Why Invest in Just One Asset Class? – Dan Handford

Dan and his wife, Dennae, along with their 4 children (3 girls and a boy) and standard poodle, reside and work in Columbia, SC. Dan Handford is one of the managing partners with PassiveInvesting.com which is a national passive apartment investing firm based in the Carolinas. He has led his apartment syndication company to acquire 3,583+ units with a portfolio valued over $561mil. He is also a passive apartment investor himself in 10,400+ units in 44 different syndication investments located across the USA.

Prior to getting started investing in real estate, Dan had an extensive background in starting multiple seven-figure and eight-figure businesses from scratch including a large group of non-surgical orthopedic medical clinics located in South Carolina.

Dan is also the founder of the Multifamily Investor Nation (#MFIN) where he provides free multifamily education to a nationwide group of over 40,000 members. The #MFIN has 50+ meetup groups across the US, Canada, and UK that meets on the first Monday of every month.

He also hosts one of the most popular apartment investing podcasts on iTunes called “Multifamily Investor Nation” where he only interviews active multifamily investors that have closed a deal in the last 12 months. There is no fluff on this multifamily podcast and only getting down to the nuts and bolts of deal sources, financing, structuring, investor relations, closing, due diligence, etc.

In this episode Dan talks about raising funds; open end, closed end, private debt, etc. He explains how funds allow investors to purchase multiple assets. Dan covers the pros and cons, why they like to offer funds to investors, how funds give them an advantage in the market, the costs associated with funds, and how to structure your own fund.

Connect with Dan:

Websites: www.passiveinvesting.com & www.multifamilyinvestornation.com

LinkedIn: Dan Handford

Partner with us: www.pac3capital.com

Follow the show on Instagram: @themultifamilytakeoff