If you do not have the time or energy to learn about how true professionals go after the returns they deserve, then find an advisory team that will unbiasedly vet the deals for you or just go buy a publicly traded Real Estate Investment Trust.

If you want to explore the best ways to allocate money to real estate, listen to this podcast or Aaron Golderberg’s recent PGA Players Podcast #14 and always ask the right questions before investing. The most important question being the track record of the private real estate shop and if they have “skin in the game.” You also want to know their specialty niche in the market and when the cash flow will make it to you.

I also share some of the mistakes I made and saw my teammates make when it came to real estate investing and NFL Players.

Episode Highlights

(00:42) The biggest driver of your net wealth is Human Capital(2:18) Deep dive on private real estate: PGA Players Podcast #14(3:18) Taking stock of your financial structure – does real estate fit?(4:58) Homes are consumption assets(6:41) The BRRR (Buy, Rehab, Rent, Refinance, Repeat) Method(7:38) Vetting private investment deals(8:49) Public REITs (Real Estate Investment Trust)(10:04) When are you going to get paid back?(10:52) The advantage of non-recourse debt