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Updated over 5 years ago on . Most recent reply

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19
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Andre Williams
0
Votes |
19
Posts

Too busy to jump in REI

Andre Williams
Posted

Hi BP,

I've had passion on real estate investment after reading rich dad. I am a physician having really busy schedules with quite decent income. What I am realizing is that REI is not really passive. I even looked at turnkey companies but I couldn't find great "products" for a decent return.

I am enjoying my job and my goal is not early retirement but want my money and myself to “work for me”.

Do you think I am having good excuses not to start REI in this situation? If not (I hope you say not), what would you do first in my case? My biggest concern is I may end up doing very poor in both my job and REI...

Most Popular Reply

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549
Posts
411
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Geordy Rostad
  • Real Estate Broker
  • Kirkland, WA
411
Votes |
549
Posts
Geordy Rostad
  • Real Estate Broker
  • Kirkland, WA
Replied

@Andre Williams

I have a couple of suggestions:

1) Read this book: Real Estate Note Investing https://www.biggerpockets.com/store/real-estate-note-investing-ultimate

2) Look into becoming a limited partner on apartment syndications

Either of those paths can be very passive. Your best bet is to just be a money guy. Fund flips for some investors. There's always people looking for private passive money. The returns are whatever you negotiate.

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