Investing in Over 4,000 Units While Working a Full-Time Job with Randy Langenderfer, Ep. 389

Randy is the president of Invest Ark Properties LLC, focusing on creating investor value and passive income returns for the busy professional. He has been in multifamily real estate since 2014 as both a general partner in 700 doors and a limited partner in 4,000 doors.

We spoke to Randy about being a full-time professional and still being able to actively invest in real estate, the importance of networking and coaching, and the property types you should watch out for.

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[00:01 – 03:59] Opening Segment 

• Randy talks about his background.
• How he got into real estate.
• He talks about what he focuses on today.

[03:59 – 10:35] Real Estate for The Busy Professional

• How he manages to hold a full time job while investing.
• The importance of understanding the financing of deals.
• How he created learning opportunities for himself while he was investing passively.
• Randy talks about some of the challenges he faced early on as a limited partner.
• How syndicating a deal when starting out can help.
• Starting as a limited vs general partner

[10:35 – 31:53] Partnerships and Coaches

• The importance of having partners with different roles.
• Advice to those who are looking to partner up with someone.
• Randy explains why he moved between different groups.
• Why you should hire a coach.
• Randy talks about his experiences with some of the best and worst deals.
• Why you should be careful with some specific types of properties. 

[31:53 – 38:10] Round of Insights

Apparent Failure:

When he started as a GP

Digital Resource:

Slack

Most Recommended Book:

What Every Real Estate Investor Needs to Know about Cash Flow… And 36 Other Key Financial Measures

Daily Habit:

Writing his goals daily on paper.

#1 Insight for Investing

Slow and steady wins the race

Best Place to Grab a Bite in Houston: 

The Athletic Club

Contact Randy:

To learn more go to Randy’s website. To book a meeting with Randy click here. 

Tweetable Quotes:

“I take a lot of my money and use it as an LP just because I like the returns and safety much better than the stock market.”  – Randy Langenderfer

“I like to be around people who are bigger and better than I am.”  – Randy Langenderfer

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