Actual Property Alternatives & Dangers With Ben Miller, Fundrise CEO

On this podcast episode, I converse with Ben Miller, Co-Founder and CEO of Fundrise. We talk about the varied alternatives and dangers he sees for actual property and inventory buyers over the following 12-24 months.

For the a number of years that I’ve recognized Ben, he has all the time demonstrated a extra measured outlook than different CEOs and buyers I’ve spoken with. Like me, he is in his mid-40s and went by way of the 2000 Dotcom bust whereas working in tech. Then he skilled the actual property downturn beginning in 2008 whereas working in actual property.

As a steward of capital, I’d somewhat have somebody who’s extra cautious than somebody who shouldn’t be. We’re extra taken with hitting singles and doubles on our technique to monetary independence somewhat than house runs. Avoiding main blowups is likely one of the keys to being a profitable long-term investor.

I additionally like Fundrise as a result of we each consider in investing within the Sunbelt area. In 2016, I wrote the submit, Focus On Traits: Why I am Investing In The Heartland Of America. My thesis was that Individuals would “unfold out” to lower-cost areas of the nation because of know-how. In the present day, Fundrise predominantly invests in residential and industrial actual property within the Sunbelt area.

Fundrise was based in 2012. It’s a vertically built-in personal actual property platform that manages over $3.3 billion in fairness for over 400,000 buyers.

Since 2016, I’ve invested $810,000 in varied personal actual property funds and particular person offers. My principal objective is to diversify away from costly coastal metropolis actual property and earn extra passive earnings.

Table of Contents

Hear To The Podcast Episode With Ben Miller, CEO Of Fundrise

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I hope you get pleasure from this deep-dive episode with Ben Miller. Fundrise is a proud accomplice and sponsor of Monetary Samurai. You’ll be able to join Fundrise right here and make investments with as little as $10.

Dialogue Factors:

The historical past of the founding of Fundrise
Financial savings and Mortgage disaster and its affect
The professionals and cons of being conservative
Psychological mannequin for figuring out and investing in mega traits
Prediction of a recession in 2H 2024, “It’s not that you simply’re not energetic (in a recession), it’s what that exercise is.”
Why the Fed can’t do its job higher
Why there is a window of alternative to lend for building loans and refinances
Capital constraint, not alternative constraint for lending offers
Why the Income Fund appears to be like probably the most enticing presently
Why investing in the proper sponsor is all the pieces
Why it is extra enticing to spend money on worth versus threat at present

Associated posts:

Personal Actual Property Crowdfunding Studying Middle

Personal Actual Property Investing: Seven Takeaways After Seven Years

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