Famous Athletes Make More Money Doing This with Ravi Gupta, MD & Nathan Loy

Professional athletes have turned to real estate investment; in particular, multifamily investment, to generate passive income and diversify their portfolios. Nathan Loy, our senior acquisitions analyst, joins Ravi in this episode to discuss how multifamily investing combines his love for real estate and helping people. We learn how multifamily investments cater to families and individuals, providing a larger tenant base compared to other real estate classes, and hence allows investors to make a positive impact on communities. The duo offer insights on passive income, contrasting it with active income tied to working hours. We learn about the importance of choosing investment options that outperform inflation rates and highlights multifamily investments as a true form of passive investment, offering "mailbox money" that flows in regardless of one's activities. Aside from the benefits, we also get into the risks and considerations that come with multifamily investing. By learning how to invest in the right markets and partner with experienced sponsors who prioritize stable debt, ask the right questions, and conduct thorough due diligence, we’ll be able to make the most out of multi-family investment. Key Takeaways ● Passive income is a significant benefit of multifamily investing, allowing investors to make money while they sleep. ● Choosing investments that outperform inflation rates is crucial for long-term financial success. ● Tax advantages, such as depreciation and cost segregation, make multifamily investments attractive and provide potential tax deferral. ● Choosing the right debt structure and lender is crucial to mitigating risks and ensuring long-term stability. ● Conducting thorough due diligence, including evaluating market conditions and the track record of sponsors, is essential for successful multifamily investments. ● In multifamily investing, it is beneficial to have sponsors who also invest alongside the limited partners (investors), as it aligns their interests and demonstrates commitment to the investment's success. ● Multifamily properties serve as a hedge against inflation, as rising expenses tend to correlate with increased rents. The affordability of purchasing a home can push individuals into the rental market, making multifamily investments attractive. “Being an LP, or a limited partner in a deal means that you contribute your cash contribution and then you let your professional sponsor do the actual investment portion of it.” - Nathan Loy Connect with Nathan Loy LinkedIn - https://www.linkedin.com/in/nathanloy/ Connect with Viking Capital Website - https://www.vikingcapllc.com