substantive relationship with investors per the rules of the 506(b). Listen in for Gene’s insight on doing a 1031 Exchange in a syndication and learn how to leverage the tenant in common agreement to bring on new investors. Key Takeaways The two ways to legally advertise a real estate syndication Regulation A+ Regulation D 506(c) What syndicators need to know about the Reg A Costs $50K to $100K and takes 4 to 6 months Works for syndicators with huge social network Why more investors don’t do a 506(c) Most sophisticated sponsors have enough investors Requires third-party verification of accredited investors The SEC rules around the 506(b) Not allowed to advertise offering Must show substantive + preexisting relationship What it means to have a substantive + preexisting relationship More than just collecting email address More interactions = easier to prove Gene’s advice on proving a preexisting relationship Develop record-keeping system to track interactions Use introductory questionnaire (sign and date) How to work with an investor with 1031 Exchange money Cannot invest in LLC (must be deed to deed) Make them tenant in common in new ownership structure What to do when some of your LPs want their money from a sale Interview investors prior to sale re: potential for 1031 Open two separate escrow accounts (one for holdouts) How to bring on new investors in a 1031 Exchange project Operating agreement may allow for new investors in LLC Two separate LLCs as tenants in common (= partnership) Connect with Gene Trowbridge Trowbridge Sidoti LLP It’s a Whole New Business by Gene Trowbridge, Esq. CCIM Resources Regulation A Regulation D No Action Letters 1031 Exchange...

Transcription

This episode hasn't been transcribed yet

Help us prioritize this episode for transcription by upvoting it.

0 upvotes

🗳️ Sign in to Upvote

Popular episodes get transcribed faster

Other recent transcribed episodes

Transcribed and ready to explore now

3ª PARTE | 17 DIC 2025 | EL PARTIDAZO DE COPE

01 Jan 1970

El Partidazo de COPE

13:00H | 21 DIC 2025 | Fin de Semana

01 Jan 1970

Fin de Semana

12:00H | 21 DIC 2025 | Fin de Semana

01 Jan 1970

Fin de Semana

10:00H | 21 DIC 2025 | Fin de Semana

01 Jan 1970

Fin de Semana

13:00H | 20 DIC 2025 | Fin de Semana

01 Jan 1970

Fin de Semana

12:00H | 20 DIC 2025 | Fin de Semana

01 Jan 1970

Fin de Semana

Comments

There are no comments yet.

Please log in to write the first comment.

Report any issue

Financial Freedom with Real Estate Investing

MB 204: Marketing Multifamily Online (within SEC Rules) – With Gene Trowbridge

This episode hasn't been transcribed yet

Other recent transcribed episodes

3ª PARTE | 17 DIC 2025 | EL PARTIDAZO DE COPE

13:00H | 21 DIC 2025 | Fin de Semana

12:00H | 21 DIC 2025 | Fin de Semana

10:00H | 21 DIC 2025 | Fin de Semana

13:00H | 20 DIC 2025 | Fin de Semana

12:00H | 20 DIC 2025 | Fin de Semana

Sign in to Audioscrape

Share this moment