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Jan. 30, 2022

79. Avestor: Build a Real Estate Investment Fund with Badri Malynur

79. Avestor: Build a Real Estate Investment Fund with Badri Malynur

Join Mike Cavaggioni and Badri Malnyur as they discuss  building a fund for investing in real estate! Starting his business right after college, Badri and his partners had a software consulting company that he ran for a decade. In search of passive income, he got into a corporate training company that is, while not a passive type of income, still acknowledged as income which was his goal either way and that is what helped him transition into different entrepreneurial paths. Badri shares more about his current company, Avestor, and share the how-to’s of successfully building an investment fund so stay tuned as there’s a lot to unpack in this episode! 

In this episode, you’ll learn:

  • What could help the move into the entrepreneurial ventures
  • How to diversify your asset classes
  • What to identify when choosing an asset class
  • Why get involved in sub asset clases
  • Badri’s personal recommendations for start-up investors
  • And many more! 

About Badri Malnyur:
Badri has over 20 years of experience in multi-family housing. He was a co-founder in two previous start-ups, an active angel investor and has held key leadership positions at a Fortune 500 company for over 15 years. His MBA in Marketing & Finance and his Masters in Computer Science provide him with a unique perspective on how technology can be applied to real estate.

Avestor is a Portland, Oregon based software and services company with a mission to automate & simplify the complex world of commercial real estate investing. They partner with real estate entrepreneurs to provide them the tools and services that help accelerate their growth while enabling their investors to quickly & seamlessly build diversified real estate portfolios. ​Their passion comes from our experience as passive investors who have had to deal with all the complexities of trying to build our own diversified real estate portfolios.

Find Badri on:
Website: www.avestorinc.com
Facebook: https://www.facebook.com/avestor/
Email: badri@avestorinc.com
LinkedIn: www.linkedin.com/in/badri-sukumar-malynur/

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Transcript
Average Joe Finances:

Hey, how's it going everybody? So today's guest is Badri Malynur and he is the co-founder and vice president at AVESTOR incorporated. So AVESTOR is a real estate investment technology platform that allows investors to build custom real estate portfolios. Badri has extensive investment experience spanning a large variety of assets, including real estate. Stocks bonds, cryptocurrencies, commodities options, and angel investing. He has co-founded two startups and has extensive management experience leading large teams at fortune 500 companies. He has an MBA in marketing and finance and a master's in computer science. So Badri super excited to have you here. Thanks for joining us on the show today.

Badri Malynur:

Hey, I'm really excited to be here, Mike, and thank you for the opportunity.

Average Joe Finances:

Yeah, absolutely. Hey, the first thing I'd like to ask you is the same question I ask everybody that comes on the show. , I gave a little bit of a wave top, , background on you , with, , what you're doing and who you are. But if you could maybe share a little bit more about yourself, and tell us how this all got started for you.

Badri Malynur:

You know, I have always had an entrepreneurial bent. I think I started my first company right out of college. It didn't take off, but I learned a lot from it, right? It's not always, the success is sometimes you learn more from the failures. As far as I have, I've been various startups, but as soon as this particular startup was concerned, it's really because of our bond because of our experience with investing in syndication deals. We my partner and I, we looked at various deals and we invested in some deals, lost some money. And we figured there has to be a better way. And that's the reason we wanted to start this platform for investors to build a diversified portfolio. And I can tell you more about it as we talk.

Average Joe Finances:

All right. For sure. Yeah, absolutely. Now, going into a little bit more, so you said you started your first business when you graduated college what was the.

Badri Malynur:

There was a consulting business not any fancy business plan or anything like that. It was just a software consulting and we did a few jobs, but then both my partners left for greener pursuits both started really companies which went the full mile. One sold his company. And the other company went is, did really well. But I continued in my corporate career for a few, a couple of decades, and then I left

Average Joe Finances:

right on now, when you went from, you started your first business right outside of college. And then, after that, it, didn't, wasn't really working out that great. Where did you make that transition

Badri Malynur:

that transition was a little easy for me because while I was in the corporate job itself, I started a training company that shut, it's exactly like what you are doing, right? You are transitioning from a job to getting enough passive income. The corporate training company did provide enough income for me, not passive, but Hey, we'll take any type of income, whether it's passive or active. And then so that allowed me to transition into various entrepreneurial ventures. One of the ventures was a recruiting automation software but basically it documented the process of recruiting, but then we started Davis tour a couple of years back, and I'm really excited to focus on that venture right now.

Average Joe Finances:

Okay, right on. So automation of recruiting, that sounds like it, it probably alleviates a lot of headaches for a lot of folks that are looking to expand or scale up their business. This is some type of software that can help you actually, get there maybe a little bit quicker with. Out some of the headaches of having other recruiters do it for you. Exactly. Exactly. All right. Fantastic. So I want to talk now, like the main topic, the main reason why we have you here right now is to talk about a Vestor right. And what you guys are doing with it. So now, from what I understand it's something that allows for like high net worth investors to build like custom real estate portfolios. And really diversify it. Can you talk a little bit more about.

Badri Malynur:

Sure. I'll be happy to. Let you know, Mike, let me ask you a question. So if you had $50,000 to invest, would you put 50,000 in one stock or would you buy 10 stocks or 5,000 each?

Average Joe Finances:

I would buy 10 stocks or 5,000 each,

Badri Malynur:

and that's the answer most people give, but today you don't have the choice in syndication deals, right? You do, people get a thrill from picking their own stocks. People like the thrill of picking their own syndication deals, do the research. And, but they can't do that right now. The minimum investment is 25 to 50 and sometimes it's a hundred thousand and some of these deals go really fast. And so what we have built is a platform. Which think of this. I don't know if you have had dinner, but think of it like a buffet. We evaluate hundreds of syndication deals and then we pre invest in a small subset of them. I really do mean a small subset of them. We literally evaluate hundreds and pre we invest in a small subset of them. And then we slice that up. Maybe we invest 50 to a hundred or $150,000, and then we slice it up into 2,500 or $5,000 chunks. And then we put it out for display, so to speak and then people can come in and say, Hey, I want a couple of slices of this. I don't want this. I'm based in Texas. I don't really want to invest in Texas. And so they can build a highly custom portfolio. This is not like a fund where it's a blind pool farm, where you invest in every deal you pick and choose highly screened quality deals, and you build a portfolio for your needs. And that's the value proposition. Whichever stir provides.

Average Joe Finances:

Yeah, so that's saying like if the minimum investment was like $50,000, if you're going into one specific syndication, this allows you to take the opportunity and maybe split that into 10 different models and say, Hey, I'm going to put 5,000 into this one. And Ooh, I like this one. So you have pretty much like a whole marketplace of. Different like syndications and upcoming deals that need funding that people can put like little chunks of change into. It doesn't necessarily have to be that 25 or $50,000 minimum investment. They could say, Hey, I've got, a couple thousand. I want to throw it here a couple thousand. I want to throw over here. And that way, Investing in a portfolio in the stock market, how you want to like, keep it diversified. Or a lot of people say, Hey, I only strictly do index funds because I get a small piece of every pie. This allows you to do the same thing with real estate.

Badri Malynur:

Exactly. Not only say the index funds is more like a blind poll fund, right? You have to invest in all the 500 stocks if you're looking at the 500 index, whereas here you get, it's more like the fidelity of real estate or the Robin hood of real estate. You go there. It's like you invest in individual syndication deals you want. And. Invest in all the asset classes of real estate. Most of that, right? We do multifamily new construction and value add, we do self storage. We do student housing, we do retail. We just last week invested in a great assisted living deal. So you get to pick the asset class. You're comfortable with you get to pick what geography are comforted. But wait, there's more, it's not just syndication deals. We also do debt deals. So the value proposition we offer is like you, you go to an investment advisor and what are they asking you? Oh, what is your risk tolerance? We asked similar questions. And then just like you build an 80% stocks, 20% bonds are 70% stocks, 30% bonds portfolio, you buried at 70 or 80% a syndication deal and 20 or 30% dead deals. So you got a combination of both capital gains and regular income. So you get, depending on your particular situation some people may do a 50 50 situation. They really want more passive income and less capital gains, so that's the value proposition of the platform,

Average Joe Finances:

yeah, for sure. Yeah. A lot of people want to focus on that passive cashflow, especially some of the people that listen to this show right there, it's all about, getting themselves out of debt, getting themselves to a point where they can invest and start building passive cashflow to get themselves to a point where they're financially free. And that's what we're all about. So speaking of that, so we're talking about. All the different, ways that you can diversify how you're investing into these different funds. So how does, how has like some, something like a Vestor prepared, if the market was to crash or we hit a recession, like a, or specifically something in real estate like a big change. What does that do for somebody that's invested in Avestor.

Badri Malynur:

The mantra is very simple. There is no magic here, right? Diversification is key. And when I say diversification, it's diversification across asset classes. And I don't mean just in listen, real estate, be focused on your umbrella. And then diversification in multiple sub-asset classes in real estate. We talked about student housing multi-family and then also diversification across geographies. Sometimes there is always, it's always a possibility that there is. Just session with chips, every kind of state in the country, but sometimes there are local local depths. And but if you diversify well then you are less immune to a recession and also another thing which you could do. Like I said, we do both as I indicated debt and equity. And I just want to give you some more information about our debt deals. We'd never be invested only in loans where we have the firstly. And we never invested in a, anything where the borrower has not put at least 20% down. Why am I telling you this? So you, and if a recession hit. For you to begin to lose money, the real estate market crash by more than 20% now, can I tell you it will never happen? Probably not, but can I tell you it's unlikely, but the high degree of confidence, even in the last recession, the average did crash or two 23%, the average real estate prices that also are a period of two, two and a half. And so here you'll have plenty of warning. So the diversification and the fact that you are investing in a mix of both syndication deals and that deals is what protects, it gives you the protection against stuff. And unfortunately went like that.

Average Joe Finances:

Yeah. No that's great. And that's a great point. If, especially if you're, when you're investing in debt, you're investing in and somebody that, that, they're only on their first lien. That they have at least 20% down, which helps protect you, for that fluctuation in the market which we see fluctuation all the time. But, with the way things have been lately, it's just been up and up and up. We're all waiting for that eventual dip.

Badri Malynur:

It used to be going up in tandem. So that is one other thing I did want to mention. Even the syndication deals we invest in typically are very conservative. So the average deal we invest in has a 65 to 70% LTV ratio, a loan to value ratio where they've taken only 65 to 70% of the loan. And they're generally very investor friendly. I do talk a lot about our. We have a model which takes into account more than 20 different variables. And as I indicated, we evaluated hundreds of deals and we invest in a very small subset. Some people, sometimes people get upset. Hey, why didn't you invest in this deal? But we are very picky on what we invest. So that also protects you against a recession.

Average Joe Finances:

Yeah. Yeah, for sure. Okay. Yeah. And that's good. That's good. Because especially when you're dealing with multiple people, you have multiple people investing. You want to be a good steward of their money, right? You want to be a good steward of, them putting their trust in you. Yeah, being very conservative, it's very common when you see, but with a lot of good syndicators is you'll see that they will under promise, but over deliver. And that's one of the big things you want to be a part of, right? You want to say, okay, here's what we think we're going to get. And as long as those numbers are very conservative, when you come back and you say, Hey, we actually did way better than we initially, projected. That's where that's, where you get happy repeat customers, right?

Badri Malynur:

We very much look at the track record of the syndicator before we invest it. That's one of the variables, which we evaluated all of this. Like I said, we look at multiple variables that goes into a mathematical model and the track record and the number of deals that have had with the IRR greater than 15. Then there are all these factors they consider. So

Average Joe Finances:

That's awesome. So speaking of, the market and where it's going, what are your current thoughts on like where we're heading right now? Do you think that we're heading towards potential crash in the future? Or do you think we're going to just cap out and then just keep riding like a flat line? Or are we going to keep going.

Badri Malynur:

The answer is frankly, I don't know, but I can always take my most educated guests via in a very different, when you say the market, I'm assuming you mean the real estate market? The stock market,

Average Joe Finances:

I guess both. Really, but yeah, mostly real estate, but yeah, I'm curious to what your thoughts are on both.

Badri Malynur:

Okay. Yeah, I do it do a lot of investments in the stock market as well. So briefly in the stock market. I don't expect that immediate crash. We definitely are going to see it. It thinks something, you cannot keep hitting a new record high every day. But if you notice it's stabilized, even though we are hitting a lot of record highs, it's not a big record highs, I'm the incremental direction. So there is so much easy money out there, and that's not only helping the stock market, but it also is definitely helping real estate. The state fiscal response, the monitoring response. The extra unemployment paychecks as really propped up both the stock market and the real estate market. But the thing about the real estate market, I want to point out Mike, is that it's very different from the last crash. There was this no income, no verification loans. That's not what's happening. It's

Average Joe Finances:

the predatory lending practices happening back then.

Badri Malynur:

Exactly. So here it's much more harder to get a loan. And yes, prices have been going up but then incomes have been going up too. And so I would expect both the stock market and real estate market to stabilize, but I don't expect a crash, but if you build it, I was a five portfolio, but the thing about real estate is as long as you're taking the long view, 5, 10, 15 years, You cannot go wrong, honestly. I guess I have to give the legal disclaimer, but if you look at any five, 10 or 15 year period, if you hold a piece of real estate long enough, it's very unlikely. You will go wrong. You'll go through all the boom-bust cycles. You just have to ride it through.

Average Joe Finances:

That's why it's very important. No matter what type of asset classes you're investing in real estate or guests, the sub-asset classes that you're investing in real estate, unless you're doing flips, it's always great to hold right. Buy and hold. That's why you see like a lot of these syndications that happen. They mostly have a period of five to seven years before they turn around and sell the asset. That's one of the things that's important is that it's not just one of those get in, get out quick type deals like you're investing in like a specific cryptocurrency that is hitting the market and it's hitting the market hot because you got people pumping it right. This is definitely, real estate is not one of those things where it's like, get rich quick. But it's about building your wealth over time. Exactly. And that's one of the big things. Like, if you're trying to get into real estate to say, Hey, today my net worth is $50,000 tomorrow. I want my net worth in a year to be a million dollars. Real estate is not the way to go to get there right now. If you're trying to build your net worth $2 million over like a five to 10 year period, that's more realistic when you're looking at the real estate game.

Badri Malynur:

Absolutely. Absolutely. So you really have to take the long-term view and real estate and not absolutely. It's not the crypto of investing.

Average Joe Finances:

Yep. Okay. Right on. Now you, yourself personally, you said invest in, in many other different asset classes, right? So it's not just real estate for you. You're investing in stocks, bonds, cryptocurrencies commodities options, and even angel investing. So you're also investing in other businesses. How does that work for you right now? Like when you're running or, as the VP of. AVESTOR, like how is that when you go and invest into other companies what type of things are you looking at before you put your own money into another business?

Badri Malynur:

So just to be clear, all these other investments are not through a sort of course, these are my personal investments and it's one of the things you look for. First of all, let me briefly talk about my investment strategy. It's a barbell approach. You have very speculative investments that you can double triple, quadruple, maybe. And then you have very safe investments learning probably unfortunately less than 0.3% annually, but that's okay. That's what it helps your class sleep at night. So I have a broad range and I know I'm repeating myself. It's what your grandmother told you. Don't put all your eggs in one basket. Diversification is key across asset classes. And within that asset class, to answer your question I do a variety of angel investments. The it's the usual things which one looks for in a company, strong management team, a big market. Maybe some IP protection and yeah. A strong record of execution. Those are the things I invest in. I usually do early stage angel investments. So they're pretty speculator. Many of them go bust, but that's okay. The ones which do well make up for it.

Average Joe Finances:

That's why I was asking the question. What is it that, what are some of the things that you look for? And of course I'm talking about you personally, because I'm trying to understand more of your background and how you are as an investor. What are some of the things you're looking for in these different companies before you go in there? So like you said you're investing in companies that are, it's more speculative and some of them are just, they go bust, but the ones that do succeed, the, I guess the numbers are well enough that, it puts you at a point where you're making a profit still

Badri Malynur:

that's the venture capital game, right? I actually wanted to go back to AVESTOR for a couple of minutes. Absolutely. You know what I want to tell you about something, because I know that I know while you have a lot of passive investors in the show, I do believe you also have some potential syndicators and sponsors who may listen to your show. So what we have done is we have got fantastic response from our investors and we are trying to redefine how funds work in this. So we are giving this new concept of a customizable fund, which is very different from a blindfold fund, very are investing in all the deals. And given the response which we had from our investors, they also have a number of sponsors come to us and say, Hey, can I do a customizable fund on your platform? You are giving a value proposition to your investors. I want to do that with my branding and with my own investors. And so we pivoted AVESTOR a little bit, we do have our own funds. Passive investors, but we are also a SaaS platform which handles your, we are the world's first customizable fund platform. I don't think I'm exaggerating too much. If I say that we have not found any of the platform, which does what we do. So we offered the platform as a service to other investors, to other sponsors and syndicators and real estate entrepreneurs to create their own customizable. And the key point I want to mention is it's not just a platform, but we offer the full one-stop shopping. We help you create the legal entities. We help you set up the fund people. It's a hard job to set up a fund. We take care of all the infrastructure and we help you manage the logistics and everything else. So I just wondered to be aware. I just wanted the audience to be aware about the SaaS model of AVESTOR.

Average Joe Finances:

Yeah that's fantastic. I love that because I literally, I talked to you about this a little bit before we started recording. I was literally just talking about this with somebody else who I just interviewed about, just based off the network that I have right now. And, I do, I get a lot of deal flow that hits my inbox. I get a lot of GPS reaching out to me. So he was like, Hey, why don't you start a fund to fund a fund? And I'm like, ah, I was like, ah, I don't know about all that. So it was, it became a very interesting conversation. I said, it's really funny. Cause I'm about to interview somebody who does this. I was like, that's really cool. It's almost like a, I'm asking you questions cause I'm picking your brain because selfish for me for one. But for two, this is a great way to get the information out there for anybody else that might be interested in something like this doing it on their own. Like if you want it. Your own sponsor for a fund. So that's, I think that's really neat. And that's why I really appreciate you taking the time to sit here and have this conversation with me right now. And especially with what you guys are dealing with a AVESTOR. So that's huge, it's not only providing opportunity for folks that want to be. More just, LP and hands-off, but you also have an option that, for folks that want to be a little more hands-on and start, you know, bringing more of their network into the fold and getting them involved in these different sub-asset classes in these syndications or different deals that, that investor brings them together, which I think is really cool.

Badri Malynur:

Thank you. I really appreciate that. I think that this is really a great platform for somebody. Not only experienced indicators, but people are starting out because one of the cool things about the platform is you don't have to put only deals very, or being a GP. You can even put deals very or an LP. So if you had a beginning, syndicator, If you want to, you're just building your investor network. A lot of people might say, they're going to invest with you, but until you get the check, you don't know if they're going to invest with you right here. You're going to have high quality deals. Instead of relying, just on GP deals, you can have LP deals, which you can slice an allocate investor. So that's how I bought off what we offer to sponsors.

Average Joe Finances:

that's really cool. And I'm probably gonna want to talk to you a little bit more after we we turn the recording off and just pick your brain a little bit more, but this is this is definitely something that, that, that could be a potential opportunity for anybody who's, especially if you're like one of those I guess network builders and you're really good at talking with other people and you're just, you just have a close group again, the, like you said until the check gets cut, people could say, they'll invest with you all day. The proof of concept is when you actually go live and you do it, see who's actually taking the action with you on this journey. So you definitely want to make sure that, whatever you're doing you're doing it with confidence. And if you're doing it with if it's something you're just getting started at, started out on AVESTOR, might be. Probably one of the great platforms for you to start with, especially because if you're just getting started, you're at least starting with something that's reputable that has already has a great reputation in the industry.

Badri Malynur:

Thank you. Yeah I fully agree.

Average Joe Finances:

I figured you would. Hey, I'm not saying that I am not like a sponsor or anything like that for AVESTOR. I just thought that this was a really neat concept. And when I talked to Badri about coming on the podcast, like I knew this was just something that was super cool. And just something that creates opportunities. For those of you listening out there, especially if you got yourself to a point now where you're looking to invest into something different and you want to stay really diversified. This is just a great way to do it. ' cause there's a lot of people that listen to the show that their LPs or they started off as GPS. And maybe they might have trouble finding funding like this. This is just another great opportunity or another tool to add to your toolbox. We have, especially as real estate investors, we all have tools that we add to our toolbox. This is just another one of those tools for somebody to utilize possibly in the future. So like for me, like I I've always been like a small time guy. Like I've invested in single family homes, like small, multi-family like a duplex and things like that. But I just got in as an LP in my first syndication, which was really exciting for me. Thank you. Thank you. Actually by the time this episode airs it'll be fully subscribed and be all official right now. It's should be by the end of this month. Everything's done. So that's why I'm okay. Talking about it right now, because this won't even be out there yet. But yeah, so something like that, for me, it was just a really good experience. And it was with some GPS that I've known for a while. And I've been working with for a while. I see what they've done. I, I, they built like this trust with me. We have a really good rapport. So I was very comfortable subscribing to, to, to that particular deal that they were going in on because they, they do very good due diligence. And I think that's super important. As we're talking about this, you hear what Badri's talking about? It sounds like AVESTOR does a lot of due diligence themselves cause they're very conservative with some of the w with their picks. Th that's one of the things that's super important. I don't mean to go off on a tangent here. But I know a lot of people that are listening are probably like Hey, how safe is this? How safe is, investing into something that I'm not too sure about? I'm pretty sure if you do your own research and your own due diligence, you'll find that a lot of these syndication deals you can get into, or even something like AVESTOR is something that, as long as you see that they are one of those groups that, under promise and over-deliver that you could be really confident in what you're getting yourself into.

Badri Malynur:

Indeed. Indeed. I think you absolutely have to be careful. There's a lot of deals out there. What we try to do, Mike is reduce the amount of charts, right? You go to a supermarket. If you see a hundred cereal I'm sure you have your favorite cereal and maybe cereal is not the best example, but anything which has too many choices makes the entire process of the shopping process a lot more difficult. So what we try to do is we screen all of these and give you a limited set of choices, but you still are able to customize it to your liking, right? For example, we look at your liquidity needs, give in to say, you might say, I know you're far too young for this, but I have a kid going to college in a few years or something like that. Then we say, okay, let's structure the portfolio to meet your needs there. So that's the value proposition of customizing it for your needs.

Average Joe Finances:

Appreciate that. But I do have a kid going to college in a few years. Not quite my old, my oldest is 12. So for me a few years, Six years from now, we're getting close, especially cause I, I plan everything out in five-year increments. So the way I'm looking at it's like, oh, five years from now, she's gonna be 17. So like we're there. So yeah, so it's it's one of those things that That you just gotta prepare for right life. Life's always gonna throw challenges that you're always going to throw curve balls. Like for example, I had some unexpected expenses that came up with something and I had to do some major repairs at my primary residence. I had to replace every single AC. System in here, all the splits, all the condensers. And it was very costly. So things like that are stuff you want to be prepared for. Cause you never know thank goodness. I was able to build myself to a point to where I had that. Now it pushed things back from me a bit. Like I, I didn't get into the syndication I wanted to get into at the time I wanted to get into it. But it happened at the right time because I do believe everything happens for a reason. So being able to finally get into it when I've been talking about, I want to do one since like November of last year to finally just now getting into it, everything, like I said, everything happens for a reason. But the fact is that, I was able to maintain that discipline, to get the other things done first that I needed to get done. And I think that's one of the things that's really important that people stay disciplined. You stay focused on what your goals are going to be. So if this is something you want to do in the future, like you want, be more of a passive investor and be like a limited partner whether it's through, just a regular syndication or it's through AVESTOR , as long as you're disciplined and you keep your eyes on the prize and you set the goals, you can most certainly get there.

Badri Malynur:

Absolutely. Absolutely. I think discipline and I would add the word diversification again.

Average Joe Finances:

Absolutely. Yeah. I guess I'm like repeating it. Cause I say absolutely all the time too, because that is something that is. Diversification is huge. No matter what class you're in, no matter what asset class you're in. And again, like you said too, it's important to be not just in real estate, like you shouldn't be used in different asset classes. But then again on top of that, on the inside of that, of those sub-asset classes that you mentioned, even if you're in the stock market, if you're in the stock market, you want to be well-diversified so. Huge. Those are the key words here. Right guys, mindset, diversification have a plan. Those are huge. Okay. So if somebody. Cause you had mentioned like newer investors too. So if somebody was a newer investor and they said, Hey, Badri I really like what you got here with AVESTOR. I just paid off all my debt. I've got $50,000 saved up right now that I'm ready to invest in something. I've been looking at syndications, but I really liked your model. What would you recommend that I do.

Badri Malynur:

I would definitely ask them to take a look at our website. I know you're probably going to give all that information in at the end of your podcast, but let me go ahead and briefly give that it's Ava stir, Inc com. And please send me an email. My email is buttery badri@avestorinc.com. And what I would encourage you to do is before you feel free to give us a call and I'm happy to talk to you. But think about what your goals are. Are you trying to, is this 50,000? Is this for long-term capital gains? Are you dependent on some short-term income from that? And think through that. We'll build a custom portfolio. We'll take into account, which state you live in. You probably have enough exposure to that state because you may own a house there we take into account your risk tolerance. So if you are a little less of a stall ground, we may put you in a value add property where you're getting cashflow from day one, which you evaluate property, as you may know, is. Better you take an existing apartment on you're renovating it and hoping to get increased rent as opposed to new construction. So we'll take into account all of that and build a custom portfolio for you. And we can, as an syndicator, you can do both syndication deals and debt deals. So reach out to me, badri@avestorinc.com.

Average Joe Finances:

That was actually going to be the next thing I wanted to talk to you is probably the most important thing is where people could find you. That's great. So that's your website, your email. Is there any social media platforms that you guys are on to that people can find you?

Badri Malynur:

Yeah, we are on LinkedIn and Facebook and you can find us that too, but really our website has a lot of information, including a demo of our platform. The we have spent let me mention one last thing. we have built this technology platform. It took us multiple years. And just building the technology and legal infrastructures took multiple years and hundreds of thousands of dollars. And the beauty of this is even if you invest in 20 deals, you get a single K-1. I never did mention that. So we have simplified the tax process. We have simplified the selection process. So just go to our website, that a lot of demos, then a lot of blog articles. If you don't know what the syndication deal is, we explain what all that is about. And there's a contact webpage. And there is also a very nice presentation, which has been received very well across the country, which talks about how do you build a diversified real estate portfolio, not just using AVESTOR, which it's a purely educational presentation from multiple sources that are so many sources, which technology have enabled. So you might think, oh, I, the 25 or 50,000 I can build the portfolio. I probably maybe buy a single house, but absolutely with today's technology, you can

Average Joe Finances:

That's fantastic. And I appreciate that because I was playing around on the website last night, just looking at different things and the blog articles and everything that you have up there. Really great. Like I had mentioned earlier, like tool to add to your toolbox I would definitely recommend checking out the website. Especially to check out just that presentation. It's not even like trying to get you even to look at AVESTOR, but it's just a good educational piece. For those of you that are looking to understand it a little bit better especially for those of you listening that aren't really sure what a syndication is, or if it's even something. That you would want to do yourself. So this is just a good way to, better educate yourself, which is something we talk about on this channel a lot is the importance of educating yourself before you just go dive into something. And that's what we're all about. Badri this has been highly informative. Absolutely. Awesome. What you guys are doing is amazing and I'm really looking forward to talking with you more. Cause this is just really cool stuff.

Badri Malynur:

Hey, thank you so much, Mike. I appreciate the opportunity and thank you for your service again.

Average Joe Finances:

Yeah, I appreciate it. Thank you. And it's been a blast having you on the show. Thanks again.

Badri Malynur:

Thanks Mike.