Summary
Denis Shapiro discusses what to look for in an income fund and the risks of investing in private equities. He emphasizes the importance of understanding the safety and collateralization of the assets in an income fund and the track record of the fund manager. He also explains the difference between closed-ended funds and evergreen funds, highlighting the potential risks of evergreen funds. Shapiro advises using LinkedIn to educate oneself and learn the language of real estate investing before attending meetups. He also discusses the benefits of investment clubs and the misconceptions about real estate syndication and investing in affordable housing.
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Main Points:
- When investing in an income fund, it is important to understand the safety and collateralization of the assets and the track record of the fund manager.
- Closed-ended funds have a set time period and money cannot go in and out, while evergreen funds allow for liquidity but can be risky.
- Using LinkedIn to educate oneself and learn the language of real estate investing before attending meetups can be beneficial.
- Investment clubs can provide opportunities for pooling resources and sharing knowledge.
- There are misconceptions about the passive nature of real estate syndication and the tax benefits of commercial real estate investing.
- Investing in affordable housing can provide a barrier of entry and a long-term exit plan.
- Investing with partners who are operators rather than just capital raisers can lead to more active involvement and better decision-making.
- Proper due diligence is crucial when investing in real estate syndication.
Connect with Denis Shapiro:
- denis@sihcapitalgroup.com
- @sihcapitalgroup8963
- http://SIHCapitalGroup.com
- https://www.linkedin.com/in/denisshapiro/
- https://www.facebook.com/sihcapitalgroup
Biography of Denis Shapiro:
Denis began investing in real estate in 2012, when the market was just beginning to recover from the GFC (Global Financial Crisis). He built a cash flowing portfolio including many alternative assets, such as Note and ATM funds, mobile home parks, life insurance policies, tech start-ups, Industrial property, short term rentals, affordable housing communities and more. He co-founded an investment club for accredited investors in 2019. Following the success of his investor club he launched SIH Capital Group. SIHCG’s mission is to bring clarity and accountability to alternative investments for passive investors. Denis wrote The Alternative Investment Almanac: Expert Insights on Building Personal Wealth in Non-Traditional Ways in 2021. His book is based on his own experience becoming a successful alternative asset investor and interviews with some of the best alternative asset investors in business today.