Many money nerds have bought into the lie that syndication and crowd funding is a better way to kind of passively reat up right. There's so much due diligence it needs to go into these platforms. The fees are so much bigger to get a return that's just like a reet. And i'm not a big real estate investor. I've one house as a rental property. I owned it for a long time. It's not for me. If you're doing it right now, there are some people who take the ini mini minimo approach, and they do only a very cursory level of pseudo due diligence. But adequate due diligence is a massive time suck.
#342: Russell is a busy professional who’d like to invest passively in real estate. Is there data he can use to compare this approach to owning and managing their own properties?
Laura wants to purchase her first investment property in Miami. Should she cash out some RSUs and stock from her company to use as a down payment? And what type of mortgage is she eligible for since she already owns a home?
Jordan and his wife own three properties and are under contract on a new house since they have a new baby on the way. Should he sell any of his existing properties to be in a stronger cash position, thus mitigating the risk of future fluctuations in his income as a real estate broker? Or should he keep his rental properties since his goal is to reach financial independence through rental income?
Do you have a question on business, money, trade-offs, financial independence strategies, travel, or investing? Leave it here and we’ll answer them in a future episode.
For more information, visit the show notes at https://affordanything.com/episode342
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