Episode #169: Colm McEvilly – Investor Decision-Making Process

09/22/23 • 30 min

When it comes to investing in real estate, the decision-making process is of unparalleled importance. This is where you, as the investor, will ascertain whether to get involved in a project or look elsewhere for more viable options. To help us make sense of the decision-making process for investors, we are joined by real estate sponsor and developer, and our dear friend, Colm McEvilly. After coming from a background in mechanical engineering, Colm has since gone on to find his feet in real estate, helping multiple teams raise over $160 million in retail investor capital. In today’s episode, Colm walks us through the investor decision-making process, paying specific attention to the three biases around making decisions, how an investor gathers information, why an investor’s involvement in the decision-making process is key, and the four main categories you need to fully understand when vetting the quality of an investment. You can reach out to Colm via email with any questions or ideas that you may have, but for now, sit back, take notes, and enjoy!

Key Points From This Episode:

A warm welcome to Colm McEvilly as he explains his background and current job role.
Breaking down the investor decision-making process.
Debunking results bias.
How every decision you make is a bet – decision biases.
Why it matters to know how investors receive information on prospective ventures.
The third bias to be aware of: confirmation bias.
Why you need to involve investors in the decision-making process.
Vetting investment quality: sponsors, MSAs and asset class, the investment, and deal numbers.
Costar reports, underwriting visibility, and other details to consider.

Links Mentioned in Today’s Episode:

Colm McEvilly on LinkedIn

Colm McEvilly on Facebook

Colm McEvilly Email

Viking Capital

IronGall Investments

The Infinity San Francisco