Passive Income Investing Through Real Estate: Are You Building a Real Estate Investment Portfolio or Real Estate Business?

When you started turning your attention towards real estate as your passive income investing path, were you thinking that it wouldn't be much work?

If you did, you're wrong.

Unless you are a joint venture money partner, investor in a fund or REIT, you're actually building a business rather than a passive income investment portfolio and that may or may not be a good thing for you.

In this episode, Jon and Kyle explore the intricate balance between building a passive income generating real estate investment portfolio and managing a thriving real estate property business. They share personal experiences and strategies that can help you understand where to store your wealth and how to navigate the complexities of managing both a business and a real estate empire. 

If you’ve ever pondered, dreamed, or even planned the outcome of growing a passive income real estate investment portfolio so you can live off the cashflow and not realize what is involved or what you have created, you may be in for a wake up call. 

Understanding the evolution of their real estate journey, Jon and Kyle reflect on how their initial investments have transformed into a full-fledged business, complete with its own set of responsibilities. They tackle the tough questions about treating a passive income property portfolio as a business and offer strategies for effective management and growth. This episode is a must-listen for anyone looking to refine their approach to real estate investing and business integration.

You’ll learn: 

• Gain clarity on whether to prioritize your passive income investments or your business ventures.
• Learn practical strategies for managing a growing passive income property portfolio as a business.
• Discover how to apply business thinking to real estate investment for long-term success.

Listen to this week's episode to help yourself understand whether you're heading down the right path or whether pivoting along your investment journey will leave you happier and wealthier in the end.

Resources: 

• Access all episode resources on the show notes page
• Book a FREE Discovery Call with Kyle to review your corporate (or personal) wealth strategy to help you overcome your current struggle and take the next step in your Canadian Wealth Building Journey!
• Follow/Connect on LinkedIn, Instagram, Facebook [Kyle’s Profile, Our Business Page], TikTok and TwitterX.  

We'll explore why passive income investing through real estate is not really passive, how investing in real estate is more of an entrepreneurial business endeavour rather than a passive income investment, how the type of real estate investments you make should align more with who you are as an investor and entrepreneur rather than which investment property will give you the greatest return and more. As always

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Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.