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Updated over 5 years ago,
Looking for passive real estate investment for funding
Hello all,
I have been a listener to bigger pockets podcast and ready to get involved in real estate. However, many of the pods are about buying duplex, MF homes etc and accumulating with a hands on approach; yet I am mostly interested in hands off investing opportunities that I can put my money into passive income streams. I am a fairly highly paid professional and I am maxing out my pretax retirement accounts as well as investing a good amount monthly into a taxable brokerage account. I am looking to form some real estate position with the goal of passive income for the future with a decent rate of return, and to diversify from the stock market. However I don't have much time from my day job, and not so much interested in just a REIT mutual fund. I currently have several hundred thousand on the sidelines that I am looking to deploy at some point in some form of real estate but not sure the best avenue. As I stated I am really looking to be mostly silent in these deals, and mainly to be a financier and form passive streams. I really don’t have the time to do anything active or to put too much legwork into it. I am not sure if syndication deals or internet companies such as "rich uncles", crowd-street, Alpha investing websites are good options or if there are other avenues. I do qualify as an accredited investor. Thanks in advance.
Duke