Dave Meyer joins Chris Lopez and Jim Pfeifer to unpack the shift from hands-on house hacking in Denver to diversified passive investing. Dave walks through selling select rentals, using a Delaware Statutory Trust for a 1031, and why he caps real estate time at 20 hours a month. He explains dollar cost averaging into syndications for liquidity management, why he still concentrates on multifamily he understands, and how he hedges with fixed-rate debt, cash, and some gold. The crew digs into operator selection, supply awareness, return-to-office tailwinds in core tech markets like Seattle, and the trap of chasing door count instead of clear goals.

Key Takeaways

Control, liquidity, taxes: define your time budget, ladder commitments, and decide when to pay tax versus use a DST

Dollar cost averaging works in private deals too: one allocation per year can smooth illiquidity and vintage risk

Invest in what you understand: pick operators first, then asset class, and underwrite local supply and rent comps

Hedge the cycle with structure: favor fixed-rate debt, bigger reserves, and realistic hold times over rosy exit timing

Strategy before scale: set goals for cash flow versus equity growth, then judge opportunities against those goals

Disclaimer

The content of this podcast is for informational purposes only. All host and participant opinions are their own. Investment in any asset, real estate included, involves risk, so use your best judgment and consult with qualified advisors before investing. You should only risk capital you can afford to lose. Past performance is not indicative of future results. This podcast may contain paid advertisements or other promotional materials for real estate investment advisers, investment funds, and investment opportunities, which should not be interpreted as a recommendation, endorsement, or testimonial by PassivePockets, LLC or any of its affiliates. Viewers must conduct their own due diligence and consider their own financial situations before engaging with any advertised offerings, products, or services. PassivePockets, LLC disclaims all liability for direct, indirect, consequential, or other damages arising out of reliance on information and advertisements presented in this podcast.