Passive Investing and Syndication Resources & Strategies

[Brett Aquila]

I own and operate a successful business and I'd like to branch off into real estate as a passive investor, possibly in syndication. I have money to invest but I don't want to spend my time doing things like scouting for deals, managing tenants, or rehabbing properties. Basically, I'd like to be the bank. 

I don't want to be "too passive" and just invest blindly in REITs or anything like that. I'd like to own assets. 

Right now I'm focused on educating myself and networking with potential partners.  

I'd love some advice on strategies I should consider, ways of building out a network of partners and syndicates, and some exceptional books on financing strategies. I'm about to start with the book "The Hands-Off Investor" recommended here on BP.  

Any advice on great books I should read? 

What is the best way to get started with networking? 

All advice welcome!

[Nathan Roberts]

@Brett Aquila Crushing it in Apartments and Commercial Real Estate by Brian Murray is a great book on ways to invest in CRE. The book is mostly targeted at those who want to operate and bootstrap their own properties. Even though your goal is to become a passive investor, knowing the fundamentals will help with vetting a syndication sponsor. I wish I could recommend a few additional books but I just started my journey in learning about syndications. Below are a few great podcast to listen to on apartment investing, syndications, and capital raising:

• Jake and Gino Podcast
• Apartment Building Investing with Michael Blank
• Best Real Estate Investing Advice Ever

You should also set a keyword alert on Biggerpockets for the word "syndication" so you get notified when that topics comes up; this is another great way to learn. Connect with a few syndication companies, and/or real estate professionals where you want to invest. They will have resources to help you get started.