Category Archives: Blog

As part of the diligence and syndication onboarding process, one of the most overwhelming documents to read is the private placement memorandum (PPM). In a prior snippet we detailed they key sections of the PPM. However, a question frequently raised by fellow passive investors is – what are top 3-4 areas I should pay the […]

If you have been investing in syndications for a while, from time to time you may across the term preferred equity or preferred equity partner. Perhaps you have not encountered this term before but may be curious about what it really means. In today’s quick snippet we’ll demystify just that, discuss some pros and cons, […]

The same deal can be presented two ways. In one version, an investor protects one hundred percent of their capital. In the other, that same investor recovers roughly twenty cents on the dollar. Nothing about the building changes between the two stories. The only thing that moves is the exit cap rate. A few years […]

Almost every operator sends the same two documents. The operating statement, which shows the property produced income over the period. The balance sheet, which shows what it owns and owes on a given date. Both are necessary. Both are standard. And on their own, neither one answers the question a limited partner actually needs answered: […]

The Busy Professional’s Guide to Passive Apartment Investing, second edition, is now live on Amazon in print, digital, and audio format.  It officially reached best seller status across multiple commercial real estate categories. Thank you to everyone who bought a copy, attended the Live, sent proof of purchase for the bonuses, and shared the announcement.  […]

“Life is like a box of chocolates, you never know what you’re going to get.” said Forest Gump in the movie. In a similar manner there were certain items that surprised me when I first started investing in real estate, which I want to share with you today. While some were learning opportunities, others were […]

When investing in a fund or syndication, understanding financial statements is key to evaluating the credibility and accuracy of reported financials. These statements provide insight into a company’s financial health and transparency. I find that very often investors are not aware of the nuances across the various financial statement types and thought it would be […]

The time has arrived! You have found a sponsor that you know, like, and trust! You have done your research and gotten educated on the market(s) of your interest and how to vet investment opportunities. Now awaiting in your inbox is an invitation to join an informational webinar on a new investment your sponsor has […]

In prior articles I shared how understanding the lead sponsor’s track record is key when vetting them. However, that often raises the question – how does one actually vet their track record, what questions to ask, and what steps to take to perform proper diligence. In today’s quick snippet I share seven categories to pay […]

I cringe when I read how passive investing on social media is often described as sitting on a beach, sipping pina coladas, and doing no work. I suppose that is possible in theory. However, from my own experience (as both an active and a passive investor) this differs from reality. I do not want to […]