If you’re thinking of dipping your toes in the water of passive investing, you’ve come to the right place! Today I’m so excited to be talking with Randy Langenderfer, President of InvestArk Properties which identifies, acquires, and operates multi-family properties. Coming from over two decades of experience in multiple relevant industries, including risk mitigation and governance, Randy is here to impart his top advice on passive investing, how he got to where he is today, and what it means to be a limited investor. In this fascinating episode, he shares thoughts on everything from how he vets his sponsors, to his biggest regrets in the game and what he would do differently. We also compare notes on how much is to be gained by programs like Rod Khleif, Brad Sumrok, and the Lifestyles group, and we dig into the crucial process of making assumptions about underwriting implications. I learned a ton on the show today, and I can’t wait to bring you into this conversation. Press play and join us!

Key Points From This Episode:

  • Where Randy started, where he’s at, and how he got to where he is today.
  • Do you need experience as a limited partner before becoming a general partner?
  • What it looks like to be a passive investor: Randy shares his proven strategy.
  • We talk about Randy’s previous flipping and hard-money lending experience.
  • Discussing similarities between Rod Khleif, Brad Sumrok, and the Lifestyles group.
  • Networking, coaching, and finding the program that’s best for you.
  • The 3 biggest benefits: cash flow, appreciation, and favorable tax advantages
  • Hard assets always bounce back quicker than the bond equities market.
  • Randy tells us all about InvestArk, and actively managing his passive portfolio.
  • The biggest question: how does he vet his sponsors?
  • Underwriting assumptions and their implications.
  • The importance of education, asking many questions and making an informed decision.
  • Randy tells us his morning routine, favorite books, and more.
  • Rewarding experiences of giving back as a mentor and a coach.
  • What he regrets and would do differently if he could do it all again.
  • Visualizing and applying Tony Robbins’s triangle: mindset, mentorship, and methods.
  • What success means to Randy, and prioritizing being a good father.
  • How to successfully do this part-time, which you can do too; Randy is the living proof!

Links Mentioned in Today’s Episode:

Randy Langenderfer on LinkedIn

InvestArk Properties

Lifestyle Property Group

Rod Khleif 

Brad Sumrok

Michael Blank

Jake and Gino

Mark Kenney on LinkedIn

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