Brian Burke - The Hands-Off Investor

The Hands-Off Investor

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THE HANDS-OFF INVESTOR

THE
HANDS-OFF
INVESTOR

AnInsiders GuidetoInvestinginPassive

REAL ESTATE SYNDICATIONS

BRIAN BURKE

Praise for the Series

THE HANDS-OFF INVESTOR

For far too long, many of us, including myself, have evaluated sponsors by making a small investment to test them out. No matter how small that investment, its not going to be less than the cost of this book and a couple of hours of time. I highly recommend this if you are looking to learn the right questions to ask to make better investment decisions and become a better steward of your own capital.

Mark Abdou, Securities Attorney, Libertas Law Group

This book was extraordinarily well doneclearly written, well organized, and appropriately detailed. [Its] a good reminder that passive investing in real estate also requires lots of time and experience.

Chris Demetra, Passive Investor

I wish this book had been around 10 years ago when I started syndicating. It would have saved me a lot of struggle! Brian is the type of person who you wish you could have lunch with once a week to pick his brain. But since there are too many of us who want his time and precious advice, the next best option is having access to the wealth of knowledge he packs into this book. It will no doubt help thousands of passive investors make better and more informed decisions on where to invest their hard-earned money.

Kathy Fettke, Co-CEO of Real Wealth Network and host of The Real Wealth Show

The content [is] very understandable, yet Brians knowledge is encyclopedic enough to be used as a text in an undergraduate real estate course, or a training course for commercial real estate analysts or lending officers. Wow!

Steve Darby, MBA, Passive Investor

I am glad and appreciative that Brian took the time to write this book for the passive investor community, as it has been needed for many years. I look forward to recommending this book to fellow passive investors, as I have no doubt that most, if not all, passive investors will benefit from reading this book.

Jeremy Roll, President of Roll Investment Group

The Hands-Off Investor is a must-read for anyone considering [to invest] or actively investing in syndicated real estate or sponsor-led investment offerings. If you are going to invest your hard-earned money in passive real estate investments, then you owe it to yourself to invest two hours of your time digesting this bookthe ROI will most likely be better than any real estate deal you allocate to. Most investors learn what is taught in this book he hard way through getting burned, frustrated, taken advantage of, or ignored after their money is taken.

Richard C. Wilson, CEO and Founder of Family Office Club

[This book] is full of insights from an industry insiders perspective, and digs deep into showing how the sausage is made. Well-organized, clearly written, and comprehensivebut like peeling an onion, with each layer providing more granularity and technical details that keep the reader engaged.

Joe Fang, Passive Investor

This publication is protected under the U.S. Copyright Act of 1976 and all other applicable international, federal, state, and local laws, and all rights are reserved, including resale rights: You are not allowed to reproduce, transmit, or sell this book in part or in full without the written permission of the publisher.

Limit of Liability: Although the author and publisher have made reasonable efforts to ensure that the contents of this book were correct at press time, the author and publisher do not make, and hereby disclaim, any representations and warranties regarding the content of the book, whether express or implied, including implied warranties of merchantability or fitness for a particular purpose. You use the contents in this book at your own risk. Author and publisher hereby disclaim any liability to any other party for any loss, damage, or cost arising from or related to the accuracy or completeness of the contents of the book, including any errors or omissions in this book, regardless of the cause. Neither the author nor the publisher shall be held liable or responsible to any person or entity with respect to any loss or incidental, indirect, or consequential damages caused, or alleged to have been caused, directly or indirectly, by the contents contained herein. The contents of this book are informational in nature and are not legal or tax advice, and the authors and publishers are not engaged in the provision of legal, tax, or any other advice. You should seek your own advice from professional advisors, including lawyers and accountants, regarding the legal, tax, and financial implications of any real estate transaction you contemplate.

The Hands-Off Investor: An Insiders Guide to Investing in Passive Real Estate Syndications

By Brian Burke

Published by BiggerPockets Publishing, LLC, Denver, CO

Copyright 2020 by Brian Burke. All Rights Reserved.

Publishers Cataloging-in-Publication (Provided by Quality Books, Inc.)

Names: Burke, Brian, 1969-, author.

Title: The Hands-off investor: an insiders guide to investing in passive real estate syndications / Brian Burke.

Description: Denver, CO: BiggerPockets Publishing, 2020.

Identifiers: LCCN: 2020930357 | ISBN: 9781947200272 (pbk.) | 9781947200296 (ebook)

Subjects: LCSH Real estate investment. | Real estate investment--Syndication. | Real estate limited partnerships. | Real estate business. | Personal finance. | BISAC BUSINESS & ECONOMICS / Real Estate / General | BUSINESS & ECONOMICS / Investments & Securities / General | BUSINESS & ECONOMICS / Personal Finance / Investing

Classification: LCC HD1382.5.B83 2020 | DDC 332.63/247--dc23

Published in the United States of America

Printed in the USA on recycled paper

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Dedication

To everyone who ever invested with me, without you, I would never have had the experience and knowledge to write this book. And to everyone who didnt invest with me, your reasons can be the greatest lessons and the biggest motivators.

TABLE OF CONTENTS

INTRODUCTION

Anyone who has watched late-night television infomercials has seen the endless stream of real estate investment tycoons purporting to teach how to invest in real estate with no money down. They say, Use OPM, which stands for other peoples money. But what if you are one of those other people? You have money and you want to invest in real estate, but you dont want to chase properties, tenants, and termites. Or even if you did, you dont have the time. The good news is that you can invest in real estate completely passively, and this method is becoming increasingly popular.