All Forum Posts by: John Fortes

Hello @Sean Watson sounds like you haven't nailed down exactly what you wanted and the choice words you have used sound similiar to a lot of investors when they are starting out. It's the shiny objections that you are torn with. 

Lot's of W2 workers looking for passive returns struggle with deciding which way to go, active, passive, self storage, multifamily, single families, ect.

Once you have defined your criteria, then and only then should you start investing. It makes it easier for you to decide which way you want to lean. I personally can mention how much I recommend multifamily because I focus on that market because I have a well defined criteria and review many of deals a quarter. But at the end of the day, its a personal decision for you to make. Having a defined criteria will help you make decisions easier and be able to help you source those types of opportunities. 

For instance, I'm not into development so if I'm being offered a development deal, it doesn't meet my criteria and I hope by now, now of the sponsors I'm connected with won't share those types of deals with me because its not part of my criteria. 

Now a value add multifamily deal in an strong market, I'm more likely to invest even with lower yield for stronger markets all because my goal is to beat inflation 1% at a time. Hope that helps!

Happy investing! 

Pending on the structure you want to reach out to syndication attorneys to get legal counsel prior to anything. Best way is to reach out to @Amy Wan or @Kim Lisa Taylor who can help you clarify anything you are unsure of. 

Happy investing!

Happy to provide some color to my previous text. Different investors have access to different means of capital. For instance, whole life insurance policies take time to build up the cash value but allow you to invest it by taking a loan against your policy. 

I have a recent podcast (episode JF112) with Sarry Ibrahim who dives into this deeper for anyone interested. Just go to my profile to find the link to the show. 

Happy investing!

Love your passion for flying. Same passion I have for officiating high level basketball games. It's very unfortunate that covid has impacted the industry and many of your colleagues. 

Keep learning and become familiar with the different ways to invest in real estate. You can be active and hands on or passive and hands-off and focus on the flying. Passive isn't a true hands off approach as you will be monitoring the investment similar to how you would if you were active but not doing the day to day operations. Hope that makes sense and makes your approach easier. Happy to connect with you and dive further, other than that continue your journey and utilize the jumpseat when you need to. 

Happy investing!

There are more options than just personal savings and IRA's. I've partnered with investors who have leveraged their whole life insurance policies.

There are some who might use stock options as well. 

Happy investing!

A ton of great reasons to why and @Brian Burke lists the differences between actual real estate investing to the hands off approach. Also, @Travis Watts states his personal reasons to why. 

I've had the pleasure to have both on a podcast I host called The Passive Investor Show and it really comes down to a mixture of both. You should know how a passive investment could benefit you but also you should have personal reasons to why you want to personally invest in a passive investment through syndications. Consider it a blend of the two. 

Happy investing!

I can understand why you would think so per your post but in all reality, what size deals will you be looking at? What markets will you be purchasing in? What class assets are you looking to invest in?

Nailing down those might help you move forward. End of the day, don't worry about the competition and work on the operational aspect. Learn as much as you can in any way, shape or form and get the ball rolling as you begin to understand the model. 

If you really think about it, people have to start somewhere and there is someone starting now and will succeed in doing so, why can't that person be you?

This is quite the news, thank you for sharing this @Amy Wan. Do you see this opening up the field for more accredited investors to be able to participate in funds or foresee future tweaks to the said income/wealth thresholds to account for inflation?

@Elizabeth M Williams I really respect what you are trying to build for your family. Admire it.

With respect to all of the great advice you've already received thus far. I'd like to add...

If you want to really dive in and learn, invest in some books or podcasts to get an ideal of what that type of investment looks like for investors who want to be passive.

@Jack Stryc sorry to hear about a loss since you mentioned an inheritance. Condolences!

To answer your question, once you figure out your strategy that would leave you with the least tax implications. Decide if you want to invest in a hands off approach. If you are utilizing a SD-IRA then you can explore syndications of either multifamily, self storage, mobile home parks, ect.

You can also explore multifamily funds.

Happy investing!