149. Jeremy Roll on Real Estate Investment Strategies and Risks Part Two

Get ready for an electrifying ride in Part 2 of the Keynote Address from the Left Field 2023 Meetup! The audience comes in hot with burning questions, turning this episode into a rollercoaster of insights for savvy passive investors hungry for stability and growth.Jeremy Roll, a seasoned market observer, not only explores the current state of market investments and his strategies for the next decade but also shares invaluable advice on what LP investors should prioritize. Packed with wisdom, this episode is a must-listen for those seeking stability and growth, providing a roadmap to navigate the evolving investment landscape with confidence and strategic foresight. About Jeremy Roll  Jeremy started investing in real estate and businesses in 2002 and left the corporate world in 2007 to become a full-time passive cash flow investor. He is currently an investor in more than 60 opportunities across more than $1 Billion worth of real estate and business assets. As Founder and President of Roll Investment Group, Jeremy manages a group of over 1,500 investors who seek passive/managed cash-flowing investments in real estate and businesses. Jeremy is also the co-founder of For Investors By Investors (FIBI), a non-profit organization that was launched in 2007 to facilitate networking and learning among real estate investors in a strict no sales pitch environment. FIBI is now the largest group of public real estate investor meetings in California with over 30,000 members. Jeremy has an MBA from The Wharton School and is an Advisor for Realty Mogul, the largest real estate crowdfunding website in the US. Jeremy welcomes e-mails ([email protected]) to network with or help other investors and to discuss real estate or business investments of any size. Here are some power takeaways from today’s conversation:  00:30 What to do when an operator isn’t cooperating? 02:56 The correlation of the quality of communication with the operator and the ROI 04:49 If you negotiate $25,000 off the investment and will the operator walk away? 06:30 How do you do background checks on operators? 09:38 What is the cost of a private investigator? 10:05 Do you need permission to perform background checks? 11:22 What is his biggest pull back when investing? 13:41 The impact of the fed on ATMs 14:47 How often do you meet with the operator in person before a deal? 16:11 Value add limited partner  18:21 How long does it take for him to evaluate a deal and how many deals does he have going on right now? 20:04 Mobile home park investing 23:26 Managing cashflow 25:02 Thank you for watching   This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.     Resources Mentioned:  Email: [email protected] Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suh Podcast Recommendations: Motley Fool Money The Walker Webcast Advertising Partners: Left Field Investors - BEC Tribevest Rise48 Aspen Funds GSP REI Spartan Investment Group Vyzer