Oct 30 2020 42 mins 2
Forget out about the deal for a second, how is your underwriting? How’s the quality of your sponsor? We’ll talk about this today with our guest Omar Khan, a CFA and Real Estate investor and syndicator with Boardwalk Wealth. Omar has 10 years of investing across real estate and commodities, with vast experience in advising high other net-worth advisors and entrepreneurs on real estate portfolio allocations. He’s helped many implementing global data-driven decision-making practices by focusing on relationship development, mentorship and talent management. Let’s jump right into the episode and learn how the process and filters you use to do underwriting and partnership is vital to the overall deal. [00:01 - 07:08 ] Opening Segment Let’s get to know Omar Khan Omar gives us some background [07:09 - 15:17 ] Using Golden Standard Financial Advising Experience Omar breaks down what a CFA charterholder is and how he got the title How Omar uses his experience today How Omar does deals today and advice on playing the game [15:18 - 23:39 ] Finding Deals that Fit Your Investment Criteria; Passing Filters Omar walks us through his deal process and strategy on the GP and Passive side Pass through underwriting filters then visualize The importance of sharing filters with the brokers [23:40 - 33:23 ] Forget About the Deal for a Second Looking at the quality of the sponsor The importance of partnering with a team Vetting and education of the partners [33:24 - 42:20 ] Closing Segment Omar talks about sourcing the right mentorship and education How to get more of Omar - links below How Omar gives back Final words from Omar and Me Tweetable Quotes: “Before you decide to look into numbers… you gotta decide what do I want to do? What kind of resident do I want to have? And where does that particular type of resident or a particular type of property exist?” - Omar Khan “You have to be comfortable with, ‘letting go of deals that are not fitting your investment criteria.’” - Omar Khan ------------------------------------------------------------------------------------------ Connect with Omar on LinkedIn or email [email protected]. Visit https://www.boardwalkwealth.com to learn more. Guest Email: [email protected] Connect with me: https://www.5tcre.com/ Facebook LinkedIn Instagram Watch 5T CRE on YouTube Leave us a review and receive your free ebook Email us --> [email protected] Support the show (https://www.buymeacoffee.com/5Talents)
