FIND AN OPERATOR YOU CAN TRUST, SO YOU CAN GET TO YOUR DESTINATION
A Conversation with Stony Stonebraker
We always enjoy the value Stony Stonebraker brings to us personally and professionally. Stony and Harland discuss investing in multi-family real estate as part of your diversified portfolio. Here are some of the points Stony makes…
- First career with Florida Power and Light
- Has completed a half dozen or more deals
- Miami, Coral Gables, Florida
- Son just married
- French Bulldog
- Ways that haven’t been available to regular people
- Syndication model allows professionals in real estate to put together a team
- Analogy of a plane, pilot and crew up front and passengers get to their destination
- Actually own a property, can see it, but don’t have to do the managing work
- Passive income, often double digit returns over live of the investment
- Advantages of real estate, such as depreciation
- The key is the operator, trust the person running the show
- Get referrals and do a background check on the operators
- Check out their track record, experience
- Get to know your sponsors, general partners
- Become financially literate, better investors, balanced approach
- Encourage to include real estate in investment portfolio
- Create a legacy for your family
- www.passivorei.com
Harland leads our Investor Relations. He is a “repurposed” Pastor and Army Chaplain. He is an author, speaker, mastermind facilitator, and coach. Harland lives with his wife, Barbara, in DeLand, Florida.