Today it is my pleasure to have Lance Peterson on the show. He has quite a unique platform in real estate since he comes from a background in technology. Because of both of those passions, he also has his own software for investors called Marko. We talk about what he does as admin for a real estate administration as well as who his typical clients are. 

Minute Markers:

01:14 – Who is Lance? What does he do and what is his background?

03:12 – Who are Lance’s typical clients?

06:14 – What capital do you have in the administration?

06:58 – In-house versus Outsource funding

10:50 – Lance’s software, Marko

15:00 – The difference between administering funds versus syndications

17:54 – The annual audit process

22:00 – Lance’s best practices

26:00 – Thank you for listening to the Big Mike Fund Podcast

Resources:

Lance Pederson, LinkedIn

Redwood Real Estate Administration, Website

Audible, website

Capital Attraction: The Small Balance Real Estate Entrepreneur’s Essential Guide to Raising Capital by Matthew Burke, Amazon