Ep #330: Lance Pederson – Trust But Verify: The Key to Due Diligence

Today, we’re going down the rabbit hole of how you, as a potential real estate investor, can invest with better diligence and security. Joining me on the show is Lance Pederson, the founder and managing partner of Verivest, an end-to-end real estate investing platform designed to bring transparency and trust to middle-market investing.

Listen in to hear how Lance started Verivest and the many needs it was created to fill. He discusses how they verify and monitor potential and ongoing deals in order to make it easier to create trust and achieve success. Lance also gives us some great insight on what to look for as a new investor and sheds light on the current market trends.

Minute Markers:

2:39 – How Lance used concerns and challenges along the way with other businesses to create Verivest to provide a solution.
5:48 – When the time to trust is and why it’s such a pivotal time to invest.
7:27 – The intimidating position of passive investing and how that can be conquered.
8:30 – Why Lance positioned Verivest as an outward-facing business.
11:26 – The importance of what happens after investment.
15:53 – The process of organizational maturation and why it tends to be such a big hurdle for most investment deals.
21:25 – How Lance is aiming to make the real estate market function more smoothly.

Featured on the Show:

Lance Pederson: Website | LinkedIn | Twitter
Real Estate Risk Report

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