private real estate

Is the real estate sector really as bad as the headlines seem? This episode welcomes Seth Singerman, founder and managing principal of Singerman Real Estate,  as his discussion with Greg aims to help investors understand what’s next for this diverse asset class and how to pick winners from among the many different players in the space. 

The conversation covers many topics including: 

• the unique value of life science office compared to traditional office
• the relative strength of public real estate valuations
• and, the viability of new builds and real estate in key fields such as “meds and eds” going forward 

Greg Dowling, Chief Investment Officer of FEG Investment Advisors hosts. 

You can find every episode of FEG Insight Bridge podcasts in one place and sign up to receive our other publications here.

None of us are walking down the fairway bragging about the returns we got last year with an index fund, or the interest we are getting in our bond portfolio. Whether we should or not is another topic. But everyone seems to know someone that knows someone who can get them in on a private deal that is sure to have amazing returns with very little downside.

Private investing versus public investing is a very different endeavor. Over the next few episodes we will dive deeper into the types of private investments, when they may be appropriate, and why they should be considered. We will have experts in each segment join us to uncover the most important facts and questions to be considered around private investing.

Episode Highlights

• (2:05) Defining the public market vs private market
• (3:22) "In the short term, the stock market can be a voting machine, but in the long term it's a weighing machine." -Benjamin Graham
• (4:14) Accessing outsized returns in private markets
• (5:32) How the biggest and best venture capital and private equity funds are similar to the best college football teams
• (8:26) What are the different types of private investments?
• (9:22) Questions to answer before getting into private investments
• (10:33) What are the risks to look out for? Liquidity, access, and lack of regulation
• (14:35) When are these investments appropriate?
• (16:21) Private investments towards the end of your athletic career
• (17:48) What we're covering over the next few weeks

More info at pgaplayerspodcast.com

If you do not have the time or energy to learn about how true professionals go after the returns they deserve, then find an advisory team that will unbiasedly vet the deals for you or just go buy a publicly traded Real Estate Investment Trust.

If you want to explore the best ways to allocate money to real estate, listen to this podcast or Aaron Golderberg’s recent PGA Players Podcast #14 and always ask the right questions before investing. The most important question being the track record of the private real estate shop and if they have “skin in the game.” You also want to know their specialty niche in the market and when the cash flow will make it to you.

I also share some of the mistakes I made and saw my teammates make when it came to real estate investing and NFL Players.

Episode Highlights

• (00:42) The biggest driver of your net wealth is Human Capital
• (2:18) Deep dive on private real estate: PGA Players Podcast #14
• (3:18) Taking stock of your financial structure – does real estate fit?
• (4:58) Homes are consumption assets
• (6:41) The BRRR (Buy, Rehab, Rent, Refinance, Repeat) Method
• (7:38) Vetting private investment deals
• (8:49) Public REITs (Real Estate Investment Trust)
• (10:04) When are you going to get paid back?
• (10:52) The advantage of non-recourse debt

In this episode, we take a break from the usual discussions of financial and investment news over the past week to take a deeper dive into private markets. With all the excitement over the past year around individual stock picking, the entrance of new forms of cryptocurrency and NFTs (non-fungible tokens), we thought it’d be good to spend some time on private markets because we think they are where you can capture some of the highest drivers of returns.

Justin, Erik, and Brandon discuss what private markets are and why they typically capture some of the highest returns, whether skill is a factor in private markets, and getting access to the best deals.

Episode Highlights

• (00:12) Going deeper into the private markets
• (1:38) The additional risks that come with private market investing
• (4:07) Are public markets more attributable to luck or skill?
• (4:40) Out performance in the private markets
• (5:09) “Not all venture, not all private equity, is created equal.” – Brandon Averill
• (7:17) Due diligence questions to ask
• (9:18) How do we actually get access to the top 25%?
• (9:48) The building block considerations
• (13:01) Understanding your finance goals
• (15:24) Putting it all together in a holistic integrated plan
• (15:44) What factors should be in place before you consider entering private markets?
• (19:52) Types of private markets

More resources at awmcap.co/insights53

Have you ever wondered why ultra wealthy families invest in private real estate? Why wouldn’t you just buy your own rental property or invest in a public REIT (Real Estate Investment Trust)? How do you even find a quality partner to invest with? What types of real estate investments are out there? As a professional athlete, when would this type of investment make sense for you?

In this episode, we talk with experts from two different private real estate firms to get an insider’s guide on what to look for in a deal, how to evaluate it, and how to choose a partner to invest with. And they both happen to be former professional athletes as well. Dan Kennedy is a Partner at Driven Capital Partners and a retired MLS player, and Peter Tomasulo works for Lyon Living and is a retired PGA Tour player. I learned a lot in this interview and hope you do, too.

Episode Highlights

• (1:00) Why Dan started investing when he was a MLS player
• (5:14) "I thought I was going to play until I was 50 years old and then I was just going to be able to do whatever I wanted." - Peter Tomasulo
• (13:05) What are the different types of real estate investments?
• (22:57) Why do high net worth families and successful athletes invest in RE
• (23:54) Why not use a public REIT?
• (29:08) What to look for when evaluating a new investment?
• (33:06) When does an investment like private real estate fit in my financial structure?

Why do Professional Athletes continue making headlines for losing money on investments? Do you know what to look out for so you are not taken advantage of when it comes to private investments? 

In the first podcast of the series of private investments, I give a quick overview that we will discuss over the coming weeks including venture capital, hedge funds, and private real estate. As every investor learns, there is no free lunch in the market so I explain some of the risks and the possibility of higher returns and what must be sacrificed to attain those returns. There is always a trade-off for every investment decision whether you know it or not. Those that build generational wealth put their money where there are compensated risks. 

Episode Highlights

• (00:06) Private investment series overview
• (1:03) The advantages of private investments
• (1:23) Russell Wilson news
• (2:12) Public vs private markets
• (3:34) Confidence in returns
• (4:30) Dealing with risks
• (5:30) Returns vs expenses
• (6:34) Investments with friends or family?
• (8:26) The importance of vetting deals
• (9:22) Finding the right financial team to help 

None of us are walking down the fairway bragging about the returns we got last year with an index fund, or the interest we are getting in our bond portfolio. Whether we should or not is another topic. But everyone seems to know someone that knows someone who can get them in on a private deal that is sure to have amazing returns with very little downside.

Private investing versus public investing is a very different endeavor. Over the next few episodes we will dive deeper into the types of private investments, when they may be appropriate, and why they should be considered. We will have experts in each segment join us to uncover the most important facts and questions to be considered around private investing.

Episode Highlights

• (2:05) Defining the public market vs private market
• (3:22) "In the short term, the stock market can be a voting machine, but in the long term it's a weighing machine." -Benjamin Graham
• (4:14) Accessing outsized returns in private markets
• (5:32) How the biggest and best venture capital and private equity funds are similar to the best college football teams
• (8:26) What are the different types of private investments?
• (9:22) Questions to answer before getting into private investments
• (10:33) What are the risks to look out for? Liquidity, access, and lack of regulation
• (14:35) When are these investments appropriate?
• (16:21) Private investments towards the end of your athletic career
• (17:48) What we're covering over the next few weeks

More info at pgaplayerspodcast.com