Vetting Your Sponsors Properly with Jim Pfeifer

Jim Pfeifer is one of the founders of Left Field Investors, a group dedicated to educating and assisting like-minded investors negotiate the nuances of the passive investing landscape and world of syndications. In this episode of the Real Estate (Un)Success Stories podcast, Cody has a conversation with Jim about how critical it is to hire quality asset managers that understand the asset they’re managing and how it’s key for passive investors to find quality sponsors.

 

 

 

 

Jim is a former financial advisor who became frustrated with the one-path-fits-all approach of the standard financial services industry. He now concentrates on investing in real assets that produce cash flow and is committed to sharing his knowledge with others who are interested in learning a different way to grow wealth. Jim not only advises and helps people get started in passive real estate syndications, he also invests alongside them in small groups to allow for diversification among multiple investments and syndication sponsors. Jim believes the most important factor in a successful syndication is finding a sponsor that he knows, likes and trusts.

 

 

 

Key Takeaways:

 

• Vet your sponsors properly. Including an evaluation of their communications. How responsive are they?
• Hire quality asset managers that understand the asset they’re managing.
• Research a sponsor’s, track record and their experience.

 

 

 

Reach out to Jim via email or connect with him on LinkedIn.

 

 

 

Thanks for listening to The Real Estate (Un)Success Stories podcast.  Help someone hear the challenges we went through so they can avoid the same mistake by sharing this episode or listen to our previous episodes. Please don’t forget to leave a review and 5-star rating on your favorite podcasting platform.

 

 

 

Vendue Capital is on the Web and, you can connect with our host, Cody Lewis on LinkedIn.

 

 

 

Production services for The Real Estate (Un)Success Stories podcast are provided by Downtown Podcasting. To start a conversation on how you can have a podcast, simply send an email to info@downtownpodcasting.com.