EP 175: Why This Doctor Invests in Land, Self-Storage, and Much More with Vanessa PetersMay 28, 2021
Diversification is important so get into the space that isn’t crowded. On today’s episode, we talk with Vanessa Peters, doctor and investor, on how she got into syndications and why she focuses on portfolio diversification.
Investing shouldn’t be emotional especially when it comes to hedging risk. We discuss with Vanessa why syndications ended up being the perfect investment that aligned with her goals, how to vet a syndication deal and more importantly the sponsor, the mistake she made from investing in too many deals at once, and how to decides how much of her portfolio to allocate to different asset classes. Vanessa also provides an overview of land entitlement and how it could be a profitable niche.
Vanessa Peters, MD, is the founder of VMD Investing and has been investing in real estate for 12 years in single family homes, commercial retail, apartment communities, short-term rentals, self-storage, land entitlements and manufactured home parks. She has invested in over 2500 units across 15 properties and 4 funds. She is passionate about helping busy professionals build wealth through passive, income-producing real estate that provides attractive returns and a proven roadmap to financial freedom.
She is the author of The Busy Professional's Guide to Passive Real Estate Investing - A physician's path to building wealth, creating financial freedom & leaving a legacy. She lives in Escondido with her husband and son and enjoys hiking, traveling and yoga. She also has a passion for aviation and has earned her Private Pilot Certificate.
On today’s episode, we discuss a ton with Vanessa including:
- How to do your due diligence on a syndication opportunity
- What to expect once a syndication deal closes
- The importance of diversification
- What land entitlement is and how it fits within a portfolio
- The importance of patience and doing your homework when learning about a new asset class
Mindset by Carol Dweck
The Busy Professionals Guide to Passive Real Estate Investing by Vanessa Peters
Best Ever Apartment Syndication Book by Joe Fairless
The Miracle Morning by Hal Elrod
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