Is private lending a good idea in my case?

[Devon Preyer]

Hello Everyone,

My wife and I recently finished our first live in flip and, thanks to covid, where able to walk away with a little over 100k in profit. We relocated back to the bay area with family and decided to both go back for our masters. We decided we wanted to move away from buying real estate and focus on school but still want to keep our money moving and growing. I decided that private lending would be a good way to grow our wealth while also limiting our time spent in a business. 

I am currently working my way through "lend to live"and have a few questions,

1. Is private lending good passive income that someone can do on the side?

2. is it a good idea in my case to take the risk in todays market?

3. anyone know any good real estate attorneys in the bay area?