Private Real Estate Funding with Heather Dreves - Episode #183

Heather Dreves is a fund manager that specializes in private real estate funding. She has been in the industry for over seventeen years and has raised over $300 million dollars in her time with Secured Investment Corp, for investors for dozens of different projects.  She believes in building relationships with both investors and real estate developers, which is one of the reasons her fund has grown so much over the years and she is an expert at helping property owners achieve their goals of exiting their businesses and real estate investments. In this episode, Heather shares her insights about the industry and their unique funding plan as a company. Private funds are an alternative to public equity investing. There are many potential benefits to private fund investing, such as higher returns and lower volatility than in the public markets. Private equity firms may have an experienced management team and valuable industry expertise, but like all investments, there are some risks involved. This is where Heather comes in. She’ll detail the ins and outs of private funding and why due diligence is so important no matter what type of funding you choose. The lab is full of great insight from industry experts and this episode is no different. Let’s build. HIGHLIGHTS OF THE EPISODE: 18:16 - Short Term Loan 23:20 - Idea behind our funding services 29:40 - Funding vs Multifamily syndicators KEEPING IT REAL: 3:17 - Private Real Estate Funds 5:54 - Residential Real Estate 10:33 - Fund Managing 12:40 - What happens when demand increases 16:15 - Who is not private funding for 34:23 - Bad fund operators 37:11 - Notes or deeds of trust 43:35 - Considering short term rentals NOTABLE QUOTES (KEY LESSONS): 43:44 ”Whether it's properties we're buying or loans we're originating. One of the things as a fund management team that we've experienced for all these years [is that] we're only as good as the exit.” - Heather Dreves CONNECTING WITH THE GUEST Website: https://securedinvestmentcorp.com/ LinkedIn: https://www.linkedin.com/in/heather-dreves-6204a242/ #privaterealestatefunding #privaterealestate #realestateexperiment