This episode is brought to you by Presario Ventures, a private equity real estate firm based in the booming Austin, Texas, market. To learn how to invest in the future of Texas with Presario Ventures, visit info.presarioventures.com/bestever. In this episode, Ash Patel interviews Tim Little, a seasoned commercial real estate investor and founder of Zana Investments. Tim shares his journey from the military to real estate investing and offers valuable insights into the challenges and opportunities in the commercial multifamily space. Key Takeaways: The Importance of Partner Selection: Tim emphasizes the significance of vetting potential partners when considering long-term commitments in real estate deals. He highlights the need for aligned values and the ability to work cohesively with partners over extended periods. Managing Investor Expectations Amid Rising Rates: Tim discusses the challenges of managing investor expectations when cash flow is impacted by rising interest rates. He stresses the importance of transparent communication with investors, explaining the reasons behind temporary suspension of distributions and the potential impact on long-term returns. Diversification and Exploring Other Asset Classes: Tim acknowledges the changing landscape of commercial real estate and the need for diversification. He shares his interest in exploring alternative asset classes like express car washes and self-storage. Tim highlights the importance of educating investors when diversifying into new asset types.   Tim Little | Real Estate Background Founder of ZANA Investments Portfolio: 693 co-owned units valued at over $90M Based in: Tampa, FL Say hi to him at:  LinkedIn zanainvestments.com  Best Ever Book: Atomic Habits by James Clear Greatest Lesson: Vet your partners sufficiently. These are 3 to 10 year commitments, so you not only need to get along with them, your values need to be aligned and you need to know that you can work with these people for the long haul.   Click here to learn more about our sponsors: Presario Ventures Rentec Direct