Impact Equity In the Media
Podcast Guest Episodes and Other Highlights
See Where Impact Equity is in the Media
Impact Equity’s Founder, Randy Smith, is a recognized leader in the passive investing space. He’s regularly featured in the media on other leading podcasts as well as asked to speak on various topics in the industry. Check out some of his recent events below:
Keeping it Real-Estate with Mike Roeder and Dan Brisse
8/27/24 – From Single-Family to Syndications
Randy Smith, Founder of Impact Equity, has revolutionized passive real estate investing since June 2022. Under his guidance, the firm has directed over 100 investors to allocate more than $8.1 million across 16 opportunities with four operators. Randy’s shift from single-family rentals to multifamily syndications has equipped him with unique insights, allowing him to identify strong investment opportunities across 25 different ventures with 11 operators.
With 25 years of experience in business development and leadership in Corporate America, Randy now resides in Peoria, Arizona, with his wife Jenny, leveraging his extensive expertise to optimize passive investment strategies for his clients.
Phoenix Prosperity Podcast with Tim Fergestad
5/29/24 -Investments to the Rescue with Randy Smith
Join Tim Fergestad on this episode of the Phoenix Prosperity Podcast as he sits down with Randy Smith, a former high-flying corporate sales leader who’s now making waves in the real estate investment world. Discover how Randy transitioned from a secure job to tackling the unpredictable yet rewarding realm of alternative investments. They dive into the strategies that helped Randy navigate risks and capitalize on opportunities to build a resilient financial future. In this episode, you’ll get an insider’s view of: -The pivotal moments that shaped Randy’s investment journey. -The balance between risk and conservatism in building an investment portfolio. -How setbacks can lead to unexpected opportunities in life and business.
The Hybrid Real Estate Professional Podcast
5/20/24 –From 25 Years in Corporate to Mastering Passive Real Estate Investing
In this episode of the Hybrid Real Estate Professional Podcast, I sit down with Randy Smith, founder of Impact Equity, join me.
Randy’s impressive journey from working in corporate America for 20+ years to helping over 100 investors place $7.3 million into passive real estate opportunities is truly inspiring.
We discuss his transition from single-family rentals to multifamily syndications and the valuable lessons he’s learned along the way.
Clive Capital Webinar Series
4/25/24 – Capital Raising Structures – Everything Passive Investors need to Know
Ever wondered how successful investors navigate the intricate world of capital raising structures? Randy Smith is the Founder of Impact Equity which was formed to help investors achieve strong results in their passive real estate investing strategies. Randy and Impact Equity have helped more than 100+ investors place over $7.3MM+ across three operators and 15 different opportunities since launching in June of 2022. He started his real estate investing career doing out of state, single-family, long term rentals, and he quickly realized the many additional benefits he could receive by switching his strategy to passively investing in multifamily syndications. He has now invested in 25 different passive investments with 11 different operators which gives him the unique knowledge and expertise to recognize a strong passive opportunity. Randy currently resides in Peoria, Arizona with his wife Jenny, and he spent 25 years working in various business development and leadership roles in Corporat
The Real Estate Vibe Show with Vinki Loomba
8/20/24 – Capital Raising Secrets
Highlights from this episode include:
✅ Randy’s journey from corporate America sales to real estate, emphasizing the mindset shifts required for success.
✅ The importance of perseverance and focus during challenging times, such as career transitions and economic downturns.
✅ How Randy overcame significant obstacles in his entrepreneurial journey, including scaling from single-family to multifamily investments.
✅ The critical role of education, continuous learning, and surrounding oneself with successful people.
✅ Randy’s approach to networking, building trust, and forming strategic partnerships in the real estate industry.
✅ The use of automation tools in capital raising, enhancing efficiency, and streamlining processes.
✅ The necessity of integrity and openness in building long-lasting relationships and achieving success.
Randy emphasizes the significance of being agile, asking the right questions, and staying focused on long-term goals. He also shares valuable insights on transitioning from the corporate world to entrepreneurship and the importance of continuous education and strategic networking.
The Millionaire Journey Podcast with Glenn Yaney
7/17/24 – Passive Investing Mastery: Randy Smith’s Fund-to-Fund Real Estate Success
The goal of this podcast is to guide and empower you on your journey toward financial independence.
Go Big with Gib
5/28/24 – Turning Job Loss into Financial Freedom: Journey from Corporate Sales to Real Estate Success
Ever wondered how to transform job loss into an opportunity for financial freedom? Today on Go Big with Gibb, we promise you’ll uncover the secrets from Randy Smith’s incredible journey. From a 25-year career in corporate sales to becoming a thriving entrepreneur and founder of Impact Equity, Randy shares how job layoffs became the catalyst for his successful pivot into real estate investing. His story is a beacon of hope and strategy, shedding light on the decisions that led him to reduce his reliance on W-2 income and ultimately establish his own business in June 2022.
In this episode, Randy dives into the intricacies of passive investing and the art of diversification. Learn from his early missteps, like writing too big of checks, and discover how he refined his process of selecting operators to manage capital effectively. With investments in 25 passive ventures across 11 different operators, Randy’s experience underscores the importance of spreading investments across various asset classes and geographies to build a robust portfolio. Hear firsthand how Randy’s meticulous approach in evaluating deals and operators has helped over 100 investors place millions of dollars into various successful projects.
Surgeon Syndicate with Michael McManus
5/6/24 and 5/8/24 -OUT with Your W-2 and IN with Passive Investing
In this two-part episode, we sit down with Randy Smith to explore the ins and outs of passive real estate investing. With a wealth of experience in both corporate America and real estate investing, he shares his journey from single-family rentals to multifamily syndications and beyond. Binge-listen and navigate the current real estate market, understand the importance of vetting operators, and make informed investment decisions!
The Fully Funded Show with Sam Silverman
2/27/24 – From Sales to Success: Randy Smith’s Path to Impactful Investing
Dive into a world where real estate meets ambition with Randy Smith, a guru in investment and capital raising. This episode is a goldmine of strategies, networking tips, and real-life insights that will elevate your investing game. Randy’s journey from sales to real estate success is not just inspiring; it’s a roadmap for anyone looking to thrive in the investment landscape. Don’t miss out on this power-packed session that’s sure to change the way you view real estate investment. Tune in now for a transformational experience!
Key Points From The Episode:
1. Randy Smith’s journey from a sales background to becoming a successful real estate investor, highlighting the transferable skills that facilitated his transition.
2. The importance of networking and relationship-building in capital raising and real estate investment, showcasing how Randy leveraged these to his advantage.
3. Strategies for effective capital allocation in real estate investments, including diversification and risk management techniques Randy employed.
4. The impact of adopting a proactive approach to learning and adapting within the real estate market, which Randy emphasizes as crucial for sustained success.
The Investing RN Podcast with Hosts Joshua Condado and Colin Davis
2/15/24 – Secrets to Real Estate Success
In this episode of the Investing RN Podcast, our special guest, Randy Smith, dives deep into the world of real estate investments, highlighting the importance of passive investment and capital raising for nurses and healthcare professionals looking to diversify their income sources. Randy shares his journey from a 25-year career in corporate sales to becoming a full-time entrepreneur in real estate, offering valuable insights into the opportunities and challenges of real estate investment. This episode is essential for any healthcare professional interested in exploring the potential of real estate investments to achieve financial freedom.
“Exploring syndications opened my eyes to the backend of real estate, offering a unique perspective on investments.”
Ground Breakers Presented by Homebase
4/18/24 – The Art of Crushing It in Real Estate
Domingo sits down with Randy Smith, founder of Impact Equity and host of the “Gentle Art of Crushing It” podcast. Randy shares his career journey from being a sales professional for Fortune 100 and Fortune 200 organizations to becoming a successful real estate investor. Tune in to learn how Randy transitioned from a sales role to offering carefully vetted investment opportunities with Impact Equity, aiming to reduce investors’ dependence on their W-2 income.
Financial Freedom Fest - Guest Speaker
2/19/24 – Unlock Financial Freedom at Financial Freedom Fest in Phoenix, Arizona
Joining the roster of distinguished speakers is Jason Mitchell, the founder of Jason Mitchell Group & Sunbelt Multifamily. With accolades including being named the #1 Broker in the United States and featured on the Forbes 40 under 40 list, Jason Mitchell brings unparalleled expertise to Financial Freedom Fest. His insights into real estate, capital raising, and entrepreneurship are sure to inspire attendees.
In addition to the keynote speakers, Financial Freedom Fest features a panel of experts in the field, including:
- Andrew McNair, CEO & Founder of Swan Capital
- Randy Smith, Founder of Impact Equity
- Natalie Teramoto, Founder of Tera Investment Group
- Kathleen Nguyen, Real Estate Investor & Connector
Aaron Rocha, Co-Founder of MultiVestors Group - These respected panelists will offer valuable perspectives on topics such as passive income, capital raising, multifamily real estate, scaling businesses, fund management, branding, and networking.
The Nine Doors Down Show Podcast
1/29/24 – The Powers of Operating a Fund of Funds – Hosted by Anthony Pimentel and Jon Lopez
We welcome our friend and fellow “Fund of Funds” operator, Randy Smith, from Impact Equity. We discuss his background in corporate America, being laid off from Corporate America, individually investing in 20+ deals as a Limited Partner, and then discovering the Fund of Funds model to help those around him. You don’t want to miss this inspirational and impactful episode!
The AZREIA Show Hosted By Marcus Maloney and Michal Del Prete
1/5/24 – A Simple But Effective Way to Invest Passively
In this episode of The AZREIA Show, host Marcus Maloney and co-host Mike Del Prete sit down with special guest Randy Smith, founder of Impact Equity LLC. They discuss Randy’s transition from corporate life to entrepreneurship, as well as the topics of capital raising and syndication. Randy shares his insights on investing in real estate and offers valuable advice for passive investors.
Optimal Wealth, Creating Passive Income Through Real Estate - Hosted by Jarod Alexander
12/5/23 – Transition from investing in single family to 24 different passive investments
This is the Optimal Wealth Podcast, where we discuss creating passive income through real estate. Our mission is to help educate investors on how to grow wealth and invest passively. My name is Jarod Alexander, and I am a passive investor. Currently in six syndications as a limited partner.
We provide education to help give you the confidence to get into the past investing space. Whether you’re a seasoned investor or just starting out on your real estate journey, this podcast is designed to help give you the confidence and knowledge you need to make informed and profitable decisions.
Passive Investor's Playbook - Insights from Successful People with Charlie Hardage
1/14/24 – Strong Real Estate Partnerships Make All the Difference
Welcome to Passive Investor’s Playbook, a podcast for those who are looking to make smart, passive investments without sacrificing time and energy. In each episode, we sit down with successful people from medical professionals to professional athletes, IT professionals to lawyers, engineers to military, who have entered the world of real estate investing. Our guests share insights on why they started investing in real estate. We talk about what makes real estate a great investment to build wealth. We also discuss why investing passively is so important for their industry.
Capital Spotlight - Hosted by Rob Beardsley and Craig McGrouther
12/1/23 –
Excited to share Episode 3 of Fund Friday! Craig had the pleasure of chatting with Randy Smith, Founder & CEO of Impact Equity. Together, they dove deep into the exciting world of real estate investing. In this episode, they discuss the benefits of passive investing, the significance of forming strong partnerships, and the essentials for building a successful investment portfolio.
On top of that, they also explore Randy’s inspiring journey from being a sales professional to becoming a visionary CEO. Listen in as we uncover the challenges, victories, and defining moments that shaped his path in the world of real estate. Don’t miss out on this insightful conversation! Check out Episode 3 now.
Ice Cream With Investors - Hosted by Matt Fore
10/16/23 – Elevate Equity: A Journey Through Real Estate Investing
Join us as we welcome Randy Smith as our esteemed guest. Randy is the Founder of Impact Equity who brings a wealth of knowledge and experience to the forefront. Discover how Randy assists investors in achieving robust results with passive real estate investing strategies, collaborating with various real estate investment firms. With a background spanning 25 years in corporate leadership roles, Randy’s transition from out-of-state, single-family rentals to multifamily syndications is an inspiring journey. Explore Randy’s insights gained from investing in 18 syndications with 8 different operators, offering a unique perspective on identifying strong passive opportunities. Tune in to elevate your understanding of real estate investing
Alternative Investing Advantage with Alex Perny from Advanta IRA
09/21/23 – Part 1 – A Guide To Raising Capital with Randy Smith
Get off Wall Street and explore the wide world of alternative investments for your IRA. Take control and give yourself the freedom to choose the assets for your retirement plan, assets like real estate, cryptocurrency, private placements, and much more. Our podcast features Advanta IRA professionals and guest experts who help provide a roadmap to your success with investment trends, strategies, and tips for investing your IRA to build wealth for your future.
The Mastermind Behind $M Success in Passive Investments
9/13/23 – The Mastermind Behind $M Success in Passive Investments
Are you tired of struggling with your real estate investments? Randy Smith, the mastermind behind Impact Equity, is here to revolutionize your game! Since June 2022, Randy has orchestrated over $5M in investments with THREE top-notch operators, benefiting more than 70 savvy investors.
With his unparalleled experience, Randy’s wisdom from 23 passive investments and connections with NINE elite operators are the keys to your success. Ready to unlock the secrets of passive real estate riches? Tune in to our podcast NOW!
Recession Resistant Real Estate Radio with Brandon Cobb
08/18/23 – Crafting a Porfolio That Laughs n the Face of Recessions
Randy Smith has built a bullet proof portfolio. Randy was in the corporate world for over 25 years. It seemed massive corporate layoffs would always find him everywhere he went. He had to start over in the corporate world from the bottom multiple times. Can you imagine how frustrating? During that time, he saved, invested, and learned. What makes Randy unique is his deep knowledge of different real estate asset classes and that he is so well diversified in his real estate holdings. Today listen to 25 years of compressed wisdom as we dive deep into how Randy builds his portfolio.
Investing With The Right People
8/4/23 – The Freedom Point Podcast with Jeremy Dyer
Welcome to the Freedom Point Real Estate podcast! Randy Smith joins Jeremy Dyer in this episode to discuss how to know you’re investing with the right people by actions like checking the assumptions and more!
Truly Passive Income: Investing in Real Estate Syndications with Harman Nagi
08/03/23
We have established a place for both new and seasoned investors to share ideas, make connections, and increase their ability. We believe learning should not be stuffy, unkind or critical. It is about getting together with like-minded individuals, asking questions, and sharing some experiences along the way.
How RE Partnerships Lead to Passive Riches
7/27/23 – The Conscious Investor Podcast with July Holly
Today, Randy Smith guides us to achieving your passive income goals with his invaluable insights on the fundamentals of being a real estate partner. So, if you are eager to multiply your wealth and elevate your financial well-being, don’t miss out on this episode!
-How does relationship-building work in real estate?
-Asset management strategies for conservative syndicators
-Why it’s crucial to build a strong financial foundation as an investor
-Techniques for running a real estate business as a couple
-The role of passive income in achieving financial stability
ATE - Expertise Can Translate Into Other Avenues With Randy Smith & Tommy Feraco
7/21/23
Randy Smith & Tommy Feraco discuss different examples of due diligence, how jobs your familiar with can be used in different aspects in real estate, and what questions to ask when approached with a deal.
Mastering Passive Real Estate Investing: Insights with Randy Smith
7/20/23 – LinkedIn Live with Mark Updegraff and Matt Drowin
Randy Mark and Matt had a great discussion around he current state of the market, Randy’s path from High Income W-2 to active investing to passive investing and back to active investing.
Ep 142 - Finding Passive Income to Fuel Your Three Degrees with Randy Smith
6/13/23 – 3 Degrees of Freedom with Derek Clifford
In this episode of 3 Degrees of Freedom, we’re joined by Randy Smith, Founder of Impact Equity. Randy got his start in real estate investing by doing out-of-state, single-family, long-term rentals.
Randy shares his journey as he navigates the three degrees of freedom. He talks about using his hard-earned skills in sales and rental business to translate into success in the passive investing business, how his mindset has changed over the years, and how his family has been affected by his journey. Through all of this, Randy reflects on his definition of success and how passive income can help you to achieve your own three degrees of freedom.
The Wealth & Freedom Nexus Podcast with John Rickgarn
5-27-23 From being laid off to making an impact for investors
After working a decade for a Fortune 100 company and getting laid off, Randy wanted to make sure that he would NEVER be in that situation again where “the man” dictated his life.
CRS265 Randy Smith: Co-GP vs. Fund Manager Partnerships With Sponsors
5/22/23 – The Capital Raiser Show with Ruben Greth
Randy and Ruben went down the Rabbit Hole of Capital Raising Partnerships Structures and Nuances. Ruben really enjoyed getting into the weeds with Randy on this topic. Great Conversation!
Know Your Why Podcast with Dr. Jason Balara
5-12-23 – EP: 205 – Decrease your dependence on your W-2 through passive investing with real estate
Hosted by Dr. Jason Balara, this podcast aims at helping professionals finding their own purpose in life and create alternatives streams of income in order to reach their maximum potential.
The Power of Residential Experience and Trust in Real Estate Investing
4/17/23 – The Academy Presents with Angel Williams
In this episode of the Real Estate Investing Rocks Podcast, Angel talks with Randy Smith, the founder of Impact Equity, about his transition from being a high-income W2 sales professional to a successful entrepreneur through real estate investing. From residential to multi-family, short-term rentals to car washes, Randy shares his experiences and emphasizes the importance of betting on the jockey, not just the asset class. The key takeaway from their discussion is building relationships with operators and investing in people, not just logos.
Passive Income Adventures with Emma Powell
3-10-23 -EP: 01 – W2 or Small Business Hustle and Invest
Get the push you need to success through inspiring stories and tough lessons from entrepreneurs and investors. Go behind the scenes in their business deals and passive income adventures. This is a team sport, and every success or mistake has a group of people behind it with stories to learn from.
Hosted by Emma Powell of Highrise Group, a commercial real estate investing business, we’ll focus on a variety of passive income topics such as finding and underwriting opportunities, finding a niche, managing business partners, and the teams that make deals happen, all from the trenches!
Reduce Your Reliance on W2 Income By Investing in The Right Passive Deals
3/8/23 – The Self Storage Podcast with Scott Meyers
Do you want to know how to find the best deals in the perfect market? Hop in today’s conversation with Randy Smith as we talk about passive investing in real estate. Listen in to learn excellent strategies to gain financial success in different asset classes and achieve a thriving result in your investments.
The Real Estate Syndication Show with Whitney Sewell
2-14-23- WS1577 Raising $3M in Just Seven Months | Randy Smith
Assuming your possible circumstances make you do actions that fail-proof your future. Our guest today, Randy Smith got laid off. Thankfully, he had prepared himself financially through passive investing. What’s even more amazing is he was able to generate $3M in just seven months!
Lessons To Blessings - EP11: How to go from W2 Employee to Passive Investor
1/31/22
In this episode he shares his journey and insight on investing in 18 different deals with 8 different business operators across 4 different asset classes. You will learn how to determine the type of investor you are, things to look for in an asset class, and about finding a good business operator. If you haven’t already, feel free to like, share, and leave comments on your biggest takeaways.
Street Smart Success
1-25-22 – 265: Avoid The Common Pitfalls That Have Been Made Over The Last Couple Years
Today’s investing environment is fraught with many pitfalls. Over the last couple years, many multifamily sponsors in particular took on super high leverage with variable rate loans. These same sponsors are now encountering stiff challenges getting loan extensions because of lower occupancy and rental rates combined with higher borrowing costs. As a result, many of these sponsors will have to reach out to their investor bases for more capital or obtain rescue capital to keep their deals afloat. Randy Smith, Founder of Impact Equity, helps investors avoid these traps and invest with sponsors with great track records and sound business plans that are positioned to prosper in this challenging environment.
IS23 – Infielder Spotlight With Randy Smith
1/18/22
This week’s episode features Randy Smith. After recent changes to his W2 structure, Randy finds himself now being a full-time passive investor. He spent some time on the Active Investing side of the ballpark before moving over to the Passive side where he is currently focused. Randy continues to educate himself on the industry and is able to focus on his passion due to the passive income he is currently receiving from his investments.
The Freedom Investing
12-28-22 – 1JF3037: Qualifying GPs in Today’s Rising Rate Environment ft. Randy Smith
Randy Smith is the founder of Impact Equity, a fund-to-fund manager that helps W-2 employees decrease dependence on W-2 income. In this episode, Randy tells us how being laid off after 25 years in corporate America prompted him to accelerate his real estate career, the telltale signs that indicate how an operator is likely to perform, and how he is qualifying GPs in today’s rising rate environment.
The First Deal Show - Karoline with a K
Randy Smith is a former passive investor gone rogue. Just kidding! He started off in the turn-key real estate game. Randy highlights how he took his time before jumping into investing and how his corporate career played into that. Randy had enough of the get fired, apply for another gig at his company and then get re-hired in the same company under a different job title. He was let go and decided to take on real estate full time as an active investor. Tune in if you’re interested in investing with turn key properties or are a few years into waiting to get started. This story will motivate you to get going~
The Freedom Investing
12/19 – Podcast 26: Massive Income To Passive Income W/ Randy Smith
Key Points From the Episode:
- Randy’s journey
- Dave Ramsey’s baby steps
- Passive investing
The DJE Multifamily Podcast #193with Randy Smith
12/15/22
Devin Elder is Founder & CEO of DJE Texas Management Group, a vertically integrated multifamily investment firm based in San Antonio, Texas. Since 2012, the firm has completed hundreds of successful investment projects including many full cycle multifamily investments. Devin has been a Principal in over 5,000 doors of multifamily. Devin is a Pilot, Podcast host and owner of a Real Estate consulting firm, a brokerage, and the DJE Foundation, a 501(c)(3) non-profit supporting disadvantaged children in Texas and the Philippines.
The Fund of Funds Model with Randy Smith
11/14/22 – The Foundery – Where Leaders are Forged Daily!
𝐇𝐞 𝐝𝐢𝐬𝐜𝐮𝐬𝐬𝐞𝐝 𝐢𝐧 𝐝𝐞𝐭𝐚𝐢𝐥:
- His Real Estate Journey.
- Story behind The Gentle Art of Crushing It Podcast.
- The Goal of Impact Equity LLC.
- The Fund of Funds Model
𝐁𝐨𝐨𝐤𝐬 𝐭𝐡𝐚𝐭 𝐡𝐚𝐯𝐞 𝐅𝐨𝐫𝐠𝐞𝐝 𝐑𝐚𝐧𝐝𝐲 𝐚𝐬 𝐚 𝐋𝐞𝐚𝐝𝐞𝐫 𝐚𝐧𝐝 𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫
Who Not How by Dan Sullivan.
𝐑𝐚𝐧𝐝𝐲’𝐬 𝐐𝐮𝐨𝐭𝐞 𝐭𝐨 𝐟𝐨𝐫𝐠𝐞 𝐘𝐨𝐮 𝐚𝐬 𝐚 𝐋𝐞𝐚𝐝𝐞𝐫 𝐚𝐧𝐝 𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫
whether you believe you can or you believe you can’t, you’re right.
From Being Laid Off To First Deal In Just 2 Months!
10-13-2022
Welcome to the From Trial to Triumph Podcast! The show about leaning into life’s constant testing on your way to learning your biggest blessings!
Randy Smith was in corporate America for over 20 years until he was laid off. Luckily, he had built a real estate portfolio that allowed him to walk away from corporate America for good.
Since this departure, he was able to complete his first capital raise in just after 2 months.
If you would like to connect with Randy or learn more about his company, visit his website at https://impactequity.net/
Follow us on social media: @redseacapitalgroup, Visit our website: www.redseacapitalgroup.com
Randy Smith: Passive Investing through Syndication
0-3-2022 – BizDayGlobal with Ray Hightower of Bridgetown Partners
Randy Smith of Impact Equity, LLC discusses how syndication enabled him to become a passive investor.
About Ray Hightower:
Ray Hightower is a tech company founder and commercial real estate investor based in Phoenix, Arizona, USA. He serves as CEO of Bridgetown Partners, the creator of BizDayGlobal.
Diminishing W2 Income Reliance Through Passive Multifamily Investing with Randy Smith
Key Takeaways To Listen For
- The importance of due diligence when investing in turnkey properties
- Why it’s important to have an active income supporting your passive investments
- Upside and downside of investing passively with an operator
- How real estate investing can change one’s vision and goals
- The current performance of the real estate market
- Advice on approaching unforeseen events in the passive investing space
Your First Steps To Hassle-Free Passive Investing With Randy Smith
Learn how Randy Smith performs due diligence on operators and why he chose passively investing in apartment syndications as his preferred method of building financial freedom.
Key Takeaways To Listen For
- Randy’s Real Estate journey that led him to passive investing
- The multifamily syndication, and Randy’s experience in the niche.
- Advice to new investors looking to building trust with operators
- Wiring funds for the first time
- How Randy vets his potential syndicators
- Advice to investors when looking for that first deal
Chance Encounter with Dan Fradenburg from 506b.me.
August 26th, 2022
Dan Fradenburg captures investor conversations in this great platform where he educates investors to satisfy the sophisticated investor criteria for 506B investments. He leverages his Dan Does Deals Commercial Role Die to educate on the basics of syndication:
- Repositioner – Acquisitions person that finds the deal and does the underwriting
- Operations – Improves the business and executes the business plan
- Contractors – Group that fixes up the property
- Local – Boots on the ground
- Financier – Brings the $$’s to the deal
- Sponsors/KP – Individual that brings their balance sheet to the deal to qualify for the loan
The Key to Low-Stress, Passive Income with Randy Smith
When Randy Smith started his investing journey, he thought single-family, turnkey homes would help him reach his goals of passive income. That’s until a year ago when he realized multifamily and limited partnerships were the key to low-stress income. Today, Randy is talking about the main questions he asks during his due diligence process, what surprised him about passive investing, and the biggest reason he decided to make the switch.
Randy Smith Real Estate Background:
Manager of Business Development for a Fortune 100 financial services company
Currently passively investing as an LP in 6 different syndications including multifamily and a mobile home fund (portfolio consists of rentals in Atlanta and Kansas City, including 2 turnkey units and 3 BRRRR units)
How to Create True MailBox Money!!!
Highlights
- Randy walks us through some of the highlights and lowlights of his 25 year career in sales and sales leadership
- Randy discusses the importance of mindset and how to shift from a scarcity mindset over to an abundance mindset
Best Ever Report - Issue No. 45
Randy was featured in the Best Ever Report which is Ashcroft Capital’s monthly investor newsletter that focuses on educating the passive investor on the many benefits of investing in the passive syndication space. You can read the full article by enlarging the picture to the left.