174: Critical Aspects of Limited Partnerships for Smarter Passive Investing with Aleksey Chernobelskiy

Welcome to the Passive Investing from Left Field podcast! In this episode, we're thrilled to have Aleksey Chernobelskiy, an expert in advising limited partners on real estate investments. Aleksey shares invaluable insights on navigating syndication deals, avoiding common mistakes, and the importance of being an active LP. Whether you're a seasoned investor or just getting started, this episode is packed with essential advice to help you succeed in the world of passive investing. Don't miss out – tune in now About Aleksey Chernobelskiy  Aleksey Chernobelskiy advises limited partners (LPs) on existing and future investments, writing weekly to 3,000 investors at LPlessons.substack.com to explain how to properly vet and consider LP investments within their portfolios. He also assists General Partners with LP-related matters such as capital calls and feedback on investment decks. Before advising LPs, Aleksey managed STORE Capital’s $10 billion commercial real estate portfolio and oversaw the firm’s underwriting team. He graduated from the University of Arizona with a quadruple major in Finance, Mathematics, Economics, and Accounting. Here are some power takeaways from today’s conversation: 02:27 His background 05:32 His three key fundamentals 10:46 Pros and cons of perpetual holds 20:46 The difference between the return on vs of capital structures 26:19 How LPs can set expectations ahead of time 35:42 Podcast Recommendation 36:47 Contact Guest   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.         Podcast Recommendations:The Aquired Podcast: https://www.acquired.fm/The Founders Podcast: https://www.founderspodcast.com/ Resources Mentioned: Contact the guest:LinkedIn http://www.linkedin.com/in/chernobelskiy Advertising Partners: Vyzer:https://vyzer.co/ Midloch:https://midloch.com/ Left Field Investors:https://www.leftfieldinvestors.com/ Rust Belt Capitalhttps://rustbeltcapital.com/ Tribevest: https://www.tribevest.com/ Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suhhttps://www.leftfieldinvestors.com/books/