Debbie Balfour
June 25, 2026
The Truth About Passive Income Investing with a $225M Real Estate Investor
In this episode of Let’s Talk Real Estate Investing, I sit down with August Biniaz, co-founder and Chief Investment Officer of CPI Capital and LinkedIn Top Voice, to discuss how investors can build wealth through commercial real estate, multifamily investing, and build-to-rent communities.
With more than $225 million in multifamily and build-to-rent assets, August shares the lessons he’s learned from raising capital, navigating market cycles, protecting investors, and building a successful private equity real estate firm.
In this interview, you’ll learn:
✅ What multifamily investing really is
✅ The difference between multifamily and build-to-rent communities
✅ How Canadians can invest in U.S. commercial real estate
✅ How syndications, funds, and joint ventures work
✅ What passive investors should look for before investing
✅ How to perform proper due diligence on operators
✅ Why did some investors lose money during the recent market downturn
✅ Why August believes we’re near the bottom of the real estate cycle
✅ How to raise capital and build credibility with investors
✅ The importance of education, trust, and investor relationships
One of my favorite takeaways from this conversation:
“The horse is the asset class. The jockey is the operator. Find the right jockey.”
If you’re a real estate investor, aspiring syndicator, capital raiser, or passive investor looking to make smarter decisions, this episode is packed with practical insights.

