Truly Passive Successes?

[Lloyd F.]

All,

i was wondering if anyone could share with me any success stories they have had as truly passive investors? I am in a market where the barrier to entry is just too high so considering diversifying into a few syndicates. 

Thanks all

[Jim Pfeifer]

Real estate syndications are a great way to build wealth - especially if you do not have expertise in a particular niche or market.  You effectively hire asset managers to buy the asset, institute the business plan and provide returns for investors.  I don't know if you are looking for specific examples or just general successes, but I know many people who have been able to ditch their W2 job through the income generated from passive syndication investments - I am one of them.

There are many things you need to evaluate when passive investing, but I recommend listening to podcasts, reading books (The Hands-Off Investor by @Brian Burke is a great place to start) and joining a Community.  These investments are long-term, illiquid and completely out of your control so leveraging the experience of others is critical.

Good luck!