Celebrities Rely on Ari Rastegar for Help With Their Private and Commercial Real Estate Investments

Being a celebrity has its perks, but it’s not all about fun and games. The rich and famous need to take some time off to make sure their financial lives are in order. Without a plan, they could jeopardize their wealth.

Ari Rastegar, a real estate development expert, spoke to Showbiz Cheat Sheet. He told us how he’s helping stars stay on top of their real estate investments and protect their wealth. Here’s a peek into our chat.

Celebrities have a unique advantage when it comes to real estate investing

Ari Rastegar | Courtesy of Otter PR

Most celebrities have an edge when looking for real estate investment opportunities. Because they have better access to real estate opportunities, they can accumulate considerable wealth. They can also build their brand through commercial real estate deals.

“Celebrities have access to other types of investments because of their brand power that the average person sometimes doesn’t have access to,” Rastegar, founder of Rastegar Property Company, tells Showbiz Cheat Sheet. “Done right, this can create really incredible opportunities not only for the celebrity to invest directly in these deals to make money, but in some cases to be a brand authority and spokesperson on these deals to drive traffic further and.” continue to drive demand.”

Ari Rastegar encourages celebrities to surround themselves with a team of financial experts

Rastegar says it’s not uncommon for celebrities to make big mistakes when managing their finances. He stresses the importance of having a competent finance team.

“Often times people are targeting celebrities or throwing deals at them, and they’re trying to use the celebrity’s brand power to make the deal work, rather than the deal working on itself, so celebrities have to be very suspicious of the opportunities.” available to them and seek expert advice from licensed financial advisors and other experts in the field,” says Rastegar.

He continues: “Every celebrity must have a licensed registered investment adviser or financial planner and wealth manager, as well as certified public accountants and have a team of highly experienced financial professionals monitoring and planning their wealth. And the celebrities need to delegate that duty to subject matter experts to make sure they don’t go broke.”

Rastegar also says that educating yourself about personal finances is important for those who find themselves suddenly famous. This way they can reduce their chances of being taken advantage of.

“A lot of celebrities have their expertise in their niche — they’re movie stars, they’re musicians and things like that. As such, they may not have the expertise around real estate,” says Rastegar. “It’s important to educate them on what it is and make it easier to understand some difficult topic concepts and work directly with their financial advisors, agents or other representatives to educate them and overcome them through overeducation.”

How does the average citizen become a successful real estate investor?

If you’re looking to get into real estate investing, Rastegar advises starting slowly and learning as much as you can. Over time, you will acquire the knowledge necessary to build a nice nest egg.

“The average person first has to find out about real estate,” says Rastegar. “And one of the easiest ways is to start investing in publicly traded REITs [real estate investment trusts] or publicly traded real estate investment vehicles.”

Rastegar continues, “You can also read finance, educate yourself about it, and educate yourself, whether it’s through great courses, seminars, or books, and surround yourself with subject matter experts and really take it slow before you start doing anything else. I suggest finding strategic partnerships and using the public markets in the first place, so they have liquidity and better transparency on deals.”

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