{"id":10939,"date":"2024-02-12T09:42:42","date_gmt":"2024-02-12T17:42:42","guid":{"rendered":"https:\/\/bonavestcapital.com\/podcast\/?p=10939"},"modified":"2024-02-12T09:42:42","modified_gmt":"2024-02-12T17:42:42","slug":"sa887-success-guide-for-limited-and-general-partners-with-randy-langenderfer","status":"publish","type":"post","link":"https:\/\/bonavestcapital.com\/podcast\/sa887-success-guide-for-limited-and-general-partners-with-randy-langenderfer\/","title":{"rendered":"SA887 | Success Guide for Limited and General Partners with Randy Langenderfer"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"10939\" class=\"elementor elementor-10939\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-292ccb3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"292ccb3\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;shape_divider_bottom&quot;:&quot;waves&quot;,&quot;shape_divider_bottom_negative&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" aria-hidden=\"true\" data-negative=\"true\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M790.5,93.1c-59.3-5.3-116.8-18-192.6-50c-29.6-12.7-76.9-31-100.5-35.9c-23.6-4.9-52.6-7.8-75.5-5.3\n\tc-10.2,1.1-22.6,1.4-50.1,7.4c-27.2,6.3-58.2,16.6-79.4,24.7c-41.3,15.9-94.9,21.9-134,22.6C72,58.2,0,25.8,0,25.8V100h1000V65.3\n\tc0,0-51.5,19.4-106.2,25.7C839.5,97,814.1,95.2,790.5,93.1z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-307f24d1\" data-id=\"307f24d1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0a212e3 elementor-widget elementor-widget-heading\" data-id=\"0a212e3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">SA887 | Success Guide for Limited and General Partners with Randy Langenderfer<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ffe13ee elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ffe13ee\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7eaef7d\" data-id=\"7eaef7d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a472c76 elementor-widget elementor-widget-html\" data-id=\"a472c76\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"buzzsprout-player-14485587\"><\/div><script src=\"https:\/\/www.buzzsprout.com\/1368325\/14485587-sa887-success-guide-for-limited-and-general-partners-with-randy-langenderfer.js?container_id=buzzsprout-player-14485587&player=small\" type=\"text\/javascript\" charset=\"utf-8\"><\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-885b712 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"885b712\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f935bc0\" data-id=\"f935bc0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-900619c elementor-widget elementor-widget-html\" data-id=\"900619c\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\r\n\t<div id=\"podcast-subscribe-button-1033\" class=\"secondline-psb-radius-style secondline-psb-alignment-none\">\r\n\t\t\r\n\r\n<div class=\"secondline-psb-subscribe-icons\"><span class=\"secondline-psb-subscribe-iTunes\"><a title=\"iTunes\" onMouseOver=\"this.style.color=`#000000`; 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this.style.backgroundColor=`#ffffff`\" onMouseOut=\"this.style.color=`#1e73be`; this.style.backgroundColor=`#ffffff`\" style=\"color:`#1e73be`; background-color:`#ffffff\" class=\"button podcast-subscribe-button\" href=\"https:\/\/podcasts.google.com\/feed\/aHR0cHM6Ly9mZWVkcy5idXp6c3Byb3V0LmNvbS8xMzY4MzI1LnJzcw==\" target=\"_blank\"><img decoding=\"async\" class=\"secondline-psb-subscribe-img\" src=\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/plugins\/podcast-subscribe-buttons\/assets\/img\/icons\/Google-Podcasts.png\" alt=\"Google Podcasts\"  \/><\/a><\/span><\/div>                                       \r\n\t\t\r\n\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b450702 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b450702\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-b6cec80\" data-id=\"b6cec80\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-aef4eb9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"aef4eb9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-c8cc6a4\" data-id=\"c8cc6a4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-7dd376f elementor-widget elementor-widget-image\" data-id=\"7dd376f\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"768\" src=\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/02\/SA887-Randy-Langenderfer-Promo-Image-768x768.png\" class=\"attachment-medium_large size-medium_large wp-image-10940\" alt=\"\" srcset=\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/02\/SA887-Randy-Langenderfer-Promo-Image-768x768.png 768w, https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/02\/SA887-Randy-Langenderfer-Promo-Image-300x300.png 300w, https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/02\/SA887-Randy-Langenderfer-Promo-Image-1024x1024.png 1024w, https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/02\/SA887-Randy-Langenderfer-Promo-Image-150x150.png 150w, https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/02\/SA887-Randy-Langenderfer-Promo-Image.png 1080w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-022db59\" data-id=\"022db59\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ae2d8fa elementor-widget elementor-widget-heading\" data-id=\"ae2d8fa\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Randy Langenderfer<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f00186b elementor-widget elementor-widget-text-editor\" data-id=\"f00186b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>We\u2019re 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.<\/p><p>Today, Randy shares his criteria for choosing a good deal as a limited partner, the steps he\u2019s taking to mitigate the risks of being a general partner, and the asset classes he\u2019s focusing on as his passive income sources.\u00a0<\/p><p><b>Key Points &amp; Relevant Topics<\/b><\/p><ul><li>Randy\u2019s criteria and preferences in selecting the right markets and deals\u00a0<\/li><li>Things to look at when evaluating a deal sponsor<\/li><li>Differences between a good and a poor deal sponsor<\/li><li>Investors\u2019 concerns about investing in multifamily and how GPs can make investors feel comfortable in today\u2019s market<\/li><li>What operators need to focus on when screening tenants and operating properties<\/li><li>The importance of tracking cash balance and reserves for operators<\/li><li>Other asset classes and passive income streams people can consider and what makes them a good investment for diversification<\/li><li>Randy\u2019s valuable advice for future investors<\/li><\/ul><p><b>Resources &amp; Links<\/b><\/p><ul><li>Randy\u2019s first appearance:\u00a0<a href=\"https:\/\/bonavestcapital.com\/podcast\/sa159\/\" target=\"_blank\" rel=\"noopener\">SA159 | Do\u2019s and Don\u2019ts of Passive Investing<\/a><\/li><li><a href=\"https:\/\/bonavestcapital.com\/checklist\/\" target=\"_blank\" rel=\"noopener\">Apartment Syndication Due Diligence Checklist for Passive Investor<\/a><\/li><\/ul><p><b>About Randy Langenderfer\u00a0<\/b><\/p><p>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. \u00a0<\/p><p>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\u2019s degree in accounting, Information Systems, an MBA in Finance, and is a CPA.\u00a0<\/p><p><span style=\"font-size: 16px;\">\u2014<\/span><\/p><div data-id=\"f00186b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\"><div><div><div data-controller=\"convert-links-to-open-in-new-tab\" data-target=\"tabs.panel\" data-tabs-panel=\"description\"><div data-id=\"f00186b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\"><div><div><div data-controller=\"convert-links-to-open-in-new-tab\" data-target=\"tabs.panel\" data-tabs-panel=\"description\"><p><b>To Connect With Us<br \/><\/b>Please visit our website:\u00a0<a href=\"https:\/\/bonavestcapital.com\/podcast\/\">www.bonavestcapital.com<\/a>\u00a0and please click\u00a0<a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/how-did-they-do-it-real-estate\/id1532853594\">here<\/a>, to leave a rating and review!<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c263d61 elementor-widget elementor-widget-heading\" data-id=\"c263d61\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Connect with Randy:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4024983 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4024983\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-384b0e8\" data-id=\"384b0e8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-79bf548 elementor-widget elementor-widget-text-editor\" data-id=\"79bf548\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Website:\u00a0<a href=\"https:\/\/www.invest-ark.com\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.invest-ark.com\/<\/a>\u00a0<\/li><li>Calendly:\u00a0<a href=\"https:\/\/calendly.com\/randy-langenderfer\" target=\"_blank\" rel=\"noopener\">https:\/\/calendly.com\/randy-langenderfer<\/a>\u00a0<\/li><li>Facebook:\u00a0<a href=\"https:\/\/www.facebook.com\/randy.langenderfer\" target=\"_blank\" rel=\"noopener\">Randy Langenderfer\u00a0<\/a><\/li><li>LinkedIn:\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/randy-langenderfer\/\" target=\"_blank\" rel=\"noopener\">Randy Langenderfer\u00a0<\/a><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-780c7b8 elementor-widget elementor-widget-heading\" data-id=\"780c7b8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Share this episode:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-34855cd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"34855cd\" data-element_type=\"section\" data-settings=\"{&quot;shape_divider_bottom&quot;:&quot;tilt&quot;}\">\n\t\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" aria-hidden=\"true\" 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xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M0,6V0h1000v100L0,6z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" aria-hidden=\"true\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M0,6V0h1000v100L0,6z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3d19a37\" data-id=\"3d19a37\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e282568 elementor-widget elementor-widget-spacer\" data-id=\"e282568\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2a241e0 elementor-widget elementor-widget-heading\" data-id=\"2a241e0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Related Episodes<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7dc5cd7 elementor-widget elementor-widget-spacer\" data-id=\"7dc5cd7\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>SA887 | Success Guide for Limited and General Partners with Randy Langenderfer Randy Langenderfer We\u2019re 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 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":10941,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"full-width-container","site-content-style":"unboxed","site-sidebar-style":"unboxed","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[8],"tags":[165,128,101,257,250,256,255,954,117,56,376,57,464,112],"class_list":["post-10939","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-podcast","tag-general-partner","tag-limited-partner","tag-multifamily","tag-multifamily-homes","tag-multifamily-housing","tag-multifamily-industry","tag-multifamily-investing","tag-multifamily-syndication","tag-networking","tag-real-estate","tag-real-estate-experts","tag-real-estate-investing","tag-real-estate-investment","tag-sponsor"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SA887 | Success Guide for Limited and General Partners with Randy Langenderfer - Bonavest Capital<\/title>\n<meta name=\"description\" content=\"We\u2019re 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\u2019s taking to mitigate the risks of being a general partner, and the asset classes he\u2019s focusing on as his passive income sources. Key Points &amp; Relevant Topics Randy\u2019s 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\u2019 concerns about investing in multifamily and how GPs can make investors feel comfortable in today\u2019s 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\u2019s valuable advice for future investors Resources &amp; Links Randy\u2019s first appearance: SA159 | Do\u2019s and Don\u2019ts 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 time tested 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\u2019s degree in accounting, Information Systems, an MBA in Finance, and is a CPA. \u2014To Connect With Us Please visit our website: www.bonavestcapital.com and please click here, to leave a rating and review! Connect with Randy: Website: https:\/\/www.invest-ark.com\/ Calendly: https:\/\/calendly.com\/randy-langenderfer Facebook: Randy Langenderfer LinkedIn: Randy Langenderfer\" \/>\n<meta name=\"robots\" content=\"index, nofollow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bonavestcapital.com\/podcast\/sa887-success-guide-for-limited-and-general-partners-with-randy-langenderfer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SA887 | Success Guide for Limited and General Partners with Randy Langenderfer - Bonavest Capital\" \/>\n<meta property=\"og:description\" content=\"We\u2019re 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\u2019s taking to mitigate the risks of being a general partner, and the asset classes he\u2019s focusing on as his passive income sources. Key Points &amp; Relevant Topics Randy\u2019s 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\u2019 concerns about investing in multifamily and how GPs can make investors feel comfortable in today\u2019s 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\u2019s valuable advice for future investors Resources &amp; Links Randy\u2019s first appearance: SA159 | Do\u2019s and Don\u2019ts 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 time tested 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\u2019s degree in accounting, Information Systems, an MBA in Finance, and is a CPA. \u2014To Connect With Us Please visit our website: www.bonavestcapital.com and please click here, to leave a rating and review! Connect with Randy: Website: https:\/\/www.invest-ark.com\/ Calendly: https:\/\/calendly.com\/randy-langenderfer Facebook: Randy Langenderfer LinkedIn: Randy Langenderfer\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bonavestcapital.com\/podcast\/sa887-success-guide-for-limited-and-general-partners-with-randy-langenderfer\/\" \/>\n<meta property=\"og:site_name\" content=\"Bonavest Capital\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Bonavest-Capital-101715108369538\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-12T17:42:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/02\/SA887-Randy-Langenderfer-Rect-Promo-Image.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Team Bonavest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Team Bonavest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa887-success-guide-for-limited-and-general-partners-with-randy-langenderfer\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa887-success-guide-for-limited-and-general-partners-with-randy-langenderfer\/\"},\"author\":{\"name\":\"Team Bonavest\",\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/#\/schema\/person\/aa56bd3b0ab2713d39d56bfa8e9ee83e\"},\"headline\":\"SA887 | Success Guide for Limited and General Partners with Randy Langenderfer\",\"datePublished\":\"2024-02-12T17:42:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa887-success-guide-for-limited-and-general-partners-with-randy-langenderfer\/\"},\"wordCount\":413,\"publisher\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/#organization\"},\"image\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa887-success-guide-for-limited-and-general-partners-with-randy-langenderfer\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/02\/SA887-Randy-Langenderfer-Rect-Promo-Image.png\",\"keywords\":[\"General Partner\",\"Limited Partner\",\"multifamily\",\"multifamily homes\",\"multifamily housing\",\"multifamily industry\",\"multifamily investing\",\"multifamily syndication\",\"Networking\",\"real estate\",\"real estate experts\",\"Real Estate Investing\",\"real estate investment\",\"sponsor\"],\"articleSection\":[\"Podcast\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa887-success-guide-for-limited-and-general-partners-with-randy-langenderfer\/\",\"url\":\"https:\/\/bonavestcapital.com\/podcast\/sa887-success-guide-for-limited-and-general-partners-with-randy-langenderfer\/\",\"name\":\"SA887 | Success Guide for Limited and General Partners with Randy Langenderfer - Bonavest Capital\",\"isPartOf\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa887-success-guide-for-limited-and-general-partners-with-randy-langenderfer\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa887-success-guide-for-limited-and-general-partners-with-randy-langenderfer\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/02\/SA887-Randy-Langenderfer-Rect-Promo-Image.png\",\"datePublished\":\"2024-02-12T17:42:42+00:00\",\"description\":\"We\u2019re 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. 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