What Happened In Las Vegas At Our Real Estate Syndication Seminar (Part 1 of 3)

Every now and then, what happens in Vegas gets talked about and shared with others. This is one of those times.

Below is the first part of my personal reflections from the Real Estate Deal Making And Syndication Symposium that I just held in Las Vegas. My comments are directed toward the other people who attended this live program, but I chose to share them on my blog for the benefit of all real estate professionals and experienced investors.

Driving back from Las Vegas, I had lots of time to reflect on the experience that all of us had over the last several days and I can't help but think that there were many connection points for all of us. We had opportunities to make new friends, take in new material, and grow individually. I hope that one or more of these points resonates for you because they're all part of the experience that made the symposium great. I welcome you to add to this list, but these are a few of the items that I came up with when I looked back on the week.

Sunday, November 15, 2009

The cocktail party that we opened with was fabulous. Everybody was a little bit reserved as many people began meeting strangers for the first time — but these strangers would soon become colleagues with a lot in common and the possibility of doing deals together.

The Mint Lounge saw a lot of action from our group of syndicators. At the end of every day many of us capped off the evening with an hour or two in the lounge with beverages and other indulgences. We closed out the night by talking about more deals and getting to know one another both professionally and personally.

Monday, November 16, 2009

Russ Frandsen, our resident SEC attorney, opened the morning with a talk that was frightening to some and overwhelming to others. One person came up to me and actually said that as a result of that talk they wanted to throw their hands up and not do syndication at all. Luckily, I think I talked that person out of it. I know from following up with many of our attendees that Russ' speech provided the wisdom necessary to keep our syndicators out of trouble.

I felt that the audience was riveted as I talked about Guru Marketing and how to become a guru in your particular field. I know that from my conversations that most everyone took away the lesson of putting themselves squarely in the middle of their own guru niche. Whether you write your own blog or license material from me, many of our attendees took home a critical lesson and I hope that you personally get your blog up and running soon. If it is, please be sure to add Matt and me to your distribution list.

Ron Golbus, my dear friend from Aspen Colorado, is the framed art and mirror guru of Las Vegas. He shared just a taste of how he has used his guru expertise in the niche that he's developed to create a multi-million dollar, one-of-a-kind business. He passed out a little bit of his trade materials so that each of us could see how he puts lipstick on his products and services. Nothing sizzles more than the way that Ron lays out his materials. That's a critical take-away for syndicators: we have to dress up our products so that they get the attention of our prospective investors and demonstrate our seriousness and success attitudes.

Cost segregation is a tax concept that syndicators need to understand because it helps their investors by forcing cash flow forward in time. Garry Adams explained this concept masterfully. And although it's fairly technical in nature, he made it as easy to understand as possible for our attendees.

Finally, we transitioned from the meeting room to having dinner together at Nove, which is the Italian restaurant on the 52nd floor of the Palms hotel. Our dining experience was fabulous. We had several private groups and each was able to have intense conversation and enjoy lots of relationship building.

That's all for today's post. Be on the lookout for Part 2 tomorrow. Also, if you are interested in attending our next Real Estate Syndication And Deal Making Symposium (http://dealmakingsymposium.com/) at more than 50% off the price, participate in our special Cyber Week Offer by telling us about your current business situation with the simple form here:

http://www.joelblock.com/contact.htm

After you fill out the form, someone from our office will be in touch with you very quickly.

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We are in the real estate syndication business. We invest in properties and we offer seminars to assist others in acquiring the skills needed to raise capital to purchase real estate and to syndicate properties. Syndication is very relevant for helping you in raising funds or investment capital for any real estate investment, whether it be for commercial property or another kind of investment property. It also works to raise venture capital and for capital to finance an independent film

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About Joel G. Block, President of Growth-Logic, Inc. Often dubbed a "Growth Architect" by his clients, Joel Block advises companies on explosive growth strategies by driving revenue and sales. Well known in the capital markets, Joel is a successful entrepreneur, speaker, advisor and faculty member of the iLearningGlobal community.

To bring Joel into your company, please visit http://www.joelblock.com. Also, we have expanded our focus to include the purchase of real estate assets. Please see http://www.bullseyecap.com/ to learn more.

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