Limited Partner Investing is a guide that inspires everyday investors to move beyond safe bets and discover how funding local businesses, franchises, and partnerships can build personal wealth and strong communities. Why was this an important book for you to write?

I was in a Half Price Bookstore one day, and while looking through the bargain book section, I located a book entitled “Stock Investing.” I then decided to write a book entitled Limited Partner Investing.

In your research, which real-world success story stood out most?

Limited partnership businesses are about cash-cows and modern-day ‘gold mines.’ My favorite modern-day gold mine is the golf driving range. People in the small business industry decided, in the 1970s, that a golf driving range is a modern day gold mine. Why? Because, believe me, golf driving ranges just make money. Anyway, I have interviewed a lot of business owners over the course of my lifetime. And all of these people, every single one of them, shared something with me about how they turned their local business into a local success story.

How do you balance the enthusiasm of your writing style with the need to convey the risks of LP investing?

A well-known LP industry formula is used to make decisions about LP business investments.

What advice would you give someone who wants to take their very first step into being a limited partner?

Read my two books, Limited Partner Investing, and Limited Partnership Basics and More! These two books will provide you with direct information on what you need to get things going.

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