This is an LFI episode and LFI is now part of PassivePockets.
Welcome to the Passive Investing from Left Field podcast! In this episode, we’re thrilled to have Aleksey Chernobelskiy, an expert in advising limited partners on real estate investments. Aleksey shares invaluable insights on navigating syndication deals, avoiding common mistakes, and the importance of being an active LP. Whether you’re a seasoned investor or just getting started, this episode is packed with essential advice to help you succeed in the world of passive investing. Don’t miss out – tune in now!
About Aleksey Chernobelskiy
Aleksey Chernobelskiy advises limited partners (LPs) on existing and future investments, writing weekly to 3,000 investors at LPlessons.substack.com to explain how to properly vet and consider LP investments within their portfolios. He also assists General Partners with LP-related matters such as capital calls and feedback on investment decks. Before advising LPs, Aleksey managed STORE Capital’s $10 billion commercial real estate portfolio and oversaw the firm’s underwriting team. He graduated from the University of Arizona with a quadruple major in Finance, Mathematics, Economics, and Accounting.
Key Points From The Episode:
1. Importance of proper vetting and understanding of syndication deals to avoid common mistakes.
2. The significance of being an active participant, even in passive investments, to maximize returns.
3. The critical differences between return on capital and return of capital structures.
4. Aleksey Chernobelskiy’s journey from Russia to becoming a leading advisor for limited partners in the real estate sector.
Timestamps:
02:27 His background
05:32 His three key fundamentals
10:46 Pros and cons of perpetual holds
20:46 The difference between the return on vs of capital structures
26:19 How LPs can set expectations ahead of time
35:42 Podcast Recommendation
36:47 Contact Guest
Podcast Recommendations:
The Choir Podcast
The Founders Podcast
Resources Mentioned:
Contact the guest:
LinkedIn
Advertising Partners: