Summary: Robert Kiyosaki once said, “Finding good partners is the key to success in anything: in business, in marriage and especially in investing.” On the show, we talk a lot about passive income and passive investments and how to create wealth through those vehicles especially real estate. What about partnerships or syndications?<br> <br> Today, I want to explore the world of investment partnerships, they're also known as syndications, and how you can potentially participate and profit from them as well. What is a syndication? In its simplest form, a syndication is just a pooling of investor money where the investor is typically a passive limited partner. The other partner to the deal is really a general partner or an active partner. That’s the person that puts the deal together. They manage the business plan. They provide the return and the benefits to all investors. You'll hear the general partner or GP often. They're also referred to as the syndicate or the sponsor. These terms are used interchangeably. At the end of the day, a syndication is nothing but a group investment. It’s a pooling of investment capital to put into an investment opportunity that is managed by a syndicator.<br> <br> We have an amazing guest on today’s show, someone who I'm getting know quite well. In fact I'm meeting for him for lunch here in a couple of weeks. We had a great opportunity to get to know each other recently. His name is <a href="http://premierlawgroup.net" target="_blank" rel="noopener">Mauricio Rauld</a>.<br> <br> If you missed our last episode, be sure to listen to <a href="http://www.passiverealestateinvesting.com/deferring-taxes-for-decades-and-the-dangers-of-1031-exchanges/" target="_blank" rel="noopener">Deferring Taxes for Decades (and the Dangers of 1031 Exchanges)</a>.<br> <br> Enjoy the show!<br> <br> – – – – – – – – – – – – – –<br> <br> Download your <strong>FREE</strong> copy of: <span style="text-decoration: underline;"><a title="The Ultimate Guide to Passive Real Estate Investing" href="http://www.noradarealestate.com/guide" target="_blank" rel="noopener noreferrer">The Ultimate Guide to Passive Real Estate Investing</a></span>.<br> <br> Get your <strong>FREE coffee mug</strong> by leaving us a Rating and Review on iTunes. <span style="text-decoration: underline;"><a href="http://www.noradarealestate.com/FreeMug/" target="_blank" rel="noopener noreferrer">Here's how</a></span>.<br> <br> See our available <span style="text-decoration: underline;"><a title="Turnkey Rental Properties" href="http://www.noradarealestate.com/" target="_blank" rel="noopener noreferrer">Turnkey Cash-Flow Rental Properties</a></span>.<br> <br> <a href="https://itunes.apple.com/review?id=1006557991&type=Podcast">Please give us a <span style="text-decoration: underline;">RATING & REVIEW</span></a> (Thank you!)<br> <br> <span style="text-decoration: underline;"><a href="https://itunes.apple.com/us/podcast/passive-real-estate-investing/id1006557991?mt=2">SUBSCRIBE on iTunes</a></span> | <span style="text-decoration: underline;"><a href="http://www.stitcher.com/s/?fid=68210&refid=stpr">Stitcher</a></span> | <span style="text-decoration: underline;"><a href="http://www.passiverealestateinvesting.com/feed/podcast">Podcast Feed</a></span><br>
