564: How to Make Truly Passive Income with “Syndication” Real Estate
BiggerPockets Money Podcast
Intro
This chapter explores the structure and benefits of passive investing in real estate syndications. It highlights how investors can participate in large projects without the need for active management, enjoying regular returns and updates instead.
Visit PassivePockets, your resource for passive investing with syndications.
Passive investing is most people’s goal, especially if they’re trying to achieve FIRE. They don’t want to be weighed down by managing a dozen rental properties, an active business, or a complicated stock portfolio that requires constant check-ins. Instead, many of us want that “mailbox money,” with checks coming in without us having to do the work ourselves so we can focus on doing what we love. Sounds enticing, right? Then “syndication” real estate investing might be perfect for you.
We’re thrilled to have the newest member of the BiggerPockets podcast network, Jim Pfeifer, host of PassivePockets, on today to talk about this one investment type that changed his life. Jim has invested in over 100 syndications and has been able to reap the significant rewards of passive income, massive tax benefits, and diversification through real estate syndications.
Today, he gives a beginner-friendly breakdown, touching on what a syndication is, why it’s an excellent investment for FIRE, how to vet a syndication BEFORE you invest, questions to ask a syndicator, and the unbeatable tax benefits you can get from sitting back and collecting passive income checks! Ready to make real estate returns without all the work? This one’s for you!
In This Episode We Cover
Welcoming PassivePockets, the newest BiggerPockets podcast network show!
Real estate syndications explained and why they’re such an unbeatable investment
How to vet a syndication operator and the questions you MUST ask before you invest
The two barriers to entry for syndications and why you DON’T need to be an accredited investor to get in the game
Tax benefits galore and how Jim is paying $0 in taxes on his syndication profits
How much a syndication can make YOU (and why it might beat owning rental properties!)
And So Much More!
Links from the Show
BiggerPockets Money Facebook Group
Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums
Finance Review Guest Onboarding
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
Find an Investor-Friendly Agent in Your Area
Find Investor-Friendly Lenders
Grab the Book on Syndication Real Estate Investing, “The Hands-Off Investor”
See Mindy at BPCON2024 in Cancun!
Syndications: Everything You Need to Know BEFORE You Invest w/ J Scott
01:01 Syndications Explained
03:30 Better for FIRE?
07:19 How to Vet a Syndicator
13:45 Questions You MUST Ask
21:28 Interest Rate Risks
24:16 Can Anyone Invest Passively?
28:27 Passive Retirement Investing
31:00 Advice for Investors
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-564
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