25 Years Finance, Accounting, Private Investment Management | 🔷 9-Figure Track Record | Real Estate Investor | Numbers Nerd 🤓 | Car Enthusiast 🚘 | MBA & CPA
The key 🔑 in passive real estate investment success is: 🥁 Finding the right sponsor! 🎉 Here's what to look for before making a decision: ✅ Experience: Seek sponsors with a track record in acquiring and managing investments, especially in multifamily properties. They should be adept at handling unforeseen deviations from business plans. ✉️ Transparent Reporting: Ensure your sponsor provides clear and frequent investment reports, including financial statements, capital account summaries, and performance updates. Transparency is key to building trust and confidence. 📊 The sponsor investing its own money in the deal: This is a crucial question to consider. A sponsor who puts its own money into a deal demonstrates commitment and confidence in the project's success. It aligns its interests with yours, creating a strong incentive to work towards maximizing returns. Additionally, when sponsors have its own capital at risk, they are more likely to make prudent decisions and prioritize the project's profitability. Choose the right sponsor and dive deeper into multifamily investments with our FREE Hawk-Eyed Handbook of Multifamily Investing. Grab your copy now: (link in the comments) #InvestmentInsights #MultifamilyInvesting #RealEstateSponsor #HeedTheHawk ---- 🔶 Hi, I'm Michael Wheeler. After 20 years of managing private investments for ultra-high net worth clients, I co-founded Volhawk Property Investments to offer stable, tax-advantaged real estate investments to our investors – typically high-performing, time-constrained professionals – so they can gain additional income and wealth appreciation with no time commitment. 🔶
You hit on 3 great questions here Michael - an easy way to get some exposure to how a GP or sponsor operates is to ask if you can sit in on the presentation for their next deal. You won't have an intention of investing on that deal, but you can see how they underwrite, present information, and their business plan. It can help you know if it's someone you align with or not!
That last point, Michael Wheeler. Does the sponsor put their money where their mouth is? It is often said that you don't have to remind pilots too much about following safety procedures. Their own lives are on the line. The same principle applies here.
Choosing the right sponsor is indeed a game-changer in passive real estate investing!
Finding the right sponsor is essential for passive real estate success! Michael Wheeler
25 Years Finance, Accounting, Private Investment Management | 🔷 9-Figure Track Record | Real Estate Investor | Numbers Nerd 🤓 | Car Enthusiast 🚘 | MBA & CPA
9mo📌 The Haw-Eyed Handbook of Multifamily Investing: https://www.volhawk.com/start-here