• ZombiFrancis@sh.itjust.works
    link
    fedilink
    arrow-up
    158
    ·
    edit-2
    1 year ago

    “Multifamily syndicator” seems like a euphemism for paying child support and alimony.

    Though the reality is its when a group of investors become a landlord for a duplex. And with “$50 million in assets raised” it appears this guy convinced people to invest in a row of L.A. duplexes.

    What a champ. A real market maker.

    • terwn43lp@lemmy.world
      link
      fedilink
      arrow-up
      70
      ·
      edit-2
      1 year ago

      how to make money:

      own property

      charge poor people half their salary

      ???

      write a blog telling poor people to work more

      • I Cast Fist@programming.dev
        link
        fedilink
        English
        arrow-up
        18
        ·
        1 year ago

        Don’t forget this step:

        write a book on how the poor can get rich like you (by selling your book to other suckers)

    • Neuromancer@lemm.ee
      link
      fedilink
      arrow-up
      13
      arrow-down
      1
      ·
      1 year ago

      It’s a real estate thing.

      Yes if I was self employed I’d do that but not for a company.