CTW 148: Randy Langenderfer - Understanding Preferred Returns


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By Juan Vargas and Juan Vargas / Multifamily Real Estate Investing / Apartment Investing / Rea. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Randy has 25+ years of various corporate leadership experiences in multiple industries, primarily in the risk and governance areas. He currently serves as the Chief Compliance and Audit Officer for a large academic medical institution in Houston, TX. He has a bachelor’s degree in Accounting, Information Systems, an MBA in Finance and is a CPA. Randy has been investing in real estate since his first primary residence purchase of a duplex. Previously, he was a private money lender in the remodeling of single family homes in Florida, Ohio and Texas with a combined market value in excess of $2.5M. His recent focus has been exclusively in multi-family properties. He has been a general partner in 258 doors representing over $11M in assets managed and a limited partner in numerous more.

Topics Covered

  • Understanding “the simple model”
  • Getting into the Investment Executive Summary

  • Investor friendly v. sponsor friendly models

  • Know your sponsor

  • Assessing your sponsor/GP

Nuggets of Wealth

  • What is a good tool, source, or platform that you use almost daIly that can also help others? Spreadsheets
  • Which book are you currently reading and which one has had the biggest impact on your life? The Ride of a Lifetime. Mastering the Market Cycle
  • Advice for someone wanting to invest in MF? Invest in your real estate education
  • Do you have any rules for success that you live by? Be in it for the long haul
  • At the end of your life, how do you want to be remembered? Husband, father, someone that gave back
  • What’s the best way my audience can reach out to you? Randy.langenderfer@invest-ark.com Invest-ark.com

152 episodes