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Summary
When investors are looking to partner with you they may be looking at how long you have been doing this, however, that is not nearly as important as your track record. There are sponsors that have been doing this for years however their track record may not be as impressive as yours with only a couple of years under your belt. In this episode, Steven explores the importance of the track record and its success. Remember, as either investor or sponsor, you are investing in the people first and then the deal itself.
Key Takeaways
- There is importance in getting to know the team behind the investment you’re making. You need to make sure you are investing and betting on the right people.
- Understanding of what track record of success is and the value of experience over time.
- Why it is better to have a team that is local to the market
- What questions should you be asking to understand the sponsor’s values
Want to learn more about this opportunity and whether it is right for you?
Join us at our next Passive Investment Opportunity Webinar. Learn more at www.vonfinch.com/mesa
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YOUR HOST:
Steven Pesavento
The Investor Mindset Podcast & President VonFinch Capital
Steven Pesavento has always been obsessed with understanding how we can think better, how we can be better and how we can do better. He is an active real estate investor who curates Commercial Real Estate Investments for clients.
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