Oct 24, 2022
This is part 1 of my conversation with Andrew Rosenberg, from Honolulu, Hawaii. He is married with a teenage son and he is a fourth-generation entrepreneur and works in Family Business with his father. 10+ years as a real estate investor. Making the transition from SFH to Multifamily Syndications. Purely passive Limited Partner investors. 3,000+ units and exceeding a dozen Syndication deals. Founder of the CRE SPOTLIGHT, a short content educational CRE production using captioned audio. Co-Host with Christina Stevens of SIMPLY SUNDAYS, a monthly CRE Zoom Networking Meetup.
In this episode, Andrew Rosenberg shares his story of how he became an investor. He discusses the importance of asking questions and being proactive in your real estate investing strategy. He mentions that first-time investors often do not understand what they are getting into and that operators should take care to thoroughly explain the risks to their investors. To learn more about Andrew Rosenberg and his work, listeners can visit his LinkedIn!
[00:01 - 08:18] From Corporate Finance To Syndicating Real Estate
[08:19 - 14:38] The Challenges Of Managing Real Estate Investments
[14:39 - 29:28] Closing Segment
Tweetable Quotes:
“I'm trying to understand how it's possible that the highest correlation to failure is bad property management.” – Andrew Rosenberg
“I'm not saying don't invest in syndications, but I do think operators tend to ignore the downside risks beyond just what a fiduciary responsibility is. You do have an ethical obligation to really explain to people what they're getting into, and I don't think a lot of first-time investors truly understand what they're getting into.” – Andrew Rosenberg
Connect with Andrew through his:
LinkedIn: Andrew Rosenberg
Website: CRE Spotlight
Podcast: Simply Sundays
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Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.
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