Strategies for passive investment

[David S.]

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.

[Taylor L.]

Originally posted by @David S.:

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.

Welcome to the site! You've hit the nail on the head - people. That's numero uno. Trustworthy, experienced, and like-minded are all qualities I like to look for.

Start by quantifying your goals and assets: What do you want your investments to produce, and by when? How much time & capital do you have to invest? (FYI, never post how much capital you have to invest publicly...)

There are a few top options that typically fall under the passive investor purview: syndications, private lending, notes, turnkeys, and triple net properties.

You can learn the basics and principles of those from podcasts, books, and YouTube channels. Then pick one to pursue and go for it! Daily action, even for passive investors, will push you further, faster. Small steps done consistently turn into big results.