Investing for Cashflow without Acquiring More Doors

[Cj McDougal]

Hi BP community. I am looking for ways to continue to invest in Real Estate, with the goal being monthly cashflow without picking up additional doors. Im tired of managing the property managers. Any suggestions on topics to start educating myself on? I have heard a bit about notes years ago. Plan on taking the next year or so to learn about other real estate investment strategies. I am not interested in flipping..I dont even shop at Ikea hehe.

Thanks

LilNomad

[Josh Caldwell]

My first thought is that you could become a private lender. That is passive, so you dont have to deal with tenants or repairs. You can structure it so that you get monthly income rather than one big payout.  Notes would be another way to go, but you need to know how to do due diligence on notes before you jump into that world.  My last idea is that you could be a joint venture partner in a cash flow investment.   Any of those avenues should get you to where you want to be.

To your success

josh