Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago on . Most recent reply

User Stats

208
Posts
271
Votes
Holly Williams
  • Rental Property Investor
  • New York City
271
Votes |
208
Posts

Passive Investments Enabled Me To Quit My Job Last Week

Holly Williams
  • Rental Property Investor
  • New York City
Posted

I began investing in syndications as a multifamily limited partner around 5 years ago, and the passive income that I'm making is enough that I was able to quit my job last week.  I'm 56 years old, and I was an accredited investor for many years but didn't even know what that was, and I didn't know that real estate syndications even existed.  I moved some money out of the stock market, and over the years, redeployed those dollars as an LP.  My income from those deals has now enabled me live comfortably and help others do what I've done. I'm absolutely here to tell you that you can passively invest, do no work and take very reasonable risk, and easily have a six-figure tax-deferred income.  

My daughter has 4 years left in high school, and I'm really too young to retire, so I'm going to focus on building my personal brand, sharing my story, and helping others do what I did. Passive real estate investing changed my life, and the best part is that it requires no work and I could do it while I was still employed. I had done SFR and multiplexes, but I've found nothing so far that beats passive investing for safety and returns. It's truly the best way to learn this business and invest while holding down a full time job.

Anyway, many of you here on Biggerpockets have played a role in me getting here, and I'm super grateful for all.  You've taught me a lot.  Now I hope that I can pay it forward by helping others do the same.

Most Popular Reply

User Stats

5,752
Posts
3,860
Votes
Michael Noto
  • Real Estate Agent
  • Southington, CT
3,860
Votes |
5,752
Posts
Michael Noto
  • Real Estate Agent
  • Southington, CT
Replied

Now this is a story I would like to hear on the podcast. Very unique path to financial freedom that I think a lot of people will get something out of. Congrats @Holly Williams

  • Michael Noto

Loading replies...