Capital Gains - Capitalism.com

Today's guest is Steve Waldman, president of Ground Lease Capital Partners. Now, if you're not into real estate, I'm willing to bet that you never knew you could buy a piece of land without buying the building on top of it, and then give the building owner a lease allowing the building to be on the land. Well, it's called a ground lease, and Steve Waldman has made a career out of them, helping building owners increase their returns by stripping the land piece from the property and helping his own investors make returns by owning that land. In this interview, Steve walks through the process of exactly how you make money doing this kind of ground lease deal.