125. Deal Deep-Dive: How to Handle Tough Conversations with Investors with Randy Langenderfer

ABOUT RANDY LANGENDERFER

Randy is President of InvestArk Properties, LLC focusing on creating investor value and passive income returns for the busy professional.  Randy is a former Chief Compliance and Audit Officer for a large academic medical institution, now a full-time real estate investor. With an MBA in finance, he has a keen understanding of how to analyze and review real estate investments. This expertise has enabled him to grow his portfolio from a single duplex to being invested in more than 4,000 units.  

  THIS TOPIC IN A NUTSHELL: 

Randy’s career background His journey in real estate investingTransition from SFH to MultifamilyWhat kind of deals they are looking for as a sponsorTarget market and asset class preferenceAbout the Deal Unit mix, location, and capital improvementsValue Add Plan for the property How new asset class adapts to market shiftProperty management and lessons learned with PMsAcquisition and financing How to handle challenges as a SponsorApproach to Preferred ReturnsHandling tough conversations with investorsHold time for dealsConnect with Randy   KEY QUOTE:  “I would rather get singles or doubles and occasional triples than strikeouts. The person with singles or doubles will have more batting average and so it is with investing. “     SUMMARY OF BUSINESS: InvestArk Properties' mission is to create significant passive income for our investors and partners by identifying, acquiring, and operating Multi-Family assets across the US, emphasizing Texas and Arizona.   ABOUT THE WESTSIDE INVESTORS NETWORK   The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.     The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.        #RealEstateInvesting #Acquisition #multifamily #DueDiligence #CurrentMarket #YieldPlay #PerformingAsset #RentalPortfolio #ValueAddProposition #InvestmentStrategy #ValueAdd #Sponsor #PropertyManagement #PreferredReturns #BusinessPlan #syndication #GeneralPartner #InvestorCommunication #Transparency #LimitedPartner #Investor #underwriting #InvestmentOpportunity #CashFlow #PassiveWealth #FinancialFreedom #NewEpisode #podcasting #JointheWINpod #WestsideInvestorsNetwork