About this episode
In this episode, Lincoln interviews Jeff Mendez, an experienced investor, operator, and board member. They discuss Jeff's background in the direct-to-home space and his passion for real estate investing. Jeff shares his first investment experiences and why he believes real estate is a great investment option. Major takeaway? Build excellent systems. Overall, Jeff shares some incredibly valuable insights on building things that last. [00:02:29] Investing in real estate.[00:03:28] Mobile home parks[00:08:06] Reasons for not liking funds.[00:10:10] Syndication versus fund structure.[00:15:21] The current environment affecting business.[00:18:15] Return metrics in real estate.[00:22:24] What makes a fund win?[00:25:21] Being responsive to investors.[00:29:10] Legal audits and protection.[00:32:38] The importance of cleanliness.[00:35:58] VC investment strategies.[00:38:05] Exhilarating real estate deals.[00:41:33] Approaching prospective board members.[00:45:01] Creating value and avoiding pitfalls.[00:49:43] Value creation over money.[00:53:12] Work-life harmony.[00:56:03] Pet peeves in life.[00:58:24] First generation hustle.
