JF2969: Mitigating Risk without Missing Out ft. Randy Langenderfer

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7 • 995 Ratings

🗓️ 21 October 2022

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

Randy Langenderfer is a chief compliance and audit officer at Baylor College of Medicine who began flipping houses with his brother-in-law in 2009. After moving from Cleveland, OH, to Houston for a job opportunity, Randy began to learn about multifamily syndications. His interest was sparked, and he decided to spend a few years learning the intricacies of syndication, underwriting, and the legal aspects of it all. Today, Randy is the president of InvestArk Properties, LLC, a syndication business focusing on identifying, acquiring, and operating large multifamily properties. In this episode, he tells us what he sees most syndicators miss in terms of due diligence and deal analysis, what it takes to obtain a non-recourse loan, and why outsourcing is the key to scaling, growing, and protecting your time. Randy Langenderfer | Real Estate Background President at InvestArk Properties, LLC, a syndication business focusing on identifying, acquiring, and operating large multifamily properties. Portfolio: GP of 787 units & recently sold an additional 139 class C units LP of 3,587 units Also works full-time as chief compliance and audit officer at Baylor College of Medicine Based in: Houston, TX Say hi to him at: invest-ark.com LinkedIn Greatest Lesson: The importance of good property management and of joint venturing to expand your business. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Did you know that within a decade women will hold $30 trillion in investable assets?
0:05.3	Yet somehow only 19% of women reported feeling confident in selecting investments that align
0:11.0	with their long-term goals. Our friends at Invest Her are out to change. that and it's happening June 2nd through the 4th in Austin, Texas.
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0:35.5	control of their financial futures. Gain the knowledge and skills you need to grow
0:40.0	your portfolio and build a sustainable business all while connecting with over 500 women who are playing at the same level.
0:48.0	To learn more and to get your tickets, visit InvestHERCON.com today and use the code 100 best ever to get $100 off your ticket.
0:57.0	That's Invest Her, H-E-R-K-D-K-G-K-G-K-K-K-K-K-K-K-K-K-Kom, promo code 100 best ever to get $100 off your ticket.
1:05.0	Quick disclaimer, the views and opinions expressed in this podcast are provided for
1:09.0	informational purposes only and should not be construed as an offer to buy or sell any securities or to make or consider any investment or course of action.
1:18.0	For more information go to best ever show.com.
1:22.0	I coach a lot of students and I don't know if it's a mistake, but it's not a get-rich quick scheme.
1:28.0	Really isn't it? It's not a no-money down process.
1:31.0	You need to have some capital or you need to have friends and have capital. You don't have to have friends.
1:35.0	Welcome to the best ever show, the world's longest running daily commercial real estate podcast.
1:41.0	Our hosts interview commercial real estate experts every day to get you the best
1:46.0	advice ever with none of the fluffy stuff.
1:48.6	Hello, best ever listeners. Welcome to the best real estate investing advice ever show. I'm Ash Patel and I'm with today's guest Randy Langendorfer.
1:58.0	Randy is joining us from Houston, Texas. He is the president of InvestArk Properties, which is a syndication business focused on multi-family properties.
2:08.0	Randy is a GP on 1100 units and an LP on over 3,000 units.
	...

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