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

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.

The best resource for any new investor

If you’re looking to invest passively, this book is worth 10x more than the price of admission. The audible is fantastic and the narrator is good. There are a few chapters that having the book itself, would have been useful. I wish the author provided those chapters in pdf instead of just the tables. He does provide the underwriting chapters, but the waterfall chapter and debt chapters would have been really useful.

Great source of knowledge

If you are at all interested in investing passively in syndicated real estate deals You definitely must READ this books!
The Hands-Off Investor by Brian Burke is a great resource for walking you through how to analyze and evaluate every aspect of a syndication deal. While not an "easy read" the book provides definitions, examples, and literally walks you through how to compare & understand passive investing. Hope you find it as helpful as I did.

Critical read for anyone thinking about investing in syndication

I would warn the reader that there is a lot of detail but this is probably one of the more important text to consider reading if you’re going to invest in a syndication. I might even break up how you read it depending on how aggressive if you want to be. I think the author is exceptionally experienced and touched upon any areas of concern. I would highly recommend anyone who’s serious about giving money to a sponsor read this book to her three times

Excelente!

Me parece muy completo y practo. Aplica tanto para aquellos que están adentrándose en el tema como paea los que ya invierten. Muy recomendable!

a must read book for all future LP’s and GP’s

altho this book is meant for future LP’s if your looking to be a future GP ( sponsor) ..you have to read this book…let me say that again you HAVE TO!….i read this book by having both the audio and physical book in front of me. i studied and made notes on the book as if i were studying for the MCAT’s , if you like seeing numbers that represent money like i do than you’ll love the charts that this book has , and when you finish this book..it will make you feel like saying “ i can be a syndicator” or “ i now know how to correctly invest in my first syndication “ . thank you brian for writing this book , you have giving me a whole new career to strive for

Detailed Summaries Of All Things Syndication

Don't expect a fun novel-like story that you can breeze through. This is the textbook-like narration about real estate syndications/syndicators and the signs of a good syndication. It was a slow read/listen for me, but luckily this was exactly what I was looking for. If you want an introduction to vetting a real estate syndicator, then this is the book that you want to get.

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.

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!