Becoming a Hands-Off Passive Investor – Brian Burke

April 5

0  comments

Join A Thriving Community Of Thousands of High Performance Business Owners, Entrepreneurs & Investors getting the Investor Mindset delivered straight to their email...

Summary

Let’s take a look back at one of the best snippets with Brian Burke where we talk about finding the right investments and sponsors for your passive income needs. Join our private investor network at www.vonfinch.com/invest.

Brian Burke is the CEO of Praxis Capital Inc. and the author of “The Hands-Off Investor: An Insider’s Guide to Investing in Passive Real Estate Syndications”. Having started his investing career at only 20 years old, Brian has acquired over half a billion dollars’ worth of real estate with over 3,000 multifamily units and 700 single-family homes. Now an extremely successful multifamily syndicator, Brian shares with us some of his best practices when it comes to finding the right deals, creating relationships with the best sponsors, and figuring out if an opportunity is truly right for you.

If you’ve always wanted to be a hands-off investor but don’t know where to start, listen as Brian and I talk about the common pitfalls in passive real estate investing and how to avoid them. In this episode, you will learn about the factors to consider when choosing the right sponsor to work with, the things that mean you should say ‘no’ to a deal, and how certain decisions can increase your risk of failure.

KEY TAKEAWAYS

1. If you just ask, people might say yes.

2. When you invest with someone else, you’re adding a new failure point into the equation.

3. Consider your potential sponsor’s track record, team, and experience level.

4. Before saying yes to a deal, make sure that it meets your goals and needs.

5. Understand if the sponsor’s business plan makes sense.

BOOKS

The Passive Investing Playbook – http://investormindset.com/passive

LINKS

The Hands-Off Investor Book: https://store.biggerpockets.com/products/the-hands-off-investor

Brian Burke on LinkedIn: https://www.linkedin.com/in/praxiscapital

Learn more about investing with Steven at http://investormindset.com/invest

 

 

Becoming a Hands-Off Passive Investor – Brian Burke Transcription:

Coming soon...


Categories 

Tags

Active Investing, Investing, Investing Mindset, Investment Strategies, Mindset, Passive Investing, Real Estate, Real Estate Investing, Vision


You may also like

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}
NYN Passive Income planner

Get this Free Passive Income Planner

When you Name Your Number that you want to earn passively every month to create your ultimate quality of life, then you have taken the first steps towards financial freedom. 


Take Your First Step, Today.

>