Find a sponsor, assess the deal, then invest money. Becoming a passive investor seems like an easy feat, but trust us, there is much more to it than that. Find out more about our investing opportunities here 👉 www.vonfinch.com/invest 👈
In this week’s episode, we have Brian Burke to walk us through the intricacies of becoming an effective hands-off investor. Brian is the president and CEO of Praxis Capital, a vertically integrated real estate private equity investment firm that helps its clients build wealth through quality investments. With over 30 years in the industry, Brian has acquired over half a billion dollars’ worth of real estate with a wide variety of asset classes, making him one of the most influential people in real estate in the country.
Today, Brian devotes his time to helping others become passive investors themselves and achieve financial prosperity that way. In fact, he has written the book The Hands-Off Investor: An Insider’s Guide to Investing in Passive Real Estate Syndications for this exact purpose. But luckily for us, we don’t have to read the book (yet!) as Brian shares his most important strategies in becoming a real estate investor in this exclusive interview.
Listen as Brian talks about the process of assessing a real estate sponsor before investing your money, the most critical things that go into the due diligence process, and the mistakes you want to avoid before and after shifting into passive mode. So, whether you are just about to go into passive investing or an active investor looking to switch to passive, this episode will give you a few valuable pointers on where and how to start.
Find a sponsor, assess the deal, then invest money. Becoming a passive investor seems like an easy feat, but trust us, there is much more to it than that. Find out more about our investing opportunities here 👉 www.vonfinch.com/invest 👈
In this week’s episode, we have Brian Burke to walk us through the intricacies of becoming an effective hands-off investor. Brian is the president and CEO of Praxis Capital, a vertically integrated real estate private equity investment firm that helps its clients build wealth through quality investments. With over 30 years in the industry, Brian has acquired over half a billion dollars’ worth of real estate with a wide variety of asset classes, making him one of the most influential people in real estate in the country.
Today, Brian devotes his time to helping others become passive investors themselves and achieve financial prosperity that way. In fact, he has written the book The Hands-Off Investor: An Insider’s Guide to Investing in Passive Real Estate Syndications for this exact purpose. But luckily for us, we don’t have to read the book (yet!) as Brian shares his most important strategies in becoming a real estate investor in this exclusive interview.
Listen as Brian talks about the process of assessing a real estate sponsor before investing your money, the most critical things that go into the due diligence process, and the mistakes you want to avoid before and after shifting into passive mode. So, whether you are just about to go into passive investing or an active investor looking to switch to passive, this episode will give you a few valuable pointers on where and how to start.
KEY TAKEAWAYS
1. The answer is ‘no’ if you don’t ask.
2. When you invest with someone else, you add a new failure point to the equation.
3. Before you go into a deal, teach yourself deal analysis first.
4. Even when you are a passive investor, you have to keep an eye of what’s going on.
5. If rent gets only bigger and bigger in accounts receivable, it could be a sign of a sponsor hiding bad debt.
6. In real estate investing, eliminate a single point of failure—diversify.
LINKS
https://www.linkedin.com/in/praxiscapital
https://www.amazon.com/Hands-Off-Investor-Insiders-Investing-Syndications/dp/1947200275