What the heck does it mean to invest passively in multi-family

[Christian Requejo]

For the past few days, I have been doing a lot of research. I was thinking to sign up with Jake & Gino mentor or Brad Sumrok. However, the investment is no joke. I am reading lingo like learn to "invest passively in multi-family" and "build relationship with investors and deal sponsors", what is a deal sponsor? Also, I am reading about syndication and joint ventures. The way I am understanding this when it comes to multi-family investing is these mentor programs basically teach how to partner up with other investors through syndication which I still don't completely understand, or sponsors? Which I don't understand. I don't mind partnering with investor, but I prefer not to partner up financially with them. I want to be on top and in charge or the deal and delegate whatever else needs to be done. I want to ask a sincere question. Can people truly make it in real-estate big with other people's money without technically partnering up with them? Because I am understanding syndication like a get quick rich type of deal. Can you still be successful doing it the hard and long way? and how can we get deals funded? I am trying to find out if this is the route I truly want to start with and I am not sure if syndication and JV is the only way to make it. Let me know your thoughts.

[Taylor L.]

If you just want to passively invest you don't really need an expensive coaching program. There are a lot of free or inexpensive resources out there that can teach you how to vet sponsors and deals.

Syndication is definitely neither get rich quick nor no money down in reality. Some folks out there are pitching it that way, but that's wrong.