The Real Estate Syndication Show WS1592: Long-Term Passive Investing Strategies (Part 1) | Charles Carillo
By investing for the long term, investors can ride out short-term market fluctuations and take advantage of the compounding effect of returns over time. This makes passive investing an ideal choice for many. But how can it be sustainable in the long-run?
In this first of a two-part series, Charles Carillo of Harborside Partners talks to Life Bridge Capital’s Sam Rust and explains what strategies he believes will make passive investing a huge opportunity for both new and veteran investors.
Key Points From This Episode:
- What got him started in passive investing?
- What is his advice to new investors when it comes to selecting areas to invest in?
- What motivated him to self-manage his portfolio before?
- What areas should investors look out for?
- Why should investors stick to their business plan?
- What was his business plan during the recession?
- How does he communicate with his clients?
- What are the ways that he nurtures his clients?
Tweetables:
“It's very important to buy in areas that are growing, no matter where you are.”
“It's really important for investors to know when they're investing, especially in the multifamily industry. Invest in areas where there's population growth, job growth, and where there's money being reinvested into the community.”
“If you have a business plan, stick to it when you're putting money in and when you're taking money out.”
“Let people know that that's how it's going and what you're doing to get it to. The final equity multiple is the whole goal.”
“The whole project is getting out there and getting distributions on the way.”
“Other people want to get more involved, and they want answers faster, and they want to get their questions in front and center. So make sure that you can answer it.”
Link Mentioned in Today’s Episode:
About Charles Carillo
Charles Carillo is a managing partner at real estate syndication firm Harborside Partners. He has been actively involved in the company since 2006, overseeing all acquisitions, investor relations and strategic partnerships.
He obtained a management and entrepr
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