Real Estate Business, Active Investor, or Passive Investor?

[Don Konipol]

Real Estate Business

1. Real estate broker

2. Mortgage broker

3. Property manager

4. Asset manager

5. Syndicator

6. Fund manager

7. Appraiser

8. Wholesaler

9. Fix n flip

10. Builder/developer

11. STR arbitrage

Active Investor

1. Own rental property

2. Buy and hold notes (performing and non performing)

3. Speculate in land

4. Condo conversion

Passive Investor

1. Invest in real estate funds or syndications

2. Invest in fractionalized notes or note funds/syndications

3. Buy and hold land for future sale

4. Invest in REITs

5. Triple Net Leased to Credit Tenant 

where do you fit in?  I’ll go first.  My BUSINESS is real estate syndication (primarily notes we originate or purchase, but also property).  As active investments I own rental property and performing notes (performing right now!, LOL), as a passive investor I invest in syndications (primarily my own), I hold some land for future value, and I invest in REITs.   How about you and your portfolio?  Where do you see yourself headed?  Which real estate investment or business has been most successful for you?