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Podcast: The Best Ever CRE Show
Episode: Avoiding Capital Calls, Vetting Sponsors, and Embracing JOMO with Jim Pfeifer
Description: On this episode of the Passive Income Playbook, Pascal Wagner interviews Jim Pfeifer, founding member of Left Field Investors (now rebranded as Passive Pockets) and long-time limited partner (LP) investor. Jim shares his journey from high school teacher to financial advisor to full-time LP, highlighting the transition from stock market speculation to real estate investing for cash flow. They discuss the pitfalls of early passive investments, the importance of vetting operators (especially in volatile markets), and why community is the most valuable due diligence tool an LP can have. Jim also shares his philosophy of not being anyone’s “guin...