Looking for other good passive income investments

[Cameron Mehta]

I have 100k invested with PPR Note- it pays .83%/ month, has been super easy and consistent. 

Although they have been fantastic, I would like to find other avenues with similar track records and returns to diversify into. Does anyone have any recommendations of passive investment funds, etc.?

(I also own a small portfolio of single family homes and have invested in apartment syndicates)

This is the company referenced: 

https://pprnoteco.com/

[Malcomb Stapel]

@Cameron Mehta  If you have a 401k or other retirement account setup, I believe there are some decent options in the stock market. That's if you were interested in diversifying your investments into that area. 

Another option is you could invest passively with an REI as either a money or equity partner. Personally, with only 6 units, and three of them in the remodel phase, I don't feel like my company has enough of a track record to be playing with other peoples money, yet. But we are on track to be there later this year.

However, if you were interested in the Midwest I do know somebody who is absolutely crushing it in the small multi-family space in Lawrence, KS. He's built himself quite the portfolio, and has a lot of contacts in the local market. To my knowledge he hasn't partnered with anybody before, but he might be interested after some recent deals he has been given access to. If that interests you, just PM me and I will see if he's willing to chat with you. 

[John Underwood]

Unfortunately passive is going to provide weak returns. Are you ok with owning physical rental properties? This is called passive but there is some administrative work occasionally. 

I prefer to find distressed properties buy them cheap and rent them for top dollar. I prefer to buy a property for cash that will pay itself off in 3 to 5 years and then is almost straight income minus taxes and insurance. Mynreturns are out of this world.

I also love to buy some of these properties in one of my self directed ROTH IRA'S so that I never to pay taxes on these huge gains.

I just got 3 more houses ranging in price from 19k to 29k from last year's tax sale.

It's still mostly passive for me because I have my handyman fix up the houses then I get them rented for $1000 or more per month. I can't do any work on the ones in my IRA, not that I want to anyway.

[Colton Hahn]

One avenue to consider if you are truly looking for passive investing is parking funds in a real estate syndication. Broadly speaking a real estate syndication is a partnership between a sponsor and investors who pool money together for the purpose of acquiring real estate. You get all the tax benefits and income/appreciation benefits of owning real estate without the hassle of having to manage them yourself, thats what the sponsor is for. There are sponsors that consistently produce 10%+ yearly distributions, and or 20%+ IRR without the having to manage the tenants and toilets yourself.

Do your due diligence, find the right syndicator for you in the market you think is best and good luck!

[Bob Malecki]

I agree with Colton, as I've recently found some syndications in self-storage and larger multifamily acquisitions. These have a projected irr in the mid teens. Much of this depends on the sponsor / operator so I recommend that you perform your due diligence not only on the property but also on the operators. 

[Chris Seveney]

Are you looking for other note funds or other syndications in general? For note funds the below individuals run funds per prior comments on BP (note, not commenting on the strength of the operator as I always recommend people perform their own due diligence)

Andy Mirza, Jamie Bateman,Chris Seveney, Martin Saenz, Nathan Turner, Rick Allen, Cody Cox

If you are looking at other syndications, including some outside of real estate going to broker dealer sites and who they represent are a goood start. For example Dalmorefg.com lists their clients for CF, Reg D and Reg A offerings.

[Brock Mogensen]

That is definitely a solid return.  But sounds like you don't get to participate in the upside of the deal.  There are tons of syndication firms out there.  I suggest first defining what market you want to invest in (if you have a preference).  Once you define the market you can narrow down the number of sponsors that buy deals in that market.  Build relationships with a few different operators. Vet their track record and integrity.  And when you see a deal you like, with a sponsor you trust, you'll know you did your due diligence.  

[Paul Moore]

@Cameron Mehta. I’d also recommend real estate syndications. You can learn a lot from Jim Pfeifer’s site “Left Field Investors” - he talks a lot about a variety of syndication and fund options.  

To learn how to evaluate these investments, check out @Brian Burke’s great BP book: “The Hands-Off Investor.” Quite valuable in finding the right operators and deals. Happy Investing! 

[Marco Bario]

@Cameron Mehta

Just last night I was speaking with @Jeff Greenberg who recommend the book "The Hands-Off Investor" by Brian Burke. I could recommend other syndication sponsors, but knowing how to underwrite the deals from the passive side is important. 

Also, platforms like Realty Mogul list enough deals that you could use it as a resource to window shop and get your feet wet at underwriting. 

[Paul Chapey]

Ian Ippolito's Private Investment Club provides excellent, in-depth information on passive investments. Free to join. 

https://www.privateinvestorclu...