The Hands-Off Investor

An Insider's Guide to Investing in Passive Real Estate Syndications

By: Brian Burke

Narrated by: Ted Ryan

Length: 12 hrs and 23 mins

Publisher's Summary

Finding an experienced syndication sponsor matters now more than ever. By learning to select the right sponsors and properties, you'll find the best deals and mitigate risk during times of economic instability!

Want to invest in real estate but don't have the time? No matter your level of experience, real estate syndications provide an avenue to invest in real estate without tenants, toilets, or trash - and this comprehensive guide will teach you how to invest in these opportunities the right way.

Syndications are like the stock mutual funds of the real estate world - multiple investors passively invest into a fund, while a manager is responsible for picking the real estate and managing the portfolio. Author Brian Burke, a syndications insider with decades of experience in forming and managing syndication funds, will show you how to evaluate sponsors, opportunities, and offerings so you can pick the right sponsors and achieve the highest odds of a favorable outcome.

Inside, you'll learn:

• The practical skills you need to understand income, cash flow projections, and investor waterfalls
• How to find syndication investment sponsors and how to evaluate them for the best possible opportunities
• Red flags to avoid and tricks that syndication sponsors don't want you to know
• The biggest and most common underwriting mistakes that sponsors make
• How various debt options affect risk and return
• Typical sponsor fees and profit splits
• The tax implications of syndication investments
• How to measure alignment of interest, judge performance projections, and more!

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2020 Brain Burke (P)2020 BiggerPockets Publishing

Tons of Information

If comprehend this entire book, and do all the suggested tips. I feel in my opinion you really shouldn't mess up any investment.

Skip the bootcamps and read this first

This has all the information you need to invest in a syndication. Even if you want to be a GP you should read this.

Hands-on investor

This book is written by someone who has a ton of experience in real estate and manages a large successful syndication. There is a huge amount of valuable information in here, but 95% of it is beyond the level of detail anyone that would be described as a "hands off investor" is probably looking for. The amount of research he is suggesting you do per syndication is absurd and would only be easily accomplished if you were an experienced real estate investor already. I felt like if I did everything he described in this book, I could just start my own syndication instead of investing with one.

Excellent book

This is a superb book that allows beginners to learn the major facets of passive real estate investing with syndications. There are very few books (especially on audible) that delve into this topic. This book does an excellent job of doing just that. I will probably even buy the print copy in order to better understand some of the mathematical illustrations the author lays out. All in all, this was an excellent work!

I leaned a lot

Exceptional narration and detailed subject matter. Clearly was value added to my real estate knowledge.

Stellar advice

Well-written and well-narrated. Easy to breeze through at 2x, and slow down for those sections that were new to me.
It starts with the most basic information for those new to commercial real estate and progresses with detailed and thorough explanations of complex situations and tax considerations that syndicate investors should know.
Highly recommended.