Max Gonzalez, founder of Geometric RE, shares his background in the real estate industry and the importance of understanding the different types of real estate assets. He explains the concept of core, core plus, and value-add assets and how they differ in terms of risk and return. Max emphasizes the need for patience in the current market and advises LP investors to focus on the experience and track record of the sponsor. He also discusses the impact of interest rates and inflation on real estate values and offers insights on mitigating risk in opportunistic deals.