Today it is my pleasure to have Lance Peterson on the show. He has quite a unique platform in real estate since he comes from a background in technology. Because of both of those passions, he also has his own software for investors called Marko. We talk about what he does as admin for a real estate administration as well as who his typical clients are. 


Minute Markers:


01:14 – Who is Lance? What does he do and what is his background?


03:12 – Who are Lance’s typical clients?


06:14 – What capital do you have in the administration?


06:58 – In-house versus Outsource funding


10:50 – Lance’s software, Marko


15:00 – The difference between administering funds versus syndications


17:54 – The annual audit process


22:00 – Lance’s best practices


26:00 – Thank you for listening to the Big Mike Fund Podcast


Resources:


Lance Pederson, LinkedIn


Redwood Real Estate Administration, Website


Audible, website


Capital Attraction: The Small Balance Real Estate Entrepreneur’s Essential Guide to Raising Capital by Matthew Burke, Amazon