One of the biggest mistakes new investors make is the lack of understanding when it comes to control. This mistake has cost me in the past so in today’s podcast, control is the topic — how to gain it, lose it, and the considerations I look for when I’m a limited partner looking to invest in someone else’s deal.
The biggest challenge for new investors (3:00)
What control means to me (8:00)
The 3 questions to ask to determine who has control (8:43)
The number of GP’s I prefer (13:45)
Risk and Control, and how to reduce risk as a passive investor (20:00
Questions to ask to reduce risk (20:45)
My interview with Tim Murphy: https://www.youtube.com/watch?v=perLChLcMMw&t=28s