Dustin and Adam explore one of the most underappreciated aspects of building wealth: the power of investing alongside others and being part of a mastermind community. They share real examples from their experience in groups like Robert Helms and Russell Gray’s syndication mastermind and Ken McElroy’s Collective, showing how exposure to different perspectives transformed their underwriting approach and deal selection. The discussion turns to how passive investing itself serves as an educationa...
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Dustin and Adam explore one of the most underappreciated aspects of building wealth: the power of investing alongside others and being part of a mastermind community. They share real examples from their experience in groups like Robert Helms and Russell Gray’s syndication mastermind and Ken McElroy’s Collective, showing how exposure to different perspectives transformed their underwriting approach and deal selection. The discussion turns to how passive investing itself serves as an educationa...
v1.45 - The Complexity Trap in Real Estate Syndications
Wealth Independence Podcast
24 minutes
2 weeks ago
v1.45 - The Complexity Trap in Real Estate Syndications
Dustin and Adam tackle a common misconception in real estate syndication investing: that complicated deal structures signal sponsor sophistication. They break down why simpler structures, like straight 80/20 splits, often serve passive investors better than multi-tiered waterfalls and accruing preferred returns. They walk through real-world examples of overly complex deal structures, including waterfalls with multiple performance tiers and preferred returns with catch-up provisions. They also...
Wealth Independence Podcast
Dustin and Adam explore one of the most underappreciated aspects of building wealth: the power of investing alongside others and being part of a mastermind community. They share real examples from their experience in groups like Robert Helms and Russell Gray’s syndication mastermind and Ken McElroy’s Collective, showing how exposure to different perspectives transformed their underwriting approach and deal selection. The discussion turns to how passive investing itself serves as an educationa...
