How to Invest Passively In Commercial Real Estate with Crowdstreet
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- Опубликовано: 3 авг 2024
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Episode 201 - In this interview, Coach Carson talks to Ian Formigle of Crowdstreet about passive commercial real estate investing. Until recently, the best commercial deals were only available to insiders and elite, larger investors. But innovative tech platforms like Crowdstreet have made it possible for smaller, accredited investors to also get in the game. Learn about how the Crowdstreet platform works, who can invest, how to screen for the best commercial deals, and what trends matter the most in real estate.
COMPANION ARTICLE/SHOW NOTES: coachcarson.com/ianformiglecr...
DISCLAIMER: CrowdStreet is a content partner of Coach Carson and is compensated by CrowdStreet. The statements made herein are made solely by the third party and are based solely upon the opinions of (Coach Carson). All information contained is obtained by (Coach Carson) from sources believed by (Coach Carson) to be reliable. CrowdStreet or any of its affiliates do not warrant, express or implied, the accuracy, timeliness, or completeness, of this information. Under no circumstances shall CrowdStreet or any of its affiliates have any liability resulting from the use of any such information. Nothing herein should be construed as an offer, recommendation, or solicitation to buy or sell any security or investment product issued by CrowdStreet or otherwise. This article is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any investor. All investing involves risk, including the possible loss of money you invest, and past performance does not guarantee future performance. All investors should consider such factors in consultation with a professional advisor of their choosing when deciding if an investment is appropriate.
TIMESTAMPS:
0:00 - Intro
3:22 - Behind the scenes
8:34 - Ian's start with SFH & large MFH
14:16 - Should small investors diversify into commercial real estate?
18:54 - Investing today vs. 50 years ago.
28:32 - Who can and can't invest in commercial deals?
32:06 - How to pick an operator for your investment
38:30 - Figure out if commercial is a good fit for investor
42:37 - How geography affects the commercial deals
50:11 - Those who need cashflow and growth over 5-10 years
55:46 - It's all about preference
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5-6% Yield? How do you define that as passive income? Am I missing something?
Great conversation
thanks DJ!
Hi, hi Coach. There so many syndicator out there. How can any investor find one that trust for long term investment? Crowd street syndicator is one for example, what I need for look for before invest my money with them? Thanks
Tommy, this is a great question. Perhaps THE question.
My short answer is that I'm still learning. But I'm taking it VERY slowly with any syndicators because of this as I learn to vet the actual syndicators.
In principle, one of the things I like about Crowdstreet is that they've done a layer of filtering and vetting before they put someone on the platform. That doesn't mean you and I should trust it without doing our own homework, but it's one step to help us filter.
From there, I want to see track record, longevity, and references from other investors. Sometimes you don't know what you're looking for when it comes to character, but you just have to read a lot and see if any red flags pop up. If there are any, move on quickly.
That's my working approach for now, but it's definitely a concern. What's always worked for me in real estate for 19 years is carefully picking partners who have integrity and who are excellent at what they do, then stick together for the long-haul. That's my goal as I evaluate doing some syndications myself.
You should do a video on the books that you got the most value out of
good idea! thank you.
Now do aggressively 😈 with high profits of course