Episode Details
Back to Episodes
Starting a Family Office | Office Hours
Episode 351
Published 1 month, 3 weeks ago
Description
Key Takeaways:
Practicing daily underwriting significantly improves deal analysis skills, and many viable deals can be found in common online marketplaces.
Tyler advised against purchasing a specific industrial condo deal due to unfavorable returns and risks, stressing the importance of careful deal evaluation.
For small family offices, use a holding company or trust with separate LLCs for each asset to maximize asset protection and management.
Work with a specialized real estate CPA for optimized tax planning and execute 1031 exchanges by preparing ahead of asset sales.
Allocate portfolios with a mix of stabilized assets, value-add properties, and selective higher-risk investments according to the family’s desired involvement and goals.