Ryan Mckenna – Master Passive Investing

Ryan Mckenna – Master Passive Investing

Today’s guest is a real estate investor, syndicator and founder of McKenna capital, a private equity company that focuses on value add multifamily, self storage, and other alternative assets. He’s helped hundreds of investors invest in over 10,000 units with a value north of $1 billion.

 

 

What You’ll Learn In Today’s Episode:

  • Number one, an advantage of passive investing is diversification. You can spread smaller amounts of money and participate in multiple deals across multiple markets. Even if you’re an experienced operator in a specific market or strategy investing passively allows you to diversify your focus and get exposure to other sectors.

  • Your sponsor experience is key. Have they been through a downturn? Real estate, goes through market phases and they’re not all as easy as the unprecedented expansion phase we’ve seen for the last several years, ask to see completed deals and past performance. Ask to speak with other investors. 

    Remember, you’re investing in a sponsor. If not more than the actual deal itself, proformas can be skewed, tweaked, fudged, and completely baked. So make sure you trust your operator. Are they experienced? Are they honest? Are they willing to tell you the truth? Even if it may cause you not to invest with them, you must demand unflinching, honesty and integrity.

  • If you are passionate about real estate, enjoy networking, talking to people and bringing value. Then fundraising for syndications can be a rewarding way to participate in this business. If you’re interested, here’s what you do. Build your network. Learn how to vet deals and sponsors. Make sure the deal is solid and make sure the operators have experience and know what they are doing. 

    Know what they’re doing because your reputation and livelihood depends on the skill and integrity of the operators you have partnered with. If your sponsor lacks experience or has overly optimistic pie in the sky, or their underwriting lacks transparency.

    Key Phrase:

    “Most investors who get in for the first time, just a little nervous and not sure what to expect, but then after they do their first investment, it becomes a strategy and a longterm plan and is put into place. And you just kind of can rinse and repeat that process. And you’re basically building out like your own private equity, real estate portfolio.” – By Ryan McKenna

    Resources In Today’s Episode:

     

    Book Mentioned In Today’s Episode:

    Rich Dad, Poor Dad by Robert Kiyosaki

       

      Enjoy the show? Use the Links Below to Subscribe:

       

      Interested In Partnering With Us?

      Podcast

      Resources

      Strategy

      Portfolio

      Parker Heights

      Parker Heights

      East Riverside SubmarketLocated just minutes from the Austin Central Business District, Oracle's new campus, and the...

      Anthony Vicino – Hard Facts about Passive Investing

      Anthony Vicino – Hard Facts about Passive Investing

      Today’s guest is a real estate investor, serial entrepreneur and co-founder of Invictus Capital, a multifamily acquisition firm in Minneapolis, Minessota.

      Author of a new book Passive Investing Made Simple.

       

      What You’ll Learn In Today’s Episode:

      • After realizing that Anthony and his partner had the same conversations tons of times with investors about apartment syndication, what to look for underwriting a deal, and the lack of resources to learn about that and many other things, they decided to write a book. In their book to wrote about how to approach and navigate passive investing.
      • Real Estate vs Wall Street; the agenda of playing up the notion of the risk on investing in real estate. Advantages of investing in Wall Street, are Index Funds really the safest option? It’s a good idea to diversify the investment.
      • Hiring operators, the reality is that investments  are made more in the operator than in the deal itself, the operator can be of great help or can be a great harm.
      • Nuts and bolts of passive investing. What to look for as a passive investor. Advantages  to invest in a small operator vs invest in a crowd funding institution.
      • Key Phrase

        When somebody is giving you their money, you just don’t look at it as they handed you a dollar. Think about as what they’ve exchanged to achieved that dollar, and they exchange pieces of their life for it. – Anthony Vicino

      Resources In Today’s Episode:

      Books Mentioned In Today’s Podcast

       

      Enjoy the show? Use the Links Below to Subscribe:

       

      Interested In Partnering With Us?

      Podcast

      Resources

      Strategy

      Portfolio

      Parker Heights

      Parker Heights

      East Riverside SubmarketLocated just minutes from the Austin Central Business District, Oracle's new campus, and the...

      Damien Fahey – From Radio to MTV to Family Guy…and now Real Estate!

      Damien Fahey – From Radio to MTV to Family Guy…and now Real Estate!

      Today’s guest is a DJ turned MTV VJ and former host of MTV’s Total Request Live. He is also a writer and voice actor, drummer and now real estate investor.

       

       

      What You’ll Learn In Today’s Episode:

      • Identify your weaknesses then partner with someone who excels where you are weak.
      • Avoid the trap of trying to be buddies with your tenants.
      • Buy in up and coming neighborhoods, invest in the outskirts.
      • Don’t wait to be a millionaire to invest.

        Key Phrase:

        “It’s been such an education jump into this, they say the first property is not about making you a millionaire, it’s about an education.by Damien Fahey

        Resources In Today’s Episode:

         

        Book Mentioned In Today’s Episode:

        The House Hacking Strategy by Craig Curelop

           

          Enjoy the show? Use the Links Below to Subscribe:

           

          Interested In Partnering With Us?

          Podcast

          Resources

          Strategy

          Portfolio

          Parker Heights

          Parker Heights

          East Riverside SubmarketLocated just minutes from the Austin Central Business District, Oracle's new campus, and the...

          Reed Goossens – 10,000 Miles to the American Dream

          Reed Goossens – 10,000 Miles to the American Dream

          In 2012, Reed moved from Australia to the US with no job and no connections. Since then, he’s co-founded Wild Horn Capital and now controls over $300M in commercial Real Estate. He has also authored two bestselling books,  Investing in the US: The Ultimate Guide to US Real Estate and 10,000 Miles to the American Dream.

           

          What You’ll Learn In Today’s Episode:

          • It’s a mistake to educate and take no action. Don’t be foolish or fearful, learn the basics and get in the game!
          • The real moment of truth is when you sell, and how your investor’s were treated. If you don’t hit projections, learn and adjust so you won’t make the same mistake twice!
          • Invest in your education, find mentors and coaches to take you to the next level.

          Resources In Today’s Episode:

          Books Mentioned In Today’s Podcast

           

          Enjoy the show? Use the Links Below to Subscribe:

           

          Interested In Partnering With Us?

          Podcast

          Resources

          Strategy

          Portfolio

          Parker Heights

          Parker Heights

          East Riverside SubmarketLocated just minutes from the Austin Central Business District, Oracle's new campus, and the...

          Nikolai Ray – Leveraging Your Background, Experiences, and Failures

          Nikolai Ray – Leveraging Your Background, Experiences, and Failures

          Nikolai Ray is a multifamily investor and the founder/CEO of MREX, the Multifamily Real Estate Exchange. MREX is a tech startup with the goal of democratizing the multifamily real estate market.

          Today, Mark and Nikolai sit down to discuss the importance of education, forming your own experiences, and planning your strategy.

           

          What You’ll Learn In Today’s Episode:

          • Education’s a powerful tool in the multifamily industry, but sometimes books don’t go deep enough. That’s why “Democratizing the Multifamily Industry” has become the daily life and goal for Nikolaï Ray.  
          • Your background, whether it’s Nutrition, Psychology, Biomechanics, or even sports like Hockey combined with education and a great team, could be your main asset in your Real Estate career. 
          • Having a clear and well-thought strategy is KEY when you are trying to fund your acquisitions and getting into new markets. 
          • But don’t be afraid of failure, in the words of Nikolaï “I don’t think we should be ashamed of failing, especially if you try and specifically if you are able to learn from that failure and come back from it”. You could have great mentors, read good books, or take challenging courses, but creating your own experience is one of the most effective ways to learn and grow. 

            Key Phrase:

            “I don’t think we should be ashamed of failing, especially if you try and specially if you are able to learn from that failure and come back from it and don’t make the same mistake a second time. I think that’s a very important lesson for society at large.” – by Nikolai Ray

            Resources In Today’s Episode:

             

            Book Mentioned In Today’s Episode:

            The Untethered Soul by Michael A. Singer

               

              Enjoy the show? Use the Links Below to Subscribe:

               

              Interested In Partnering With Us?

              Podcast

              Resources

              Strategy

              Portfolio

              Parker Heights

              Parker Heights

              East Riverside SubmarketLocated just minutes from the Austin Central Business District, Oracle's new campus, and the...

              Pin It on Pinterest