Aileen Prak is the co-founder of Bonavest Capital, where she helps people generate passive income through real estate syndications. She is on the path to creating time freedom for her family and 2 young children and believes real estate is the best vehic...
Aileen Prak is the co-founder of Bonavest Capital, where she helps people generate passive income through real estate syndications. She is on the path to creating time freedom for her family and 2 young children and believes real estate is the best vehicle that can help her and others achieve this dream. Aileen received her MBA from Northeastern University and has over 10 years of experience in the Aerospace industry as the finance lead on several multi-million-dollar projects. She is also the host of the 5 days per week real estate podcast How Did They Do It? Real Estate, where she interviews top experts in the Real Estate Industry with a focus on personal growth and real estate investing. In this episode, Aileen educates people on the concept of syndications as she shares how she manages all the work of running that model along with hosting a podcast.
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What you'll learn in just 15 minutes from today's episode:
“It (multifamily syndication) really aligned with what we’re looking to achieve in terms of creating our time freedom for ourselves, the scalability of the model, also, being able to invest in multiple doors at once. That was just something that we never thought was possible.” – Aileen Prak
“What’s really great about the syndication business model is that it’s really a team sport. We’re all able to pull our money together, pull our expertise together, in order to achieve a common goal and invest in something that we typically won’t be able to do on our own.” – Aileen Prak
“Listen to podcasts. That’s how we got started in our real estate journey. Just listen and absorb all the information as you can.” – Aileen Prak
“We’ve met a lot of great people in the space through the podcast and we cannot trade that [relationship] for anything. The people that we interviewed are so experienced in the space and they have so much knowledge. We’re able to learn from all the lessons, all the experiences that they’ve had. We can’t put a price on that.” – Aileen Prak
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