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Updated over 4 years ago on . Most recent reply

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Daniel Villanueva
  • New York, NY
3
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Passive investor looking for mentor/ coinvestor

Daniel Villanueva
  • New York, NY
Posted

Hello all,

Currently have been doing travel- contracts for under 6 months so in order to invest in real estate- I have to do so passively or buy in cash. It’s my understanding that REITs require the funds for 3 years or so minimally?

Ideally, I would like a co-investor/ mentor ship where I could serve as “intern” and we both profit from the relationship. 

I have approx 75K to start with. Due to my work, I’m only in a location for 3 months (possibly a bit more). Looking to get started in Tucson AZ for work reasons. 

Any advise/ tips greatly appreciated. I’m not sure where to reach out to to get the ball rolling.

Thank you, all!

Most Popular Reply

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Taylor L.
  • Rental Property Investor
  • RVA
4,678
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Taylor L.
  • Rental Property Investor
  • RVA
Replied

Publicly traded REITs are very easy to get into and out of. Private REITs have their own set of rules. Syndications can be basically any amount of time, driven by the aspects of whatever deal you're looking at. Time horizons may go anywhere from 3-10 years. These days most pro formas are going longer, just due to the next year most likely being flat for many markets.

I think the real key for you first is to figure out what your goals are. What do you want your real estate investments to do for you? Not what you what to invest in, but what do you want to get back out, and by when? You seem to have a good handle on what assets you bring to the table for your investments (time & money being important assets).

Buying in cash doesn't equal a passive investment. You'll still need a business plan that allows you to manage your investment, considering the limitations your work involves.

There are lots of options out there for you. Like I said above, figuring out what your goals are should be next on your list

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