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EP268 How He's Raised over $42 Million from Friends and Family to Invest in Apartments, Hospitality, Office, NNN Lease and Cannabis, with Al Vardya

EP268 How He's Raised over $42 Million from Friends and Family to Invest in Apartments, Hospitality, Office, NNN Lease and Cannabis, with Al Vardya

FromRental Property Owner & Real Estate Investor Podcast


EP268 How He's Raised over $42 Million from Friends and Family to Invest in Apartments, Hospitality, Office, NNN Lease and Cannabis, with Al Vardya

FromRental Property Owner & Real Estate Investor Podcast

ratings:
Length:
46 minutes
Released:
Feb 15, 2021
Format:
Podcast episode

Description

I’m excited to be talking with a good friend and mentor of mine today about raising equity from investors.  Al Vardya successfully exited a 26-year career in the Information Technology Industry and began investing in Real Estate back in 2011.  He started with single-family homes that he still owns and manages, and then began investing in commercial real estate such as Class B Multifamily, hospitality, and office buildings. One of Al’s many strengths is that he has created and maintains partnerships with sponsor groups syndicating private placement deals.  Al has also built a family and friends network of investors providing capital for these syndications.  He invests both as a limited partner and also co-sponsors some of these deals as a General Partner. To date, Al has raised over $42 Million in investor equity across 37 projects, 12 of which have been exited for an average annual return of 37% to his investors. Today we’re going to discuss what qualities Al looks for in his sponsors and the type of groups and asset classes he prefers to invest in.  He’ll also share how he built his network of over 120 passive investors and how he communicates and educates them in the opportunities he’s pursuing.  You’ll also get some incredible insight into the trends and new types of investments Al is targeting for 2021, including new apartment development in Montana and Triple-Net Leases in the Cannabis Industry. Whether you’re raising money from investors or looking to invest passively in other people’s deals, you’re going to love listening to what Al has to say.  If you’re an accredited investor and would like to get in touch with Al, you can do so by phone or email: 248-444-7670 oldivyrealestate@gmail.com
Released:
Feb 15, 2021
Format:
Podcast episode

Titles in the series (100)

Every Monday your host, Brian Hamrick, and his special guest will discuss topics, tips and techniques designed to make you a more confident and successful rental property owner and real estate investor.