How to Passively Fund BRRRR Deals

[Kyle Nield]

After a year of real estate research, trying to find deals, almost closing on a deal, trying to find anyone (realtors, hard money lenders, contractors, etc) that want to work with a newbie, all while trying to keep up with my full time job and family of 6, I think I'm moving on. . My main goal with real estate was to retire early (10-15 years from now), and to have steady rental income as a substantial party of my retirement. I have a good job and a good chunk of money that I had saved up to put into real estate. So, at this point I'm considering doing turnkeys or just sticking to the stock market, but am wondering if there is way way to to find and finance people or groups that are already successfully BRRRRing or doing vacation rentals? So, my primary contribution would mostly be the funding, otherwise would be fairly passive. I would love any advise that anybody could give! I've looked into providing hard money lending, but I don't think it fit's into my retirement or tax strategy the way owning rentals does, and I don't quite make enough to qualify and get into syndications. Also, is there a better forum category to post this question in??

[Todd Goedeke]

@Kyle Nield check out the forums for Short Term Vacation Rentals as well as  RE investing using IRAs and Solo 401ks. Both have lots of people on it who are passive investors.

Beware of people recommending syndications. They usually are salespeople in syndication industry.

Syndications involve middlemen with no vested interest. In 30 years of viewing and seeing syndications at work the people I have seen making the money are the syndicators not the investors. Usually syndicators front end load all the fees so only 85% or less of the investor s dollar gets invested in property. Syndicators also make money directly or indirectly managing the property.