RG 356 - Investing in Industrial vs. Multifamily Real Estate – w/ Joel Friedland

Investing In The U.S.

19-07-2023 • 47 mins

This week, we feature one of the most successful real estate investors we’ve had on the show to date. With over 40 years of experience, Joel Friedland of Brit Properties tells us about his humble beginnings and how he built the empire he has today. Joel Friedland is the Founder of Brit Properties, an investment firm that connects investors to Chicago industrial real estate syndications. But before that, Joel co-founded Epic Savage Realty Partners, where he completed hundreds of transactions and led the leadership development team for over 20 years. Today, Joel has numerous multi-million dollar deals behind him and more to come as he maximizes the industrial real estate scene in Windy City. We’re thrilled to have him on the show to share what it’s like to lease and manage industrial real estate properties, something that our multifamily investors may not all be familiar with. Joel also describes the pitfalls he encountered through the years, including the 2008 recession and how the speedbumps helped him become the smarter investor he is today. Join us on this episode to learn all about Joel’s experiences, learnings, and motivations as an investor and leader. KEY TAKEAWAYS 1. Risk-averse investors want to protect the fortune that they’ve already got. 2. Mortgages are a significant risk for leased industrial properties. 3. Diversification is essential no matter what, and putting all your eggs in one basket increases the risk of bankruptcy. 4. Investing with other investors and syndicators you trust can be a great way to expand your knowledge. LINKS https://www.linkedin.com/in/joel-friedland-sior-5508a791? https://britproperties.com/ INVESTMENT OPPORTUNITIES Want to invest alongside Reed? All investments are 100% PASSIVE. Historical returns to accredited investors have ranged 18-31% annualized! To find out more, head on over to… www.reedgoossens.com