Understanding Note Funds with Dave Van Horn - PART 2
Jake & Gino: Real Estate Investing & Multifamily
Jake & Gino
4.9 • 842 Ratings
🗓️ 15 August 2018
⏱️ 25 minutes
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Summary
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| 0:00.0 | Welcome to the Wheelbarrow Profits Podcast, where you get multi-family investing made real. |
| 0:06.6 | Learn from top players in the real estate investment world as they share their secrets with you |
| 0:11.6 | and discover proven strategies on apartment investing that actually work. |
| 0:16.0 | To learn more about Wheelbarrow Profits, visit jake and gino.com. |
| 0:20.6 | Your one-stop shop for everything multifamily. |
| 0:24.3 | Now to your host, Jake and gino. So what are the advantages for investors with |
| 0:30.1 | a note fund like yours? I think the biggest advantage is they don't have to know how to do |
| 0:37.3 | collections or know all the |
| 0:40.0 | compliance. And the advantage of a fund investor is it's very passive. It's pretty much mailbox |
| 0:45.4 | money. And they also get diversification and they have limited liability. I mean, that's how I look at |
| 0:51.7 | it because I'm a fund investor. So that's a big advantage. |
| 0:57.0 | You know, and you don't have tenants and toilets and all the other good stuff that goes along with it. |
| 1:01.2 | And that's one of the things I liked about commercial multi-family, right? |
| 1:04.0 | If I'm buying more than 100 units or more, especially, I don't have, I can have on-site management and maintenance. |
| 1:10.0 | Now, there's nothing wrong with smaller places I own a few you know quite a few of those but I |
| 1:15.0 | have management too and the hardest hire for me as a former property manager was |
| 1:20.0 | hiring a property manager right it's just like you know what if you're the |
| 1:24.6 | plumber the hardest person to hire is the plumber, right? |
| 1:30.9 | Well, it's tough with property management because you need to pay them well. |
| 1:33.1 | And sometimes you can't pay them well because they're the face. |
| 1:36.0 | The first person that when you walk into the office, they've got to get up off the chair. |
| 1:36.9 | It's a good morning. |
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