Episode: Passive Investing in Apartment Syndications with Camilla Jeffs
Guest: Camilla Jeffs is the founder of Steady Stream Investments a company focused on providing investment opportunities in large multi family and senior housing communities.
Big Idea: When investing in syndications, choosing the right Operator is as important, if not more than selecting the right market. While you’re technically investing in an apartment deal, you’re really investing in the people running the deal. By this line of reasoning, your ability to select profitable investments hinges on your ability to select people with whom you’ll invest.
Dan Breslin: Welcome to the REI Diamonds Show. I’m your host, Dan Breslin. This is episode one hundred and ninety-five on Passive Investing in Apartment Syndications with Camilla Jeffs.
Camilla Jeffs is the founder of Steady Stream Investments, a company focused on providing investment opportunities in large multifamily and senior housing communities.
When you’re investing in syndications, choosing the right operator is as important, if not even more important, than selecting the right market or asset. While you’re technically investing into an apartment deal, you’re really investing in the people who are running the deal. It’s probably obvious. But by this line of reasoning, your ability to select profitable investments hinges on your ability to select the right people with whom you will invest.
Camilla brings her background, her experience in the corporate HR world, her ability to select professional talent to the apartment syndication investing business. She also acts as a general partner on her deals. We double click on her investment team, selection process, favorite asset classes, and markets to invest and more during this episode.
All right. Welcome to the REI Diamonds Show, Camilla. How are you doing today?
Camilla Jeffs: I’m doing great, Daniel. Thank you so much for having me on.
Dan: Yes. Absolutely. I know a little bit about you. But for anybody who may not recognize the name, could you kind of go through – we’ll call it – the origination story?
What did you do before real estate? How did you find real estate? How did real estate investing evolve into Steady Stream Investments in your business model today?
Camilla: Yes. Perfect. I started real estate investing when I was quite young. I got my first property at the age of twenty-two. It was a house hack that we did.
We didn’t know about it. It wasn’t a cool term back then, house hacking. We just figured out we want to own our own place, but we didn’t have enough money to own our own place, basically.
So we bought a home that had a basement apartment in it. We rented it out. It worked out perfect. We only paid about one hundred dollars a month in rent to live there. It even had a pool in the backyard. It was so cool.
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Resources mentioned in this episode:
Camilla & I Discuss Passive Investing:
Investing in 100 Unit+ Apartment Deals
Market with the Most Promise
Identifying the Biggest Risk in a Syndication Deal
Understanding Whether You should consider Syndication Investing
Relevant Episodes: (There are 195 Content Packed Interviews in Total)
- Being a Professional Passive Investor with Dr. Jeff Anzalone
- 100+ Unit Apartment Syndication with Stephanie Walter
- Marketing, Meetups & $100 Million in Apartment Syndications with Adam Adams