06:02] Opening SegmentLet’s get to know Randy Langenderfer Hi path to real estate [06:03 - 11:53] Can You Balance a Day Job and Your Investing?Randy breaks down what “full cycle” and “2.2x equity multiplier“ meanHow to use a self-directed IRA according to Randy Balancing a day job and real estate investing[11:54 - 17:24] Why Invest in Real Estate Why invest in multifamily over single family We talk about nonrecourse loans Randy’s message for his younger self that you should also hear [17:25 - 27:41] The Downside of Multifamily The tax benefits of investing in real estateThe only flaw of multifamily investingThe tried and tested method of real estate you should know[27:42 - 38:01] Real Estate Education The preferred legal entity to buy multifamily What’s the role of the key principal? Educate yourself with these tips from Randy [38:02 - 46:36] Closing SegmentNotes you should write down as a passive investor Avoid the “Shiny Object” Syndrome Connect with RandyLinks belowFinal words from Randy and me Tweetable Quotes: “You don’t have to jump right in and become a 50-hour-a-week general partnership analyzing deals or whatever. You can go at your own pace.” - Randy Langenderfer “I would encourage your listening audience that the sponsorships...is the most important thing to consider.” - Randy Langenderfer Resources mentioned:Brad SumrokRod KhleifAdam AdamsHunter ThompsonKingdom REI------------------------------------------------------------------------------------------Connect with Randy on LinkedIn and Facebook. Visit InvestArk Properties and grow your passive income stream! Guest email: [email protected] Connect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> [email protected] the Show.