Manage episode 298982986 series 2850536
On Discovering Multifamily Episode 152, Randy Langenderfer joins us to discuss how he knew his job with a private equity firm wasn't a long-term employment situation, so he started looking for another source of income. After vetting many options, he settled on real estate. He started his real estate investing path by lending money to single-family flippers. Before he felt comfortable lending his hard-earned money to a flipper, he thoroughly vetted the company and it's leaders.
Today, Randy focuses on multifamily investing. He's invested in many apartment syndications as an LP and he uses the same vetting process for syndication sponsors that he used before lending to single family flippers.
Randy's Key Ingredient for REI success: Be an active passive investor. Get educated and thoroughly vet the jockey (the deal sponsor/GP team) and the horse (the deal/investment opportunity). https://www.invest-ark.com/
#financialfreedom #passiveinvesting #activeinvesting #investsmart #investwisely #buildingwealth #multifamily #podcast #Red Knight Properties #Anthony Scandariato #Brian Leonard #investing in real estate #investing in multifamily #investing in syndication