This is an LFI episode and LFI is now part of PassivePockets.
Join us on the Passive Investing from Left Field podcast as we dive deep into the world of real estate investing with our special guest, Mike Zlotnik, also known as Big Mike. In this episode, we explore the current distressed real estate market, strategies for passive investors, and how to navigate the challenges of today’s high-interest environment. Don’t miss Big Mike’s valuable insights and advice for making smart investment decisions in 2024!
About Mike Zlotnik
Mike, the current CEO of TF Management Group LLC, has been a real estate fund manager since 2009. A retired software executive, he began investing in real estate in 2000 and now manages various real estate funds, including multiple growth and income-focused funds. Known as “Big Mike” in real estate circles due to his stature, he is more renowned for his personal integrity and keen understanding of the financial aspects of successful real estate investing. A former political refugee from the USSR, Mike is now an American citizen and a patriot, residing in Brooklyn, NY, with his wife and four children. He holds a Bachelor’s degree in Mathematics from Binghamton University and is an active member of several real estate and investor mastermind groups such as Collective Genius, Freedom Founders, Venture Alliance, and CA Investors (Private). Mike is also the author of “How to Choose a Smart Real Estate Investment Fund,” available on Amazon, and hosts the “Big Mike Fund” podcast, accessible at BigMikeFund.com or on iTunes.
Key Points From The Episode:
• Market Conditions and Opportunities: Discussion on the current state of the real estate market, focusing on distressed assets and the opportunities they present for investors.
• Investment Strategies: Insights into rescue and recovery capital, bridge debt, and the importance of careful underwriting in today’s market.
• Investment Cycles: Explanation of the four phases of real estate investment cycles—recovery, expansion, hyper-supply, and recession—and their implications for different asset classes.
• Practical Advice for Investors: Tips on avoiding shiny objects, conducting due diligence, and understanding the importance of fixed vs. variable debt structures.
Timestamps:
02:05 His background
05:59 What he uses from the past to invest today
10:10 When to invest?
16:47 His investment cycle process
23:04 Conversion asset class
26:38 Advice to LP investors
34:54 Podcast Recommendation
36:00 Contact Mike
Podcast Recommendations:
Freedom Founders David Phelps
Resources Mentioned:
Contact the guest:
Social Media
Join his fund
LinkedIn /mzlotnik
YouTube @tfmanagementgroupllc123
Facebook zlotnikm
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