A Simple but Effective Way To Invest Passively

AZREIA Show

In this episode of The AZREIA Show, host Marcus Maloney and co-host Mike Del Prete sit down with special guest Randy Smith, founder of Impact Equity LLC.

They discuss Randy's transition from corporate life to entrepreneurship, as well as the topics of capital raising and syndication. Randy shares his insights on investing in real estate and offers valuable advice for passive investors.

If you're looking to learn more about building wealth through real estate, this episode is a must-listen. Don't forget to leave us a five-star review and let us know your thoughts!

Key Takeaways: 00:00:36 - Randy's Corporate Background 00:01:18 - 401k and Retirement Realities 00:02:39 - Transition from Corporate to Real Estate 00:03:47 - First Real Estate Investment Experience 00:04:29 - Importance of Spousal Support in Investing 00:05:27 - Lessons from Initial Investments 00:06:05 - The Reality of Turnkey Investments 00:07:21 - Due Diligence on Turnkey Providers 00:08:19 - Learning from Investment Mistakes 00:09:28 - Transition to BRRRR Strategy 00:10:12 - Family Dynamics and Financial Decisions 00:11:52 - Referrals and Due Diligence 00:12:25 - Scaling Up to Multifamily Investments 00:14:05 - Financial Stability and Layoff Experience 00:15:00 - Laid Off and Next Steps 00:17:01 - Financial Prudence and Dave Ramsey 00:17:44 - Hedge Against Job Loss with Real Estate 00:18:37 - From Single Family to Multifamily Syndication 00:20:32 - Syndication Model and Passive Investing 00:23:51 - Raising Capital and Finding Operators 00:26:03 - The Fund Model and Investor Protection 00:27:40 - Identifying Strengths in Real Estate 00:28:09 - Vetting and Trusting Operators 00:30:03 - Future Plans and Contact Information

Connect with Randy Smith at: Facebook: @ImpactEquityLLC Instagram: @randysmithinvestor

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