February 8, 2024

How Financial Acumen Combined with Commercial Real Estate can Boost Your Investing Success - Benjamin Spiegel

Have you ever wished you could get a head-start on your journey to financial freedom by finding your own niches and unique assets to invest in? Well, on today’s new episode of The Going Long Podcast, our guest Benjamin Spiegel reveals how he’s found all kinds of unique ways to grow his wealth through a diverse portfolio of unique investments, and how you can do the same! A self professed ‘asset agnostic’, Benjamin is the Founder of Redwood Capital Advisors, LLC, and has a decade-long track record as a highly successful special situation investor. His expertise spans from things like commercial real estate, corporate credit, direct lending and private equity, to buying dry barges and tug boats. He's deployed over $500 million across various firms, identifying unique opportunities in complex and underappreciated situations. And today, he’s sharing his expertise with you!
Billy Keels
CEO and Founder FGCP

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Going Long Podcast Episode 393:  How Financial Acumen Combined with Commercial Real Estate can Boost Your Investing Success

( To see the Video Version of today’s conversation just CLICK HERE. )

In the conversation with today’s guest, Benjamin Spiegel, you’ll learn the following:

 

  • [00:39 - 02:14] Show introduction with comments from Billy.
  • [02:14 - 06:34] Guest introduction and first questions.
  • [06:34 - 11:05] The backstory and decisions made that led Benjamin to this point in his journey.
  • [11:05- 15:00] Benjamin explains what a sought after “special situation” is when it comes to looking for the ideal asset to invest in, and how you can best protect yourself from entering into a bad deal.
  • [15:00 - 18:30] Benjamin talks about his strategy of putting 50% of his bonus checks into real asset investing.
  • [18:30 - 22:07] What Benjamin’s end goal was for investing a large portion of his available funds into investing.
  • [22:07 - 24:56] We find out what Benjamin means by saying he is “asset agnostic”, and what his process has been for deciding what new types of asset to invest in.
  • [24:56 - 25:59] Benjamin explains what ‘collateral coverage’ means, and why it is a key thing for you to understand.
  •  [25:59 - 29:00] Benjamin tells us how he got into the luxury outdoor lifestyle space, the reality of the luxury RV scene, and how he invests in it.

 

Here’s what Benjamin shared with us during today’s conversation: 

 

  • Where in the world Benjamin is currently based: Greenwich, Connecticut.
  • The most positive thing to happen in the past 24 hours: Benjamin was introduced to someone who is looking for a financial sponsor for a new real asset investment!
  • Favourite place in Europe: Capri, Amalfi Coast.
  • A mistake that Benjamin would like you to learn from so that you don’t have to pay full price: Be careful who you partner with on real estate deals, especially if they’re your friends!
  • Book Recommendation: Investment Banking, by Josh Pearl. - https://www.amazon.co.uk/Investment-Banking-Valuation-Leveraged-Acquisitions/dp/1118656210 

 

Be sure to reach out and connect with Benjamin Spiegel by using the info below:  

  

To see the Video Version of today’s conversation just CLICK HERE.

 

How to leave a review for The Going Long Podcast: https://youtu.be/qfRqLVcf8UI  

 

Start taking action TODAY so that you can gain more Education and Control over your financial life.

Be sure to connect with Billy!  He’s made it easy for you to do…Just go to any of these sites:

 

 

Episode Transcript

Billy Keels
Strategic Advisor, Entrepreneur, and Investor
Billy is on a mission to share a roadmap and opportunities with other extremely busy, high-performing professionals on how to find freedom and live the life they desire. Listen in to learn how!
Guest speaker
Benjamin Spiegel

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