209: How To Use Wealth Funds To Diversify Your Portfolio with Jeremy LeMere

Maintaining a diverse portfolio is one key to real estate investing success, and today’s guest outlines why. On this episode of Zen and the Art of Real Estate Investing, Jonathan welcomes Jeremy LeMere, Co-Principal at Navigator Wealth Management, where they direct and offer investment opportunities, which are client-direct fund investments in specific deals. Jeremy began his career in flips and apartment investing. In 2018, he started passively investing in out-of-state assets, offering hard money loans, and syndicating various assets to create diversification in his own portfolio. As Jonathan and Jeremy begin their conversation, they delve into the importance of remaining diversified in real estate and knowing when to pass on a deal if it doesn’t fit the goals of your portfolio. Jeremy outlines the reasons for retaining a W2 for as long as he did, creating win-win deals, and when the BRRRR method isn’t a good strategy. You’ll hear some of Jeremy’s property regrets, where he’s buying property today, and his current favorite asset class. He explains Navigator Wealth Management's goals, mezzanine debt and how it’s used in real estate investing, how insurance impacts property deals, and the benefits of RIAs. Diversifying a portfolio is one of the best ways to ensure success, and Jeremy LeMere is sharing how wealth funds can help you achieve both. In this episode, you will hear: The importance of remaining diversified in real estate Knowing when to pass on a deal if it doesn’t fit your portfolio goals When to leave a W2 and focus on real estate full-time Being accessible to the buyer of a property and creating a win-win for both parties Using the BRRRR method and when it isn’t a good strategy Property regrets and how Jeremy LeMere is making decisions about where to buy today His current favorite asset class and why The creation of Navigator Wealth Management and what Jeremy does there What mezzanine debt is, and how it works The impact of insurance rates on property purchases The benefits of RIAs and the importance of stabilization Follow and Review: We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/209/ to download it. Supporting Resources: Navigator Wealth Fund - www.navwf.com NWF on Facebook - www.facebook.com/NavWF Connect with NWF on LinkedIn - www.linkedin.com/company/navwf Jeremy LeMere on Twitter/X - x.com/jeremylemere Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.