121: Investing in Private Real Estate Funds, with MLG Capital’s Tim Wallen
By Sam Marks / Johnny FD
Tim Wallen is a Principal, CEO, and sits on the investment committee for MLG Capital. The company offers real estate investment services to accredited institutional or individual investors. Tim joined MLG in 1989 as the Chief Financial Officer and remains committed and involved with daily, integral functions of the investment and development segments. During this episode, Tim will share how you can generate superior returns through the meticulous execution of real estate investment strategies. Learn how MLG aligns the funds & investors interest in fee structures including the tax advantages for the individual investor. Listen to the end for insight into making your first real estate investment. Links: MLGcapital.com LinkedIn Where we are: Sam Marks - Tampa, Florida Johnny FD - Kharkiv, Ukraine Discussed: Invest Like a Boss Summit in Vegas! ILAB 108 – Money2020 Conference Takeaways with Paytient Founder Brian Whorley ILAB 77 - Turnkey Real Estate Investing vs. REITs Time Stamps: 01:01 - Traveling to Lithuania + meetup 07:21 - MLG Capital’s background and introduction 11:07 - “We’re both a private equity firm and a vertically integrated real estate operator with 30 years of history of operations” - Tim Wallen 16:31 - The process of acquiring new properties 16:54 - “Are your assumptions that you’re making believable and achievable? Can you deliver?” - Tim Wallen 21:13 - The advantages and disadvantages of being a public or private fund 28:13 - Aligning the funds & investors interest in fee structures 34:29 - Tax advantages for the individual investor 36:11 - “We’re not looking just to buy huge volume we’re looking to make money” - Tim Wallen 37:33 - Massive property investment outcome + available funds 42:43 - Investing as a non us citizen & minimum investment 48:36 - Sam’s experience with investing in MLG 50:22 - The problem with online funds 52:36 - Making your first real estate investment If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2019. All rights reserved. Read our disclaimer here.