Kim Lisa TaylorSecurities Attorney, Founder, Syndication Attorneys, PLLC · Corporate Securities Attorney, 2x Best-Selling Author, Nationwide Speaker | Private Placement

From Lyft to Real Estate Revolution Perry's Journey

3 Apr 2024 · 1 min

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In this brief first‑person account, the speaker— a software engineer— recounts his entry into real‑estate syndication. In 2019 he led his inaugural syndication of a 172‑unit apartment complex, raising $3.5 million of the $4.3 million target. While handling the deal he relied on DocuSign and Google Sheets, which he found painfully inefficient given his engineering background. Recognizing an opportunity, he began developing a dedicated software platform on the side about four years ago. The effort grew to the point where he quit his engineering job and applied to Y Combinator, the famed Silicon Valley startup accelerator, to turn the prop‑tech solution into a full‑time venture.

Chapters

My background is in software engineering. Did my very first syndication in 2019, where it was a 172-unit apartment complex and raised about $3.5 out of the $4.3 million on that deal. I'm always the lead sponsor on every deal. On that very first deal, we were using DocuSign and Google Spreadsheet. I thought to myself, with my engineering background, that this is very inefficient and there must be a better way. We started about 4 years ago. So since then, we started developing it on the side. So that's when we quit our— quit my job, when I quit my job and applied to Y Combinator, which is a Silicon Valley incubator program.