In this episode, Wayne Courreges III discusses the roles of limited and general partners in real estate syndication, emphasizing the importance of asset management and the necessity of a strong team to ensure successful investments. He highlights how passive investors can protect their capital by understanding the dynamics of the team involved in their investments.   Takeaways

• Limited partners are passive investors who contribute capital.
• General partners manage the deal and execute the business plan.
• Asset management is crucial for monitoring property performance.
• Understanding who runs asset management is vital for investors.
• A strong team can significantly impact investment success.
• Limited partners play an essential role in closing deals.
• Evaluating passive investments requires understanding the team dynamics.
• Education is key to making informed investment decisions.
• A great team can turn a challenging deal into a success.
• Protecting your capital involves understanding the investment structure.

Chapters

• (00:00:00) - Building Passive Income
• (00:01:00) - Non-Passive Income