Self-motivated entrepreneur, teacher at heart, and expert investor, Dr. Sam Giordano shares his story of discovering real estate after his personal finances were impacted with the passing of the Tax Cuts and Jobs Act of 2017.
He knew that he needed to use passive income to his advantage to support his family and dove deep into research for the first year by listening to podcasts, reading books such as “Hands Off Investor” by Brian Burke, and networking with real estate investors.
It became apparent that he could spend hours or days sorting through deal metrics, further hampering him from the time freedom he craved. He decided to create a tool that would quickly evaluate the metrics and sort the best real estate syndication investments to the top of the list. That's when Passive Advantage and the LP Syndication Tool was born, providing a streamlined way to demystify the deal vetting process.
In this episode, listen for:
- Dr. Sam Giordano defines preferred return
- Details about the first syndication he invested in and how he got started
- How he looks at the deal metrics in the investment summary prior to investing
[09:28] Describes the criteria he uses to evaluate syndications
[11:06] Dr. Sam Giordano explains how he looks for deals based on three main factors
[18:01] The IRR and Equity Multiple figures he wants in his investment portfolio
Passive Advantage Facebook Page: https://www.facebook.com/PassiveAdvantage-108182591563950
Book he recommends - Hands Off Investor by Brian Burke: https://www.barnesandnoble.com/w/the-hands-off-investor-brian-burke/1133657225?ean=9781947200272
More from DIG Capital:
Find and Listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To Invest alongside other physicians: https://www.digcapital.com/join