We’re excited to have Randy Langenderfer back on the show for the changes in his investment thesis, his continuous success and growth amidst the dynamic market cycle, and some of his strategies to keep diversifying his portfolio.

Today, Randy shares his criteria for choosing a good deal as a limited partner, the steps he’s taking to mitigate the risks of being a general partner, and the asset classes he’s focusing on as his passive income sources. 

Key Points & Relevant Topics

• Randy’s criteria and preferences in selecting the right markets and deals 
• Things to look at when evaluating a deal sponsor
• Differences between a good and a poor deal sponsor
• Investors’ concerns about investing in multifamily and how GPs can make investors feel comfortable in today’s market
• What operators need to focus on when screening tenants and operating properties
• The importance of tracking cash balance and reserves for operators
• Other asset classes and passive income streams people can consider and what makes them a good investment for diversification
• Randy’s valuable advice for future investors

Resources & Links

• Randy’s first appearance: SA159 | Do’s and Don’ts of Passive Investing
• Apartment Syndication Due Diligence Checklist for Passive Investor

About Randy Langenderfer 

Randy is Founder and President of InvestArk Properties and general partner in 1,500 doors representing $250M in assets under management. He has invested in a total of over 3,000 units in TX, OK, AZ, SC and LA. His investment strategy focuses on providing the passive investor significant returns by improving communities using a safe and timetested approach. He is passionate about helping the busy professional achieve their goals in real estate and has been a part of several national educational programs and is currently a private multi-family coach.  

He is a board member and previously served as the Chief Compliance and Audit Officer for a large academic medical institution in Houston, TX. He has a bachelor’s degree in accounting, Information Systems, an MBA in Finance, and is a CPA. 

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