start up money not the issue, but lots to learn

[Nathaniel Winkel]

I have just started the REI research process and am looking for resources specific to investors who have money to start. It seems like so much of the content is focused how to start with no/low money, starting small, scaling up,etc... Now maybe that is exactly where I need to start as well, but I am curious to know if there are resources out there for someone (like myself) whose available capital can accelerate the journey? Make my available capital an advantage from the start?

I am a married with kids, VP of Global Sales, own a primary residence, a mountain condo, and a lake house but want to start building a passive income stream.  Happy to provide more context, but wanted to keep my first post short - I am excited and ready to go/learn! 

[Paul Moore]

Hi @Nathaniel Winkel! Congratulations on your success so far! 

I think real estate investing is fabulous way for you to increase your tax-advantaged cash flow, appreciation and ultimately your wealth. While there are many ways to pull this off, I would not recommend investing actively. It sounds like you have a family and a demanding career. I've talked to hundreds and hundreds of investors who've tried to do REI on the side and they found that it is far more demanding than expected and the returns were not what they saw on HGTV. There is a very high likelihood that you will burn out, and not be able to enjoy your mountain home and it will put a lot of stress on your family and even hurt your career.

If you agree that passive investing is the way to go, there are a lot of places to learn more. Jim Pfeifer's Left Field Investors is a great community. You can also check out Ian Ippolito's Private Investor Club as part of the The Real Estate Crowdfunding Review. If you want to go down the passive route, I highly recommend @Brian Burke's excellent BP book The Hands-Off Investor. 

I wish you the greatest success in your career and investments!