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Updated over 4 years ago, 06/10/2020

User Stats

4
Posts
4
Votes
David S.
  • New to Real Estate
  • BC Canada
4
Votes |
4
Posts

Strategies for passive investment

David S.
  • New to Real Estate
  • BC Canada
Posted

Hey BP sages and fellow investors. I'm brand new.

I'm a busy family doctor, husband and father of 2 toddlers. I'm also very excited about all that I've learned from reading the forums, books and listening to podcasts about REI.

My dilemma is that I see the value of things like BRRRR, but despite having the passion and the capital to hit the ground running, I don't have the experience, energy or time. Making time, would just reduce my abilities as a doc/dad/husband right now, and isn't feasible, but I hope it will be one day.

So I'll need to be somewhat passive. I dream about having a team that provides the things I can't, and yet still delivers me good returns on investments, but am not sure if this is realistic. I wonder if it just makes more sense to find good buy/hold cashflow multi-unit properties.

Does anyone out there have any advice to maximize the use of my capital/passion, while minimizing the use of my time/energy?  Willing to invest anywhere the #s make sense, with people that are like-minded/trustworthy and good persons.

Many thanks.

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