Hard Money Lending & Multifamily Strategies with Randy Langenderfer

Published: Oct. 28, 2021, 5 a.m.

b"Randy has been investing in real estate since his first primary residence purchase of a duplex. He got his commercial real estate to start as a private money lender in the remodeling of single-family homes in South Florida, Ohio, and Texas with a combined market value in excess of $2.5M. . He invested in several assets as a limited partner and progressed into the general partner role.\\n\\xa0\\n[00:01 - 04:16] Opening Segment\\nGet to know Randy Langenderfer\\nRandy shares his brief background\\xa0\\n\\xa0\\n[04:17 - 10:05] Shifting from Hard Money to Multifamily\\nRandy\\u2019s journey to real estate\\nHow\\xa0 Randy shifted from hard money lending to multifamily\\nA Real Estate Nerd\\nRisk Mitigation as a Hard Money Lender\\nThe Tax Situation in Lending\\n\\xa0\\n[10:06 - 25:09]\\xa0 Hard Money Lending & Multifamily Strategies\\nBeginning with a self-directed IRA\\nWhat is a Key Principal (KP)?\\nWhy you should and should not become a KP\\nHow to Select Your Sponsor as a KP\\nRandy talks about refinancing\\n\\u201cThese are first-world problems.\\u201d\\nThe next few years as seen by Randy\\n\\xa0\\n[25:10 - 34:52] Closing Segment\\nQuick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.\\n\\nWhat is the best investment you've ever made other than your education?Marrying his wife\\nHis formal education\\n\\nRandy\\u2019s worst investmentOne single family deal\\n225-unit multifamily\\n\\nWhat is the most important lesson that you've learned in business and investing?\\u201cPersistence and steadfastness.\\u201d\\n\\nConnect with my guest. See the links below.\\n\\xa0\\nTweetable Quotes:\\n\\u201cYou should buy in every market-- up, down, and sideways.\\xa0 And you should always be looking.\\u201d - Randy Langenderfer\\n\\u201cIf you buy right, you know the assumptions that you buy.\\u201d - Randy Langenderfer\\n\\u201cInvest in your real estate education.\\u201d - Randy Langenderfer\\n------------\\nConnect with Randy Langenderfer through LinkedIn and their website https://www.invest-ark.com/.\\xa0\\n\\xa0\\nInvest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/\\nParticipate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.\\xa0\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes"