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Do you want to get into real estate without **managing rentals **and dealing with tenants? Passive real estate investing) could be the answer. In this episode, we’ll explore an investing strategy) that allows you to enjoy all of the profits, appreciation), and tax benefits of real estate investing without the headaches of ownership!
Welcome back to the Real Estate Rookie podcast! Today, we’re joined by Jim Pfeifer, host of the new PassivePockets podcast). Like many investors, Jim used to self-manage his rentals, collect rent, and handle typical landlord duties—only to find that he wasn’t very good at it. Even after hiring a property manager), his problems didn’t go away. So, after he’d had enough, he gave up active investing altogether and poured all of his capital into real estate syndications) instead. Now, he doesn’t have to worry about clogged toilets or evictions. He just sits back and collects a check!
In this episode, you’re going to learn everything you need to know about syndication investing and why it’s the perfect way to diversify your real estate portfolio. Jim will show you how to find and vet a syndicator, leverage your retirement accounts, respond to “capital calls,” and more!
In This Episode We Cover:
The pros and cons of passive investing versus active investing
Why it’s MUCH easier to diversify your portfolio with passive investments
Capital calls explained (and what to do when an operator requests funds)
How passive investing returns compare to active investing returns
Why the tax benefits are often better with passive real estate investments
The number one thing you must do when vetting a syndicator
How to find more syndication opportunities for non-accredited investors)
And **So **Much More!
Links from the Show
Ashley's BiggerPockets Profile)
Tony's BiggerPokckets Profile)
Buy the Book “The Hands-Off Investor”)
Find an Investor-Friendly Agent in Your Area)
See Ashley and Tony at BPCON2024 in Cancun!)
What Is Passive Real Estate Investing and Is It Right for You?)
(00:00) Intro
(02:18) Passive Investing 101
(06:40) Pros and Cons of Passive Investing
(09:32) What Are Capital Calls?
(18:00) Passive Investing Returns
(21:48) How to Get Started
(28:10) Raising Capital to Invest
(32:42) Find Your Community!
(34:14) Connect with Jim!
Check out more resources from this show on BiggerPockets.com) and https://www.biggerpockets.com/blog/rookie-459)
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]).
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