Mon, 29 July 2019
If you make good money, and you want to make it work for you, passive investing in multifamily syndications may be a perfect fit. But what are the benefits of apartment investing compared to the stock market? How do you choose an operator you can trust? What happens if there’s an economic downturn? Can you really achieve financial freedom with passive investing?
Ryan McKenna is the founder of McKenna Capital, a private equity firm that helps investors build long-term wealth through value-add multifamily, self-storage and manufactured home park investments. Ryan has invested in 30-plus real estate and business syndications worth more than $600M, and his current portfolio includes 7,800 units in markets across the country. Ryan’s role at McKenna Capital involves overseeing acquisitions, capital raising efforts, investor relations and asset management.
Today, Ryan joins me to explain why he chose the path of passive investing and discuss what drew him to multifamily over other investment options. He shares the generous tax benefits of multifamily syndications, offering a high-level overview of how to leverage the cost segregation analysis to accelerate depreciation. Listen in for Ryan’s insight on how to vet an operator and learn how to put your money in motion and achieve financial freedom as a passive investor!
How Ryan got started in real estate
Why Ryan chose passive over active investing
Why Ryan chose multifamily over other investment options
The beauty of the multifamily cash out refinance
A high-level overview of the cost segregation study
Ryan’s advice for aspiring passive investors
How Ryan vets a multifamily operator
Ryan’s insight on waiting until after a downturn
Ryan’s timeline to financial freedom for passive investors
How Ryan’s life has changed now that he’s financially free
Ryan’s transition from passive to active investing
Connect with Ryan