Interview with a Distance Investor
By Bruce Kellogg
Investing Philosophy
Bruce starts by explaining that in order to succeed in investing and , actually in life , it is necessary to “ live in a world of abundance , not one of scarcity .” For everyone , including for himself , the best approach to selfoptimization is to “ invest in yourself .”
When it comes to real estate investing , Bruce is “ ZIP code agnostic ”. He invests based on potential cash flow wherever it is to be found . To him , “ It ’ s a numbers game .” It ’ s also a longterm endeavor , “ not a sprint , but a marathon .” He says , “ Anything can happen in a deal , so it ’ s important to buy right .” You “ manage risk by buying right .”
Investing Practices
Introducing Bruce Dinger
Bruce Dinger is a longtime resident of Silicon Valley who earned an MBA degree in International Business from Regis University in 1997 . Since then , he has spent 30 years as an investor , as well as an educator teaching those interested in becoming an investor . At the present time he has :
1 ) Completed over 200 real estate projects in the past 32 months all across the world . 2 ) Runs a hedge fund catering to ultrawealthy clients . 3 ) Runs an educational practice that provides education related to investment financial literacy .
4 ) Serves as an angel investor and invests in technologybased startup companies .
Here we will discuss his real estate investing at a distance .
Bruce prospects for properties across the entire country with an inhouse team and submissions by potential joint venture partners . His criteria includes : 1 ) liquid markets , 2 ) preforeclosures , 3 ) highequity , absentee owners , and 4 ) quality school systems , among others . He maintains that he often does not see the properties he purchases . He will only go out to properties to help educate his children about the power of investing .
Much of the time , Bruce collaborates with brokers and agents . Here , he insists on working with the best . These he selects based on their sales production awards and the number of sales they have closed in the past 24 months . As with himself , his standards are high .
The best approach to selfoptimization is to “ invest in yourself .”
Bruce Dinger
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