Welcome to the Building Passive Income podcast with your host, Wayne Courreges III. From serving as a U.S. Marine to becoming a successful real estate investor and founder of CREI Partners, Wayne shares his journey and the lessons learned along the way. Each episode offers valuable insights into building wealth through real estate, with a focus on helping passive investors make informed, confident decisions. Whether you're new to real estate or looking to deepen your knowledge, this podcast is your go-to resource for education, strategy, and inspiration on your path to financial freedom.
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Welcome to the Building Passive Income podcast with your host, Wayne Courreges III. From serving as a U.S. Marine to becoming a successful real estate investor and founder of CREI Partners, Wayne shares his journey and the lessons learned along the way. Each episode offers valuable insights into building wealth through real estate, with a focus on helping passive investors make informed, confident decisions. Whether you're new to real estate or looking to deepen your knowledge, this podcast is your go-to resource for education, strategy, and inspiration on your path to financial freedom.
In this episode, Wayne Courreges III discusses the essential aspects of passive investing in real estate, focusing on identifying red flags in investment opportunities. He emphasizes the importance of due diligence, understanding business plans, and evaluating the transparency and track record of sponsors. The conversation aims to equip listeners with the knowledge to make informed investment decisions and recognize potential risks.
Takeaways
Passive investors must evaluate the sponsor and the deal.
Unrealistic rent growth assumptions are a red flag.
Understanding the business plan is crucial for investors.
Due diligence should include detailed property assessments.
Transparency in sponsor fees is essential for trust.
Guaranteed returns in real estate are unrealistic.
A sponsor's track record is vital for investor confidence.
Investors should be wary of overly polished pitches.
Risks should be clearly communicated in investment proposals.
Education and asking the right questions are key to successful investing.
Building Passive Income
Welcome to the Building Passive Income podcast with your host, Wayne Courreges III. From serving as a U.S. Marine to becoming a successful real estate investor and founder of CREI Partners, Wayne shares his journey and the lessons learned along the way. Each episode offers valuable insights into building wealth through real estate, with a focus on helping passive investors make informed, confident decisions. Whether you're new to real estate or looking to deepen your knowledge, this podcast is your go-to resource for education, strategy, and inspiration on your path to financial freedom.