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Develop and Set up Your Own Strategy in Multi-family with Randy Langenderfer

Jun 1, 2021

Today’s guest is Randy Langenderfer. Randy is President of InvestArk Properties, LLC focusing on creating investor value and passive income returns for the busy professional.  He has been in multi-family real estate since 2014 as both a general partner/key principal in 250 doors and a limited partner in over 4,000 doors. InvestArk offers the chance for busy professionals who want to include multi-family real estate in their portfolios to partner with experts who are aligned with their investment goals.

 

Let’s listen to Randy and learn more about developing your own strategy in Multi-family investing.

 

[00:01 – 07:20] Opening Segment 

  • Let’s get to know Randy Langenderfer.
  • Randy shares his background and how he got to where he is today.
  • Adding values and helping others to reach their goals
  • The journey in becoming a coach.
  • Randy talks about why he keeps his W2 job while doing real estate investing.

 

[07:21 – 19:08] Develop and Set up Your Own Strategy in Multi-family

  • The advantage of Hard-money lending.
  • Randy talks about how he got into Multi-family investment.
  • Self-directed IRA.
  • Reaching general partners.
  • Develop your own strategy.
  • Learn the risks, benefits, and differences of all sponsors.
  • Be aware of the shiny object syndrome.
  • Underwrite and vet on deals.
  • The difference and the risk in Bridge financing.
  • The various types of debt and financing options.

 

[19:09 – 32:02] The Integrity in Active Real-estate Investing 

  • The responsibility and role as a Key Principal, General Partners, and Limited Partners 
  • Randy shares his experience as a General Partner.
  • Being aggressive in underwriting.
  • Randy talks about his next acquisition plan.
  • The shift to active investing.
  • Randy shares his experience in dealing with unexpected events in active investing.
  • The integrity as an active investor.
  • Being a very active-passive investor.

 

[32:03 – 37:23] Closing segment

  • If your great-great grandkids are to write a book about you, how would you like it to be titled? 
    • A husband, father, and friend who builds values in others.
  • Connect with Randy.
    • See the links below. 
  • Final words from me.



Tweetable Quotes:

“You have to develop your own strategy, and to me, it began with education.” –  Randy Langenderfer.

 

“No deal is better than a bad deal.” –  Randy Langenderfer

 

“I always tell my students to be a very active-passive investor. Ask questions, review the report, and do your due diligence.”  –  Randy Langenderfer

   

You can connect with Randy on LinkedIn or check out his websites at www.invest-ark.com/.

 

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To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.