The Best Ever CRE Show JF 3899: Building a Resilient Portfolio, Avoiding Luxury Assets, and Navigating Insurance Hikes ft. Christian Busch
May 8, 2025
Christian Busch, Managing Partner at Glass Cube Investments and former tech professional, shares his insights on building a resilient real estate portfolio focused on Miami. He discusses the strategic importance of avoiding luxury assets and highlights the risks associated with single-tenant investments. Busch emphasizes targeted portfolio construction and the significance of long-term partnerships. He also examines migration trends from New York to Florida and raises concerns over rising insurance costs impacting investors in the region.
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Christian's Crowdfunding Start
- Christian Busch started investing in real estate accidentally through crowdfunding platforms like Fundrise around 2012.
- His early investments did well mostly by luck, giving him a good foundation in passive investing.
Go Direct for Bigger Investments
- Invest larger sums by going directly to sponsors to cut noise and fees from crowdfunding platforms.
- Platforms serve as a good deal discovery tool, but better terms and alignment happen when dealing directly with sponsors.
Real Estate Debt Funds Benefits
- Consider real estate debt funds for higher returns around 11%-13% without needing deep underwriting skills.
- Debt funds diversify your exposure across many loans, reducing risk of losing capital on any single one.