loader from loading.io

BIGGEST RISK with Jason DeBono

Commercial Real Estate Pro Network

Release Date: 09/08/2020

BIGGEST RISK with David Sillaman show art BIGGEST RISK with David Sillaman

Commercial Real Estate Pro Network

Okay, the absolute BIGGEST RISK to the whole program is going to be fraud. Alright? Fraud because these are private by design to be between you and me as individual investors into development, Alright? They're long term in nature, which means that we're not thinking about it every single solitary day. As an investor, we already know going into whatever we're putting our money into long term, years, six years, 10 years because of how every last one of these and it's such a brand new market that.

info_outline
Passive Real Estate Investing with Travis Watts - CREPN #271 show art Passive Real Estate Investing with Travis Watts - CREPN #271

Commercial Real Estate Pro Network

Today my guest is Travis Watts. Travis is a full time passive investor. He's been investing in real estate since 2009 in multifamily single family and vacation rentals. Travis is the director of Investor Relations at Ashcroft Capital. And Travis has invested in over 30 syndications. And in just a minute, we're going to speak with Travis about passive investing in real estate.

info_outline
BIGGEST RISK with Travis Watts show art BIGGEST RISK with Travis Watts

Commercial Real Estate Pro Network

I would say the BIGGEST RISK in passive investing to me is partnering up with the wrong team. It can be disastrous, as we've talked about, but, you know, if you can't execute a business plan, specifically if we're not talking about value, add real estate. So say we're talking about new development new construction, it can be a very bad scene. So I would say you're aligning yourself with the right folks picking the right partners and doing your due diligence up front to mitigate those risks.

info_outline
Credit Unions for Commercial Real Estate Loans with Mark Ritter - CREPN #270 show art Credit Unions for Commercial Real Estate Loans with Mark Ritter - CREPN #270

Commercial Real Estate Pro Network

Today, my guest is Mark Ritter. Mark is the CEO of MBFS and an expert in credit unions, real estate investment lending and small business lending. His primary role at MBFS is leading company efforts to assess assist credit unions and making commercial loans and helping businesses and investors.

info_outline
BIGGEST RISK with Mark Ritter show art BIGGEST RISK with Mark Ritter

Commercial Real Estate Pro Network

I'd like to ask you, Mark Ritter. What is the BIGGEST RISK?

info_outline
Reonomy Commercial Real Estate Property Data Provider with Rich Sarkis - CREPN #269 show art Reonomy Commercial Real Estate Property Data Provider with Rich Sarkis - CREPN #269

Commercial Real Estate Pro Network

Today my guest is Rich Sarkis. Rich is the executive chairman of Reonomy, a leading provider of property intelligence to the commercial real estate industry. And in just a minute we're going to speak with Rich about Reonomy and how you can utilize that to help grow your business.

info_outline
BIGGEST RISK with Rich Sarkis show art BIGGEST RISK with Rich Sarkis

Commercial Real Estate Pro Network

The BIGGEST RISK right now for companies and individuals alike is to almost freeze and to not make decisions that they ought to be making. In our world. That means specifically embracing data technology, information insights, to be able to when things do pick back up beyond the front foot and not get caught, shortchanged, basically.

info_outline
Self Directed IRA Invests In Commercial Real Estate with Glen Mather - CREPN #268 show art Self Directed IRA Invests In Commercial Real Estate with Glen Mather - CREPN #268

Commercial Real Estate Pro Network

Today my guest is Glen Mather. Glen is the founder of NuView IRA and has been its leader since 2003. In 2018, he also created NuView Trust, expanding the growing business of self directed IRAs into new services to further reduce and eliminate taxes. In just a minute, we're going to speak with Glenn about how you can use a self directed IRA and a little bit about the difference between a custodian and a fiduciary.

info_outline
BIGGEST RISK with Glen Mather show art BIGGEST RISK with Glen Mather

Commercial Real Estate Pro Network

I think when you go well, with any kind of investment, you kind of have two choices. You can invest based on the recommendation of others, or you can invest based on your own knowledge. And certainly, maybe alongside recommendations for others where you can actually do your own due diligence on the process. That's what self direction is all about.

info_outline
Automate Capital Raising for Commercial Real Estate with Jake Marmulstein - CREPN #267  show art Automate Capital Raising for Commercial Real Estate with Jake Marmulstein - CREPN #267

Commercial Real Estate Pro Network

Today my guest is Jake Marmulstein. Before grant before founding his company Groundbreaker, Jake held a number of roles involving real estate and technology, supporting the growth of early stage digital technology ventures, while working with the government on foreign direct investment by Fortune 500 companies.

info_outline
 
More Episodes

So, with that, I'd like to ask you, Jason de Bono. What is the BIGGEST RISK?

 

Jason DeBono  44:22  

I think the BIGGEST RISK for a self directed account is that you take responsibility for all the investments, and it's a risk of personal accountability, right? If you keep your IRA in the stock market, one really nice benefit is that when it goes up and goes down, you know, you can kind of finger point your way around around it. Risking in a self directed account means you're taking on all the risk. There is no broker, there's no third party, you know that that's making your investments on your behalf. Now, in a self directed account, you can certainly rely on professionals right. Commercial brokers that can give you guidance and Advice insurance agents that can help you walk through the process. So you can get professional opinions, but at the end of the day, you're the one saying I want to buy that. And so that is your risk that you're inheriting. Obviously, you know, I love your, your example of kind of the three approaches, right? Which is to, to, you know, to look at risk, and understand whether or not we can avoid it, minimize it or transfer it. And I think excuse me, in a self directed account. From an investment standpoint, you can do all three of those things, you know, you can certainly, you know, avoid the risk by buying investments that have less risk, right? You can minimizing it, minimize it by educating yourself, right? So many people look at investing and wonder what went wrong and you know, there's a good saying I rely on all the time and that is the cheapest lesson that you'll ever learn is somebody else's. And you know, we we all learned lots of lessons the hard way and some of those can be very costly in terms of time, energy and money. So when it comes to Investing seeking advice and counsel and knowledge and expertise is is a wise thing to do, literally and figuratively. So you can minimize your risk by investing into what you know and understand it. And then transferring risk, you know, make no mistake, if you move money from stocks and bonds into the real estate market, you're transferring risk, right? you're transferring the risk and exposure in the stock market to the risk and exposure in the real estate market. And that's a personal decision that each and every person that makes that, you know, choice has to look at. And for a lot of our clients, they're reducing risk by moving it right. They're transferring risk from one asset class that they don't know a whole lot about to an asset class that they in most cases know a good deal about. So all of those kind of long answer to a short question. But But without a doubt, if you're going to self direct your account, the risk you're taking on is that you are 100% responsible, NuView will not offer you an investment put you in an investment recommended endorse it, approve it. It's 100% self directed