In this expert level conversation, Jonathan and BD Dweik go deep on the advantages of investing in commercial real estate through a fund of funds model. BD's fund invests in multifamily, self storage, industrial, and retail with experienced operators with a team in place. They look for value add, distressed, and opportunistic deals.
BD is a successful real estate investor with over 25 years, partner at DA Commercial Investors and BoD President for Miraval (267 units). Commercial RE Investment Certificate in 2019 focusing on value-add investment through syndications in multifamily, retail, and storage with ventures exceeding $400M Assets Under Advisement. He is a father of two that enjoys cooking, driving exotic cars along beautiful coastline for California where he resides. He hold Bachelor of Science in Electrical & Computer Engineering & MBA with Magna Cum Laude. When BD is not working, he likes to donate his time to teaching youth, hoping to create a a new generation with financial savvy.
Connect with BD:
https://bfi-fund.com/
Takeaways
- Consider the value of passive investing in commercial real estate to achieve financial goals and create a better work-life balance.
- When evaluating deals, prioritize the team, market, and deal itself. Focus on operators with a proven track record and expertise in specific asset classes and markets.
- Build relationships with like-minded investors and provide education on financial literacy to attract and onboard investors.
- Involve children in discussions about money and investing to promote financial literacy from a young age.
- Consider the fund-to-funds model as a way to scale investments and negotiate better terms with operators.
Chapters
00:00
Introduction
01:21
Background and Real Estate Journey
03:06
Transitioning to Full-Time Real Estate
06:36
Choosing the Path of Passive Investing
10:46
Investment Criteria and Portfolio
20:03
Investing in the Current Market
26:06
Managing Investor Expectations
31:20
Attracting Capital and Working with High Net Worth Investors
36:12
Building Relationships and Onboarding Investors
40:24
Working with Operators and Investment Criteria
44:44
Passion for Youth Education
47:26
Final Thoughts and Contact Information
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Email Jonathan with comments or suggestions:
podcast@thesourcecre.com
Or visit the webpage:
www.thesourcecre.com
*Some or all of the show notes may have been generated using AI tools.
