125. Deal Deep-Dive: How to Handle Tough Conversations with Investors with Randy Langenderfer

Westside Investors Network

ABOUT RANDY LANGENDERFER

Randy is President of InvestArk Properties, LLC focusing on creating investor value and passive income returns for the busy professional.

Randy is a former Chief Compliance and Audit Officer for a large academic medical institution, now a full-time real estate investor. With an MBA in finance, he has a keen understanding of how to analyze and review real estate investments. This expertise has enabled him to grow his portfolio from a single duplex to being invested in more than 4,000 units.

THIS TOPIC IN A NUTSHELL:

Randy’s career background

His journey in real estate investing

Transition from SFH to Multifamily

What kind of deals they are looking for as a sponsor

Target market and asset class preference

About the Deal

Unit mix, location, and capital improvements

Value Add Plan for the property

How new asset class adapts to market shift

Property management and lessons learned with PMs

Acquisition and financing

How to handle challenges as a Sponsor

Approach to Preferred Returns

Handling tough conversations with investors

Hold time for deals

Connect with Randy

KEY QUOTE:

“I would rather get singles or doubles and occasional triples than strikeouts. The person with singles or doubles will have more batting average and so it is with investing. “

SUMMARY OF BUSINESS:

InvestArk Properties' mission is to create significant passive income for our investors and partners by identifying, acquiring, and operating Multi-Family assets across the US, emphasizing Texas and Arizona.

ABOUT THE WESTSIDE INVESTORS NETWORK

The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.

The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.

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CONNECT WITH RANDY LANGENDERFER:

Website: https://www.invest-ark.com

LinkedIn: https://www.linkedin.com/in/randy-langenderfer

Facebook: https://www.facebook.com/randy.langenderfer

CONNECT WITH US

For more information about investing with AJ and Chris:

· Uptown Syndication | https://www.uptownsyndication.com/

· LinkedIn | https://www.linkedin.com/company/71673294/admin/

For information on Portland Property Management:

· Uptown Properties | http://www.uptownpm.com

· Youtube | @UptownProperties

Westside Investors Network

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· Instagram | @westsideinvestorsnetwork

· LinkedIn | https://www.linkedin.com/groups/13949165/

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