Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago on . Most recent reply

The Hands-Off Investor - Thank you Brian Burke!
As a passive investor all I can say is thank you! Finally a book specifically for the passive investors with actual examples, going through the terms, different structures, and giving a perspective from the passive investor not just from sponsor perspective. I will admit I still have 50 pages left, but I wanted to say "Thank you!", as it has already been really valuable for me. It is a quick read, straight to the point and a great reference. I wanted to put a topic out there so hopefully others who are passive investors will get the book.
I cannot wait for the physical copy so I can have a more tangible reference (yes one of those people that likes to browse through real books!).
Word of warning, if you are listening to the audio book, the section on waterfalls NEEDS the reference, otherwise you are in for a headache :)
So while I cannot @ you Brian Burke (yet) I am sure you will see this. So Thanks!
Most Popular Reply

@Brian Burke A few things:
1. Have the book as a reference next to me next time I am evaluating sponsor/deal
2. Need to ask for way more things from Sponsors next time
3. Sensitivity analysis and examples of how exits can change the math on return were great way to show how much flexibility there is in real estate
4. Enjoyed your rant on Cap rate :)
5. Really great and clear description of Waterfalls!
Before your book there was only one other book I found that was aimed at the passive syndication investor and it is refreshing to have more sources for information with concise and clear descriptions on what to expect and what to watch out for!