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In this episode,Dan Rowley, a corporate CEO and experienced real estate investor, shares his journey from starting out with single-family investments in California to shifting to multi-family syndications. Dan shares his insights on the entrepreneurial path of a busy professional real estate investor and provides key lessons learned as a business owner and real estate investor.\n\n[00:01 - 06:50] Opening Segment\nDan shares about his background\nDue diligence crucial in syndication, includes evaluating operator competence and trustworthiness\nDan transitioned to syndications for passive real estate investment returns\nTransition to passive investment via syndications due to limitations of solo real estate ownership\n\xa0\n[06:51 - 14:18] Understanding Property Classes in Real Estate Investing\nClass A properties are newer builds with higher rent levels and less deferred maintenance\nClass B properties are older, more affordable and more insulated against economic distress\nClass C properties are older, require more maintenance, and carry more risk but can provide higher returns\nEvaluate proforma offering memo from Syndicator considering micro-neighborhood, renovation potential, and passive investor goals\n\xa0\n[14:19 - 23:09] Navigating Real Estate Investments with a CFO's Eye\nEnsure that the financials sent by the sponsor are transparent and can be looked at any time\nReview the numbers quarterly, ask questions, and stress-test assumptions to make sure that the investment is based on realistic projections\nMonitor monthly results to make sure the business is going according to plan and compare the actual results to the projected budget\nConsider investing in real estate through self-directed IRAs to diversify from stock and bond investments and reduce exposure to macroeconomic volatility\n\xa0\n[23:10 - 27:49] Closing Segment\nQuick break for our sponsors The first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.\xa0 Learn more about Personal Capital at escapingwallstreet.com\xa0\n\nWhat is your favourite book?Principles for Dealing with the Changing World Order by Ray Dalio\n\n\xa0Dan Rowley\u2019s indispensable tool\xa0\xa0Spreadsheets\n\nWhat are you looking forward to in 2023?Going to Korea\xa0\n\n\nConnect with Dan Rowley:\nEmail: d2rowley@yahoo.com\nContact Number: 9259174802\n\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.\nJoin our Passive Investor Club for access to passive commercial real estate investment opportunities.\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\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\n\xa0\nTweetable Quotes:\n\u201cit's more appropriate to just invest in syndications and some of these things with your own money.\u201d - Dan Rowley