Kris Morin, co-founder of Three Peaks Capital, shares his journey from corporate America to real estate investing. He emphasizes the importance of diversifying investments and highlights the benefits of investing in private equity and real estate. Morin discusses the focus of Three Peaks Capital on value-add apartment complexes in markets with strong fundamentals. He also addresses common misconceptions in real estate investing and provides advice for investors when vetting operators or managing partners. Morin concludes by encouraging investors to get in the game and plan for the long term.
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Main Points:
- Diversification is important in investing, and real estate provides an alternative asset class that can help achieve financial goals.
- Investing in private equity and real estate can offer more stable returns and cash flow compared to stocks and bonds.
- Value-add apartment complexes in markets with strong fundamentals can provide predictable and sustainable returns.
- When vetting operators or managing partners, investors should ask about their experience, track record, and ability to handle challenges.
- Planning for the long term and structuring investments with longer-term debt can help mitigate risks and optimize returns.
Connect with Kris Morin:
- info@threepeakscap.com
- https://www.threepeakscap.com/
- https://www.linkedin.com/in/kris-morin-multifamily-real-estate-expert/
- https://www.facebook.com/kris.morin.906/