Are you looking for a smart way to manage your passive investments without sacrificing valuable time? In this compelling episode of Truly Passive Income, we sit down with Litan Yahav, the founder and CEO of Vyzer, a powerful platform designed to help passive investors keep track of their investments with ease. Litan shares his personal journey, how he discovered the value of truly passive investing and the innovative solution he built to streamline investment tracking.
Listen in as we discuss Litan's unique perspective on passive investing, the importance of trusting the people you invest with, and how Vyzer can save you time while keeping you informed about your investments.
Time Stamps
[00:00] Intro
[03:11] Litan Yahav's journey to passive real estate investing
[05:58] The importance of time management in investing
[08:45] Challenges of keeping track of multiple investments
[13:52] Introducing Vyzer: a solution to manage passive investments
[20:00] How Vyzer helps investors stay organized and informed
[27:30] Pricing of Vyzer's subscription plans
[28:58] Litan's advice for passive investors
[30:40] The importance of trusting the right people
[32:09] Outro
Key Take Aways
- The importance of time in passive investing: Litan Yahav shares his journey and emphasizes the value of time as the primary factor that led him to invest passively in real estate.
- The challenge of managing multiple investments: Litan highlights the difficulties faced by passive investors in keeping track of their investments and the distributions they receive.
- The birth of Vyzer: To address these challenges, Litan created Vyzer, a platform designed to help passive investors manage their portfolios and monitor their investments in an organized and efficient manner.
- Streamlined communication with GPs: Vyzer allows investors to stay on top of their distributions by creating distribution schedules and flagging when distributions are missing or underperforming, making it easier for investors to communicate with GPs.
- Accessible pricing for various investment levels: Vyzer offers a flat subscription fee, making the platform accessible to investors with different investment levels, from those with hundreds of LP positions to those with just a handful.
- Finding trustworthy operators and syndicators: Litan stresses the importance of building relationships and trust with the people you invest with, as it can significantly impact the success of your passive investments.
- Focus on people and numbers: Litan's approach to passive investing involves prioritizing the people he invests with and ensuring the numbers match his current investment strategy, rather than focusing on specific asset classes or geographies.
- The value of small to medium-sized operators: Litan shares his preference for smaller, more personal operators who don't have hundreds of investors and can offer more tailored communication and attention to their investments.
- Truly passive income comes from investing capital with the right team: Trusting an experienced team to execute their business plan is crucial to achieving truly passive income from real estate investments.
- Networking and mastermind groups: Litan emphasizes the importance of connecting with other investors and learning from their experiences through networking, attending mastermind groups, and listening to podcasts like Truly Passive Income.
Books and Resources Mentioned
Truly Passive Income: www.trulypassiveincome.com
Website: www.vyzer.co
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