Many real estate investors prefer to be passive and avoid the many responsibilities of owning and managing properties. You can do this by becoming a limited partner in a syndication, which affords you the tax benefits and profit participation of owning real estate, without the headaches of actually taking care of the investment.
But investing in a syndication as a limited partner can be a daunting task. How do you know if you can trust the operator, understand the asset class, or even make a profit when all is said and done.
My guest today advises limited partners on existing and future investments, and today he’s going to help us understand how to properly vet LP investments in the grand scheme of our portfolios.
Aleksey Chernobelskiy has underwritten and overseen $10 billion in commercial real estate portfolios in his previous position with STORE Capital.
Lately, Aleksey has had many conversations with limited partner investors who are receiving capital calls from their sponsors. We’re going to discuss how he advises his clients to respond.
Find out more:
https://lplessons.substack.com/p/top-15-syndication-mistakes
LinkedIn: https://www.linkedin.com/in/chernobelskiy/
Twitter: https://twitter.com/chernobelskiy
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place conference center.
This is The Must-Attend Two-Day event for Real Estate Investors at all levels!
And I have a special speaker announcement to make today.
Jonathan Mast will be our featured speaker on Artificial Intelligence and his topic will be “Smart Investing: Maximizing AI’s impact on Short-Term Vacation Rental Investing”
Jonathan will be a featured speaker on Thursday, February 22 at 9 am. He’ll also be presenting earlier that morning at 8am on “AI for Housing Providers and Investors”
Come get your double-shot of AI that morning with Jonathan!
You can go to www.midwestREIconference.com to get your tickets and find out more.
Rod Khleif is back on the show today. For those of you who don’t know Rod, he owns multiple businesses, he’s a philanthropist, and he’s passionate about multifamily real estate, business, high performance strategies, and giving back.
Rod owns over 2,000 properties and has an incredibly popular multifamily bootcamp and podcast.
Today Rod shares his outlook on multifamily investing in 2024. Even though he’s expecting more distress, he’s also looking for incredible opportunities.
During the Great Recession Rod lost over $50 million dollars, and he’s going to highlight the specific steps he took to get it all back – and more. These are lessons that everyone can benefit from and put into action right away.
Find out more:
Website: http://Rodkhleif.com
LinkedIn: Rod Khleif - https://www.linkedin.com/in/rodkhleif/
Twitter: @RodKhleif - https://twitter.com/RodKhleif
Instagram: @Rod_Khleif - https://www.instagram.com/rod_khleif/
Facebook: Rod Khleif Official - https://www.facebook.com/rodkhleifofficial/
YouTube: https://www.youtube.com/RodKhleif
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place conference center.
This is The Must-Attend Two-Day event for Real Estate Investors at all levels!
And I have a special speaker announcement to make today.
Adrian Smude will be our featured speaker on “Wheels of Fortune—Cashing in on Mobile Home Investing”
Adrian will be speaking Thursday, February 22 at 10:30 am. And you definitely don’t want to miss his presentation.
You can go to www.midwestREIconference.com to get your tickets and find out more.
My guests today have developed their own unique systems and formulas for investing in multifamily, and today they’re going to discuss joint ventures vs. syndications, the three core roles of multifamily investing, and their five cornerstones of a thriving multifamily business.
Jen and Stacy Conkey have over two decades of investment experience and are the founders of Remote Multifamily Investing Academy. They’re also co-authors of the book “Multifamily Freedom Hacking” which is available on Amazon.
Jen is also an NLP Master Practitioner and business strategist, and she’ll be sharing her fascinating insights on neuro-linguistic programming and how you can leverage NLP as a real estate investor.
Find out more:
YouTube channel:
https://www.youtube.com/c/MultiFamilyRealEstateInvesting
Facebook - Jen Conkey:
https://www.facebook.com/jennifer.conkey
Facebook - Stacy Rose Conkey:
https://www.facebook.com/stacy.conkey
Live Events: www.wowcon.com
Website: www.rmfiacademy.com
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the DeVos Place conference center.
This is the must-attend two-day event for real estate investors at all levels!
And I have a special speaker announcement to make today.
BiggerPockets contributor Alex Jarbo will be our featured speaker on “The Future of Hospitality Management in the Short-Term and Vacation Rental Space” on Thursday, February 22nd at 1:30pm.
Alex will also be speaking on a panel that same morning at 8:00am on how to “Elevate Your Portfolio with Boutique Hotels & Resorts”.
You can go to www.midwestREIconference.com to get your tickets and find out more.
Over the past nine years Mike Mannino has built a business that flipped over 80 houses. By the age of 30, Mike had built a portfolio of over 60 rentals. He’s also created multiple companies that generate over $1 million per year in revenue.
Today Mike shares his strategies and secrets that have put him among the top 1% of income earners in the real estate industry.
We discuss the systems and teams he’s put in place to operate his businesses so he can work as little as possible, how he differentiates his company by directly marketing to sellers, as well as his parallel tract of investing in multifamily properties.
Mike’s big ‘why’ in the beginning was to help his dad retire by the age of 60. Did he get there? Listen to this episode to find out!
Find out more:
Free Resources: How to Fix and Flip a House For $55K Profit Step-By-Step - www.55KDeal.com
How to Make $175,000 On A Deal (Apartment Or Self Storage) You Don't Want - www.175KDeal.com
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd in Grand Rapids, Michigan at DeVos Place.
Anthony Chara will be one of our featured speakers, presenting on Building Generational Wealth: Increase Wealth Exponentially with Multifamily Properties.
Anthony will be speaking Friday, February 23 at 10:30 am. He’ll also be a guest on our apartment investing panel at 8am that same morning where we’ll be discussing how to scale your investment strategies with apartments.
This is THE must-attend two-day event for real estate investors at all levels!
You can go to www.midwestREIconference.com to get your tickets and find out more.
Happy New Year everyone! It’s January 1st and we have a huge announcement to make about the RPOA’s 2024 Midwest Real Estate Investor Conference.
Just like in past years it will take place this February in Grand Rapids, Michigan, and it’s a must-attend for real estate investors at every level.
But we’re also changing it up a bit to make it even more impactful and exciting, so I’ve invited Kathy Bartnick from the RPOA here today to help share the news.
Midwest Real Estate Investor Conference - February 22-23, 2024 | Downtown Grand Rapids, Michigan at Devos Place
Find out more:
https://www.midwestreiconference.com
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.