Are you looking for a smart way to manage your passive investments without sacrificing valuable time? In this compelling episode of Truly Passive Income, we sit down with Litan Yahav, the founder and CEO of Vyzer, a powerful platform designed to help passive investors keep track of their investments with ease. Litan shares his personal journey, how he discovered the value of truly passive investing and the innovative solution he built to streamline investment tracking.

Listen in as we discuss Litan’s unique perspective on passive investing, the importance of trusting the people you invest with, and how Vyzer can save you time while keeping you informed about your investments. 

Time Stamps

[00:00] Intro

[03:11] Litan Yahav’s journey to passive real estate investing

[05:58] The importance of time management in investing

[08:45] Challenges of keeping track of multiple investments

[13:52] Introducing Vyzer: a solution to manage passive investments

[20:00] How Vyzer helps investors stay organized and informed

[27:30] Pricing of Vyzer’s subscription plans

[28:58] Litan’s advice for passive investors

[30:40] The importance of trusting the right people

[32:09] Outro

Key Take Aways

  • The importance of time in passive investing: Litan Yahav shares his journey and emphasizes the value of time as the primary factor that led him to invest passively in real estate.
  • The challenge of managing multiple investments: Litan highlights the difficulties faced by passive investors in keeping track of their investments and the distributions they receive.
  • The birth of Vyzer: To address these challenges, Litan created Vyzer, a platform designed to help passive investors manage their portfolios and monitor their investments in an organized and efficient manner.
  • Streamlined communication with GPs: Vyzer allows investors to stay on top of their distributions by creating distribution schedules and flagging when distributions are missing or underperforming, making it easier for investors to communicate with GPs.
  • Accessible pricing for various investment levels: Vyzer offers a flat subscription fee, making the platform accessible to investors with different investment levels, from those with hundreds of LP positions to those with just a handful.
  • Finding trustworthy operators and syndicators: Litan stresses the importance of building relationships and trust with the people you invest with, as it can significantly impact the success of your passive investments.
  • Focus on people and numbers: Litan’s approach to passive investing involves prioritizing the people he invests with and ensuring the numbers match his current investment strategy, rather than focusing on specific asset classes or geographies.
  • The value of small to medium-sized operators: Litan shares his preference for smaller, more personal operators who don’t have hundreds of investors and can offer more tailored communication and attention to their investments.
  • Truly passive income comes from investing capital with the right team: Trusting an experienced team to execute their business plan is crucial to achieving truly passive income from real estate investments.
  • Networking and mastermind groups: Litan emphasizes the importance of connecting with other investors and learning from their experiences through networking, attending mastermind groups, and listening to podcasts like Truly Passive Income.

Books and Resources Mentioned

Truly Passive Income: www.trulypassiveincome.com

Website: www.vyzer.co

Follow Litan Yahav on

Facebook: https://www.facebook.com/litanyahav

Facebook: https://www.facebook.com/vyzerfinance/

LinkedIn: https://www.linkedin.com/in/litanyahav/

Twitter: https://twitter.com/YahavLitan

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Transcript
Clint Harris:

You exited a startup about eight years ago, became a passive real estate and private equity investor. You're invested as an LP in more than 30 deals with multiple different operators.

Neil Henderson:

you sold a previous startup is that what launched your passive investing career?

Litan Yahav:

we did 3D imagery for diamonds, hardware, software for photographing diamonds and trading them around the world. we had someone managing everything, but still we got phone calls about, well, these guys left and they ruined stuff, and these guys are late on their payments and we need to evict them. and at the same time we're getting this passive income from these syndications that we invested in. It's like generating better returns and we're not doing anything. why the hell would we wanna do anything but that?

Neil Henderson:

Yahav is a Navy veteran and tech founder who exited a startup and became a passive real estate and private equity investor. Litan has invested as a limited partner in over 30 syndicated deals across multiple asset classes and operators. He created a software called Vyzer, a powerful platform designed to help passive investors keep track of their investments with ease.

Litan Yahav:

investing actively in real estate. There's risk, but there's also returns. But what people don't take into account is that it's actively working. The price of these assets is derivative directly from the value of the asset. And I say that because if you compare it to the public markets, of the public markets. Usually has nothing to do with the underlying assets, but rather from supply and demand, those public market, securities. not to mention the fact that sort of, it's 24 7 job. I have a family, I have kids like I'm with I'm the work life balance. It doesn't really exist. I think that people forget the reason they invest, right? The reason isn't to generate more zeros. The reason is

Neil Henderson:

if you could do us a favor and hit that subscribe button, wherever you listen to podcasts. It helps grow our reach and it makes a huge difference in the quality of guests that we're able to bring to you. Litan Yahav welcome to the Truly Passive Income Podcast. How are you, sir?

Litan Yahav:

Thanks guys. I'm super excited to be here. Talking about passive income is a passion for me, so I love it.

Clint Harris:

Today we've got Litan Yahav who among a lot of other things is a passive investor, limited, partner in multiple syndications with multiple, operators. We're excited to dig into that and hear, more about what your accomplishments are. My understanding, and please tell me if I'm wrong here, you're a Navy veteran, tech founder. You exited a startup about eight years ago, became a passive real estate and private equity investor. You're invested as an LP in more than 30 deals with multiple different operators. Obviously you learned a lot of valuable lessons along the way. So, along the way you've also created a software called Vyzer. Excited to hear about that, what that can do for other people that are invested into passive syndication deals as well. anything I missed there so far?

Litan Yahav:

Perfect.

Neil Henderson:

Sounds like you, you sold a previous startup and that, is that what launched your passive investing career?

Litan Yahav:

Yeah. after the Navy I went to school, studied law business, and then founded a company during my last year's school with, co-founder I met during those studies in a crazy industry, we did 3D imagery for diamonds, hardware, software for photographing diamonds and trading them around the world. We sold that company in 2015, made some money didn't make tens of millions of dollars, but we made enough. And at that point we were bombarded with a lot of people wanting to manage our money and we didn't make enough to have a family office, but we made enough to want to deploy it. And so I live in Israel. Right. And in Israel, it turned out that every second person hearing rests in real estate abroad through a person or guy they know. And we started to meet with friends and talk with other people who sold companies and had some money and how they deployed it and started to get into that. And actually the, our first, me and my co-founder do almost everything together. So, our first two investments were two single family homes in Ohio, active single family rentals. Long term, like we'd never seen 'em before, these were like full turn-key. Lower income neighborhood rentals. And at the same time, like after we did those two deals, we also invested with some guys we know as an LP in their deals like multi-family value add type deals. And then like both of 'em started to go progress and cash flow and then just like got every other month, got hit in the face with stuff we had to deal with those two single family homes and. No tenants and property management companies. And even though it was like it was totally remote, like we had someone managing everything, but still we got phone calls about, well, these guys left and they ruined stuff, and these guys are late on their payments and we need to evict them. and at the same time we're getting this sort of passive income from these syndications that we invested in. It's like generating better returns and we're not doing anything. Like why the hell would we wanna do anything but that? and so, these two single family homes, they were with us for a few years cuz we just couldn't get rid of 'em. Okay. and we just at some point just sold 'em for a loss like year and a half ago. and then since then we decided only passive, only not just like, not real estate, like, I mean, everything's real estate like, so storage and ground development and some, funds and other stuff like that. And some startups as well. And crypto. And that's what we did over the years. And we learned a lot, but that's sort of the quick rundown of how we got into real estate and passive income.

Clint Harris:

It's so interesting to hear you start that way. I think we've heard different versions of that exact same story so many times from so many different people. about, especially I had nine single family homes, not in section eight areas, but not much better. on paper everything looks good. You've got cash flow coming in. You can buy them for a very low amount, and the cash flow is king. That's gonna make up for everything else. But the reality is, every time you have somebody move out, you walk in and there's a door kicked in, or the capital expenditures start to go up, or you're faced with an eviction and you lose months of occupancy and things like that, you're. Cash flow can be wiped out in no time. And the lesson there for me, which obviously the hard way, eventually I got a multi-family and got into multi-family to short rental conversions and then, and into self storage and larger multi-family and things like that is, the same headaches that you have with those single family homes can happen in multi-family properties or self storage or anything else. But it's so much. Less impactful on your overall investment when you have 50 units or 500 units with a self storage facility and things like that. The headaches are still there, but the economies of scale that come along with that allow you to mitigate some of that risk along the way. And the reality is, single family homes, that's a long, long road to not make a lot of money. and it can go away very quickly.

Litan Yahav:

I mean, yeah, so, so the way I, yeah, I totally agree. The way I put it is that, it's okay. I think that there, there is potential investing, investing actively in real estate. There's risk, but there's also returns. But what people don't take into account is that it's actively working. There's nothing passive. And I say if you give up passiveness, the risk return needs to be exponentially larger. And if it's not, it's not worth to give up the passiveness. And that's something we define to ourselves. So it's not that it's wrong or right to do any other way, just to understand. There is this whole spectrum of passive active. The people don't really take into account, they just look at the risk return, the potential like it's real estate. Oh God, I can make, I can be rich cuz all the millionaires, billionaires are made it from real estate. That's fine. But people just don't understand how much work goes into that. And if that's what you wanna do, that's fine, but we just decided we did not like we wanted to be passive. Focus on other things. we're tech guys, we like building companies, we like solving, like, solving efficient problems with technology. We wanna find people we can trust to invest with. So we spend time doing, we'll be, what we're good at and, and what we like.

Neil Henderson:

So you came up through the tech world, that's your bread and butter, that's where you made the majority of your income. Two questions for you. Why not just keep reinvesting that money back into the tech companies? And why, what drew you to real estate aside from, I mean, I know a lot of people in real, Israel. Invest. But what drew you to real estate?

Litan Yahav:

So, first of all, it's a, I'll start from the second part of the question. It's real a, it's real assets. The price of these assets is derivative directly from the value of the asset. And I say that because if you compare it to the public markets, the price of the public markets. Usually has nothing to do with the underlying assets, but rather from supply and demand, those public market, securities. and so, when you buy a real asset and it's hard, it's harder to do. Like, it's exactly, again, the passive active, it's a lot more passive just to buy a REIT. If we're already talking about real estate, it's easier, but also the risk return spectrum is totally different than investing passively and as an lp. and then so on. So real estate for us was like that way to be passive, but also achieve that risky reward philosophy that we were looking for or metrics we were looking for. Now, when you talk about investing in tech, when you build a startup, there's always a question, do you bootstrap it? Just put your own money in and then grow. But you're usually gonna grow very slow and there's a lot of risk involved in it. There are many times people, companies, venture capital firms, that's what they do, right? They have capital to deploy into companies, they know their risk, and then we can leverage that capital to grow faster, build bigger companies, reach more people. And so my risk in a startup is my time. I'd prefer to diversify my risk and put it elsewhere. And also it'll probably, it won't really help the company as, as much as bringing in BC money into the company. I dunno if that makes sense, but that's like the way we saw, investing. Gotcha.

Neil Henderson:

so you can diversify your risk away from the thing that you're working actively in by bringing in outside capital investors and then so you're And then redeploy your capital that you would be tying into that at a, in non diversified, and now you're into a more diversified asset class with a different operator, different geography, and entirely different industry

Litan Yahav:

a hundred percent. Also, I keep in mind, uh, startup founders take extreme risk even though they're not putting in money, they're taking a lot more risk than anyone else who puts in money. Because we're risking our time where we probably could be doing more money during the years we put into the sweating sweat of like building a company probably could mean more just going, working somewhere as a W2 and the bigger tech company. So, my risk is huge. not to mention the fact that sort of, it's 24 7 job. I have a family, I have kids like I'm with I'm the work life balance. It doesn't really exist. So anyway, it's, there's so many other risks I take that I don't think my, the money I have should also be added to that risk at this point. Absolutely. I had, tens or hundreds of millions of dollars I think differently, but I'm not in that position yet.

Clint Harris:

we kind of talk about it, like the risk that you're taking. it's an interesting situation as we have a lot of people that are working to get to the point that you've so successfully reached already. A lot of people if you know what your ceiling is in, say, a W2 job in the software space, you know what that ceiling is and you know what you can accomplish there. That the real risk is if that ceiling is not high enough for you to reach your goals in life, then the real risk is not doing anything at that point, you know that you need to try to do something bigger and better to accomplish what you want during the long run. So you've taken that risk. And it's like in real estate to have any level of success. You have to have time, experience, and money. In this situation, you're looking for people to invest their capital, for you to use your time, which is of these three things as the only non resource, along with your experience to try to generate something where the whole is greater than the sum parts. So put in a situation where creates value for you, for the investors, and obviously for the consumers of the product that hopefully then can be sold or leveraged your subscription based to get to the point of profitability. It's really interesting to hear you talk about that. Where you're putting in your time and is such a risk for you, but you're doing it, and successfully in the past to create enough value that you can passively invest that money that you're getting out of to buy your time back. But Neil he reminds me all the time of this, that the capital that we have coming in, being invested into our syndication deals or that we invest into other people's syndication deals is the store of life energy. People have spent time away from their family doing things that they didn't want to do and sacrificed their time to get that capital, to get that money. And so it's our responsibility to make sure that we take care of that and we use it in the right way to multiply that for the, those people, cuz the ideas eventually they're getting their time back. So for you, it, it feels like this is something that you're front loading a tremendous amount of time, a tremendous amount of experience and energy with the idea of creating capital that for you, at least for now, you've invested passively in a way that can continue to work for you and you get the rest of your time back. Is that fair?

Litan Yahav:

Yep. A hundred percent. I think that people forget the reason they invest, right? The reason isn't to generate more zeros. The reason is to generate more freedom so you can do the things you're passionate about doing. Right? So a hundred percent, and that's time. So I totally agree. Yeah.

Clint Harris:

the common theme that I'm hearing here is time. And even though our podcast is called Truly Passive Income Podcast, it's not really about the income as you just alluded to. It's about so much bigger than that, the idea of the income. Being able to, by itself, financial independence is, it's fine, it's great, it's, and it's achievable. But the way that we believe it about it in our core values is that it's only important when it comes along with location and time independence. That creates an overarching independence of purpose. Where you go where you want, do what you want, when you want, and things like that. So That's kind of the overall theme of what we're going for. So it's really unique that you've developed software in the past with diamonds to create income, and now you're looking to passively invest that. And that's really what I'm looking at when I'm reading about your software adVyzer earlier and the way that that is implemented with other people that have very creative investing strategies that can cover everything from, crypto to, to silver and gold, to, to limited partnerships and things like that. That it's essentially a way for people to get, To get their time back. In terms of the management of that, it was interesting to see that segue in the way that you've, you've accomplished that. Talk to us a little bit about Vyzer.

Litan Yahav:

Yeah. So at some point 3 years ago, so like, like you mentioned, we were investing in a bunch of different deals with different operators, different logins to different portals to see our positions and all that stuff in addition to everything else we have with leverage and bank accounts. And at some point about three years ago, our spreadsheets just began to break. And we just started to spend so much time. Time, right, being the common denominator and just time managing it all. Like I get an email from an operator and I wouldn't remember how much I invested. And what I expected to receive. And these are good problems to have, right? But still, it's like a, we just spent time, oh shit, what was this? And then if we, even if I'd remember a week or two later, I'd get money into my bank account. One of it was bank accounts and I'd, oh shit, what? What's this related to? And best case, I'd go dive into it. Worst case of this screw, you'll be all right and I'll get the K-1 at the end of the year and that'll be enough. but at some point, we say, this doesn't make any sense. Like we're. We've worked hard to generate this this money and just like ignoring the situation of it just doesn't make any sense. And so we said, all right, let's just build ourselves a piece of software to automate everything we have, receive those emails and understand what it's related to. We'll sync in my bank accounts and identify transactions and link those to the specific investments and project cash flow and a bunch of other stuff like that. And, and while we were building that for ourselves, a bunch of friends wired as well, we're like, wait, there might be a whole new business here. How many people of are there light us in the world? and researching the industry specifically in the US we found that millions of people like us. And wait, hold on. If there are so many people like us that are in the same situation, don't have a solution because they're not rich enough to have a family office, but they are wealthy enough to have complex portfolio, meaning they have, they're accredited investor and they invest as an LP In deals, all right, let's build this for them as well. And so we decided to raise money and formalize a startup that, that's called Vyzer for that. So that's the idea of ba basically of Vyzer is keeping passive, investing passive essentially.

Neil Henderson:

So there are a lot of investment management tools available in the market today. and I'm trying to think of, I mean there's things, there's just financial tracking like Mint or personal capital. Things like how, what sets Vyzer apart from them.

Litan Yahav:

I'd say there are about 1500 of these apps have platforms out there that do like what Mint and Personal Capital do, different phases of the end of the sort of wealth. I'd say that those companies, all of 'em, are basically focused on the mass market. So most people don't invest as LPs in syndications. Most people don't have complex portfolios. Most people have a 401k a car house, maybe. maybe some crypto, like that's the ma that's mass market. and that's fine, right? But there's enough solutions for them once you crushed a threshold into being like a more complex or sophisticated investor. And I just means someone who just made a few private investments as an LP into a, an angel investment in a startup, some more crypto holding, some real estate, that's where it just becomes complex. And so if you use Mentor Personal Capital, you're still gonna maintain a spreadsheet because you have to have a place to manage everything. Because when tax season comes up, you wanna have everything in place like your K-1 need to be in a good Dropbox folder, right? Or Google Drive. Like everything needs to be organized and these platforms, it's just not worth it for them to build a product that caters for that audience because, When you look at the whole population worse, like, a few million people, that's not worth building, like adding on features for a massive product like Mint or Personal Capital. And so that's where we come in.

Clint Harris:

We mentioned just a couple of them. What are the different types of investment assets that, that Vyzer can manage?

undefined:

So

Litan Yahav:

it's anything from like active real estate, passive real estate, managed funds, ATM funds, any type of, any type of private placement startups. Private equity, hedge funds. You can also sync in your bank accounts and all the reg regular sort of brokerage accounts, retirement accounts, like 16,000 financial institutions. And you can also add crypto and precious metals and cars and boats and, bank accounts around the world. Sudden e everything You can imagine that you'd put in a spreadsheet or you wanna sync. We have now, obviously there's a lot of things we're always adding. The idea is to give that holistic approach and not just like the dashboard of showing you stuff, but being smarter than that. And also analyzing the data. So like I mentioned, we have this concierge type approach where you just get an email from any investment you've done and you just forward it to Vyzer, where you upload it into what we call this magic box. And then we'll analyze, upload it, update stuff for you, and then you'll link in your bank account. And like I mentioned, we'll identify transactions and link them automatically to specific investments. it also, one of, one of the cool things like when you have these multiple passive income streams and you also have expenses cuz you probably have leverage as well, stuff like that. It's hard to project cash flow. I know how much cash I have today, but I understand how my cash will look in the next year, years to come based on all my expectations from my different holdings. Now that's hard to build. So we've built out that projection, but also adding the ability for people to add scenarios like, what happens if I put a hundred thousand into this fund now, or this operator, how will that impact my cash flow moving forward? What happens if these guys are late by five months? What happens if these don't deliver? Just like all these scenario planning aspects and something really, really cool. We launched, and when we're at best ever. I think, I don't know if we spoke about that, but one of the things we lost a few weeks ago was, What we call benchmarking or the community aspect of Vyzer, showing our members where other members are investing anonymously, like what asset allocation people have across the board in Vyzer. So we have almost 2 billion tracked on the platform. So imagine all that money, how it's allocated in different asset classes, but then in each asset class, which operators, which syndicators, which funds are people investing? How much money has been investing to each of those funds? How many investment? Sharing that information transparently between investors. So

Neil Henderson:

Well, and it's such that's always been such a, that's such limited partnerships have always been an opaque market. you've got, people don't talk about, I mean, some people do, but they generally don't talk about what they're invested in, oh, I'm, or they only talk about the ones that are doing well. There you go. Yep. and

Litan Yahav:

so, and even then, you don't really know if it's true or not.

Neil Henderson:

Yeah, exactly. Yeah. And at least with Vyzer, it's anonymous, so you know, you're really just getting a performance of the, I'm assume the a, does it drill down to a specific project? Are you able to look in and see, how the different projects are doing, anonymously? Or is it only the operator in the asset class?

Litan Yahav:

So at the moment it's the operating the asset class. this just, that's the first approach, but we will launch some other drilldowns into that. And we don't even at the moment, we don't wanna go into performance yet. Cause performance is a tricky, metric. We just show at the moment how much money has been invested in each of these operators, how many investments have been done. So then you can see what's the average investment. And then you get a sense for, oh, well this is a legit operator, And we also wanna add discussions. Let me talk with people that have invested with this software within Vyzer anonymously.

Neil Henderson:

Gotcha. So you don't know who the person is, but you can chat with them anonymously.

Litan Yahav:

Exactly.

Neil Henderson:

Interesting. Oh,

Clint Harris:

that's valuable.

Neil Henderson:

Yeah.

Litan Yahav:

The idea, again, like you said, it's super opaque, the whole private market. Investing is very difficult to understand. There's no transparency whatsoever. And. For many reason, right? All reasons. Also because of like, compliance and regulation. But because we also know how much money people have and if they're accredited or not, we also can, decide, yeah, this person is reach of the level where they can be exposed to this information, and this one is not probably it. So anyways, there's many places we want to take this. We wanna bring value to the industry so that people can make better decisions when they passively invest. One of the tools I was looking at earlier when I was reading over it that I found incredibly interesting that, when you're looking at different syndications and from an LP standpoint, you're looking at returns and timeline and things like that. But the tool that allowed you to look at when distributions were coming, whether it was quarterly, kind of had a wave pattern, the quarterly distribution versus the monthly versus the annual or the biannual, and putting a portfolio together of different deals with different operators. To generate kind of the consistent cash flow that you're looking for from a passive investing standpoint, because once you get into the, especially as an lp, you get into the syndication space, you could have a lot of peaks and valleys there. That was the first time visually I've seen you be able to kind of to shave the tops off the mountains and fill in the valleys and build out a portfolio with different, we always talk about diversification across asset class, geography, and operator. And this is another layer of that, and I think about it, it's across asset class, geography, operator, and distribution cycle that's gonna give you cash flow in a very stable way over the long term. That's the first time I've seen that visualized on one platform across a lot of different offerings. I thought that was incredibly interesting. Thanks. Yeah, it is for us. I mean, I, I can't live for me, like me and my co-founder, like we, we cannot live now without, without this stuff. I will not go down back to the spreadsheet. Yeah.

Neil Henderson:

Well, what you really, what you're really talking about Clint, is diversifying across asset class operator, geography, and time, right. Is what people are trying to do. And, often there's, I don't know if people you've ever heard of people creating, CD ladders or bond ladders and things like that, where you basically time the exit of a bond. To basically pay out so that you've got a consistent level of income. And that's essentially, at a much more complicated scale. That's what you're having to do with your private placements.

Litan Yahav:

Right. and there's also one more aspect that isn't talked about a lot, and that's not just distribution, but also capital calls sometimes, right? Sometimes you invest with these operators that I'll even have a capital ball schedule because it's a ground up development type deal, or stuff like that. And then it's fine if you miss the income, but if you've missed. Reminding yourself that there's gonna be an outflow or an expense, then you might be screwed. Right? Cuz when you get a phone call, hey, you have 14 days to transfer the money. And I'm like, oh shit, I don't have this. Now I have to go get a line of credit now to fund a deal. That doesn't make any sense. And so it's just complex when you start to manage these, like multiple cash flows. So I'll try.

Neil Henderson:

Alright, so. Obviously security is a major concern for investors when it comes to managing their financial data. How does Vyzer ensure that, user's data is secured and protected?

Litan Yahav:

So this might sound a little cliche, but like me, we're all military guys, so we didn't start building anything until we were sure, like security and privacy. That's like for us, like foremost, like we pay. Professional. I won't say hackers cuz that sounds bad, but professional companies that what they do is they check vulnerability for other companies like us and they'll give us like the drilldown of where we're vulnerable and we're really good at that. We do that every few months just to make sure we're super secure and all the data's encrypted and it's just like, For us that's like above and beyond. Like that's the most important aspect of the platform. Security and privacy. So like we're confident on that front.

Clint Harris:

So this might be a little bit of a silly question, but obviously you talked about different investors, be able to see where different people are putting their money and what deals and operators they're into and things like that In terms of identifying new opportunities and for people looking outside of what they're currently invested into, if someone's looking at a deal that someone on Vyzer is not currently invested in, they take that offering and they want to link it into their Vyzer profile, like how does that work in terms of. Showing up on the platform and other people being able to look at that and kind of see how that integrates from the first time a new offering pops up and comes into the, to the platform.

Litan Yahav:

Right? So this is something tricky. And again, our objective is to bring as much value as we can to our members and that also means that many of them come and ask us, Hey, if you have any deal flow, let us know. On the other hand, we don't wanna be compensated for deals because we don't wanna have a conflict of interest. So we don't wanna be presumed as p as a company that pushes deal flow. even if we say we're not getting anything from it, people assume that we're lying. And so we don't wanna push deal flow, but there's this Catch-22, how do we bring value without being seen as a company that, that that has a conflict of interest. And so one of the things we're thinking about, and we don't have this set up yet, is. We have this list in our community, in our benchmarking side, of all these operators in different asset classes and how much money people have invested and how many investments have been done. We're thinking about just adding some sort of symbol or an even number of active deal flow, meaning these are the operators that people have invested in this is the, this and these have deal flow. You can click and see it and you can go to the operator, whatever. we don't want anything from that. And that will create, win-wins, win-win scenarios, because we have a bunch you can imagine, right? We have a bunch of syndicators and operators reaching out to us and asking, well, can we push deal flow through your platform to your investors? And on the other hand, we also have investors looking for deal flow sometimes, but they want it to be vetted. So it's a complex, it's a good question. It's not silly at all. And the answer is we'll get there and we'll find a way to do it without any conflict of interest.

Clint Harris:

That's the biggest thing that I see. Two things that jump out to me is number one, deals and operators being vetted through your system from other people that have already done it. That's extremely valuable information to have. And on top of that, you guys have positioned yourself essentially as a positive, negative feedback loop with the people you have that have money going out, people that have money coming in. You've created a really impressive data source here. In terms of these are highly educated and successful investors you have on your platform to be able to put all that data in one place to see where their money's going, when it's coming back in the different operators, and also vetting the people that they've kind of given the thumbs up to. I have no doubt that they're gonna get there. that's, that's extremely exciting about the future, in my opinion. You've created yourself as like a lightning rod for high level operators and also for intelligent investors.

Litan Yahav:

Yeah, and there's a win-win situations. Like we have gps sending their LPs to use Vyzer. And there's a, and that creates a win-win, right? The LPs get value and then when they use the platform, the gps are then ranked because they're more of their LPs using it, and then it just creates this really powerful network effect. that we think is just a win-win, right. unless it's a bad operator and then it's a bad operator,

Neil Henderson:

Then they're wishing they hadn't sent their people to Vyzer

Litan Yahav:

they are.

Neil Henderson:

Yeah. yeah.

Clint Harris:

So it'll come out in the long run, and that's the beauty of it is that, yeah. It'll become evident one way or the other.

Litan Yahav:

Exactly.

Neil Henderson:

Do you have any success stories or examples of how Vyzer has helped investors improve their financial outcomes?

Litan Yahav:

We've had people get rid of their spreadsheets and thanked us and said they've been, they've been waiting their whole lives for a platform like this. We've had people, not even noticing that they were, they didn't re, we were receiving distributions cause they just forgot to check. Right. And when they look once a year, that's too late. Ask the gp, Hey, what's happening with my distributions? Like what? When you add a new asset to Vyzer, we'll create distribution schedule, and then as time goes by, if we didn't identify a transaction, your bank account, at the end of the quarter, the beginning of the quarter, the end of the quarter, we'll raise a flag saying, Hey, you didn't get a distribution. And so then they can reach out to the GP, Hey, what's happening? We didn't get or it's underperforming. We're overperforming, which is amazing, right. But many situations where, because it's a mess. Like we have people with, hundreds of LP position and, or we also people just like around 10 and both sides get value from it at different levels.

Neil Henderson:

so what's the cost for the investor?

Litan Yahav:

Yeah, so we charge, an annual subscription or a monthly subscription, which is fixed either nine 50 a year or 99 a month. And that includes everything. We don't have any tiers or anything like that, cuz we don't want, we don't want, we don't want it to be based on assets, on complexity cuz then we're incentivized to convince you to do stuff. So just flat, nine 50 a year. 99 a month. And. I'm happy also to offer each of your listeners a discount and we can put a link in afterward if you wanted the show notes.

Neil Henderson:

Okay.

Clint Harris:

That'd be great Thank you. Yeah, I appreciate that. Love that. So appreciate it. If you get to the point of, of needing this level of organization, in, in your portfolio, I think it would not take, I think everyone agreed that's a drop in the bucket compared to the value it can provide. And again, at the end of the day, this is coming down to time at its most base form, so, Let me ask a question that backs up a little bit and, and kind of zooms out. You started with software and then you made the jump. Obviously you had success in business and, and sold a, a product that put you in a position of having money to invest and it's kind of at that point in time, you've started your journey in real estate investing instead of a lot of the people that we talk to start off wholesaling or flipping or whatever, and eventually get to the point that you are as a passive investor. For somebody else in your shoes that's listening to this as a consumer, as someone looking for truly passive investing strategies, is there any advice you have for that person as to what you looked at or how you, you kind of picked the path that you did? or any advice you think they might save them time as they're going through the same process?

Litan Yahav:

So I think that investing passively obviously requires initial, some sort of initial capital. Initial capital people tend to think it's a lot larger than it is. It's not. I'm not, I think, a few hundreds of thousands is a lot of money, but it's already enough from, from my mind to start investing passively in these types of deals. If your passion is in other places, if you're, you have a W2 or you own a business or stuff like that, I, I just think that people, like I said at the beginning, people forget that. We aren't even going to think about the fact that doing it actively might generate more wealth. It's also riskier, but it also requires a ton of time. And so that's from the allocation side of it. From, from the, the tactical aspect, I think the most important thing to do passively investing and what does take some time is finding people you can trust to invest with. Like that's the number one objective. We set out is finding people we can trust. And that's either, it was at the beginning just good friends of ours or good friends or good friends of ours. And then we expanded that sort of through people we met, or through mastermind groups. We joined through podcasts, we listened to vetting those operators, those syndicators gps like you guys. It's, it's, it's a really hard thing to do. And the best way to do is to speak with as many people, find people you can trust. And then once you do that for me, like. When I invest, now all I care about is the people I invest with, and once I trust them, it's just a numbers game. Do these numbers match my current strategy? I usually don't look into the, I don't care the asset person. I don't care what the asset class is. I don't care these geography of it. All I care about are the people. And if the numbers match my strategy, how long it's gonna be there, how many, how often is cash flow, what's the potential upside, those types of stuff. That's, that's my perspective of, of passive investing.

Neil Henderson:

Excellent. We often say that truly passive income come only comes from taking your capital that you've already earned and investing it with an operator and trusting that team to execute their business plan.

Litan Yahav:

Exactly. And for me it's always, I mean, for me, even now, it's usually the smaller, like medium small operators. I don't, I don't, I usually prefer not to invest. With the big guys. That's just my, not, not good or bad, just I prefer the risk return. Just cuz I, I, I want to be, I wanna make sure I know the people I invest with and I can speak with them and they don't have hundreds of investors and they don't have to provide deal flow every other week and they don't have nice offices with overhead. And that's just my approach.

Clint Harris:

I really love your perspective and, and hearing your journey and how it's come full circle and the, the common denominator of, of time and the way you, you've built something to save your own time, but in, in, in a lot of ways sounds like it's gonna end up saving the time of a lot of other people that are, that are looking for passive investing strategies.

Litan Yahav:

Yep. Hope so.

Neil Henderson:

Well, Litan Yahav thank you so much for sharing with us, your story and, and Vyzer as well. If anyone wants to find out more about you and Vyzer, what would be the best way for them to do that?

Litan Yahav:

So pretty straightforward. You can head over to our website. It's V Y Z E R dot C O Vyzer.co. Or you can reach out to me, litan@vyzer.co or Facebook, LinkedIn, Twitter. I love connecting with other LPs, talking deals and stuff like that, so, okay. I

Neil Henderson:

have all those links in the show notes.

Litan Yahav:

Good.

Neil Henderson:

All right. Thanks, man. It's been great talking to you. Thanks

Clint Harris:

so much. Thanks so much. Appreciate it.

Neil Henderson:

Thank you so much for listening and watching the truly passive income podcast. If you liked the show, if you think it would be useful for someone else, the greatest compliment that you could give us would be to share the episode, leave a comment down below. Or leave us an honest review. If you have any questions, don't hesitate to let us know down below and remember with truly passive income comes freedom of time, place and the freedom to pursue your higher purpose.