The Hands-Off Investor: An Insider's Guide to Investing in Passive Real Estate Syndications - Softcover

Burke, Brian

Softcover

ISBN 10: 1947200275 ISBN 13: 9781947200272

Publisher: Biggerpockets Publishing, LLC, 2020

Synopsis

Outsource your real estate investments--and say goodbye to the hassles of tenants, toilets, and trash--with the ultimate guide to passive syndications.

Even for experienced real estate investors, finding the right passive syndication opportunity can be overwhelming. But Brian Burke, a private equity firm CEO with half a billion dollars of real estate acquisitions, will show you how to evaluate opportunities and offerings so you can pick the right sponsors and improve your odds of success.

Inside, You'll Learn:

• How to find and vet an experienced, engaged sponsor
• Red flags to avoid--and the performance metrics and communication standards that will keep you on track
• How to understand income and create realistic, air-tight underwriting and projections
• Typical sponsor fees, profit splits, and debt structure
• How to measure alignment of interest, judge performance projections, and more!

About this title

About the Author

Brian Burke is CEO of Praxis Capital Inc., a vertically integrated real estate private equity investment firm. Brian has acquired over half a billion dollars' worth of real estate over a 30-year career, including thousands of multifamily units and more than 700 single-family homes, with the assistance of proprietary software that he wrote himself. Though he prefers to reposition existing multifamily properties, he has also subdivided land, built homes, and constructed self-storage. Brian is a licensed pilot, so when he isn't investing in real estate, he can be found, literally, in the clouds.

From the Back Cover

Want to invest in real estate but don't have the time? Outsource your investments with passive syndications!

Even if you don't have time to be in the trenches, you can still add real estate to your investment portfolio. Syndication deals provide an avenue to invest in real estate without tenants, toilets, or trash--and this comprehensive guide will teach you to invest in private offerings the right way.

Syndications are to real estate like mutual funds are to stocks: A typical deal involves multiple investors passively financing a fund, while a manager is responsible for picking the real estate and managing the portfolio. Author Brian Burke, a syndications insider with decades of experience with forming and managing syndication funds, will show you how to evaluate sponsors, opportunities, and offerings so you can pick the right sponsors and achieve the highest odds of a favorable outcome.

Inside, you'll learn:

How to find real estate syndication investment sponsors--and how to evaluate them to find the best possible opportunities

The practical skills you need to understand income, cash flow projections, and investor waterfalls

Red flags to look for and tricks that syndication sponsors can play

How various debt options affect risk and return

The biggest and most common underwriting mistakes that sponsors make

The important difference between identified asset syndications and blind pool funds

Typical sponsor fees and profit splits

The tax implications of syndication investments and how to implement a proper reporting strategy

How to measure alignment of interest, judge performance projections, and more!

Edition details

• Publisher: Biggerpockets Publishing, LLC
• Publication date: 2020
• Language: English
• ISBN 10: 1947200275
• ISBN 13: 9781947200272
• Binding: Paperback
• Number of pages: 367