All Forum Posts by: Josh Smalley

 Thank you. Every tip counts for someone as new as me. It makes all the sense in the world given how passive I will need to be just by necessity. 

 Thank you. Really appreciate that endorsement.

@Larry Fried It seems you received tons of interest from that post. I'm so new to this that I have trouble differentiating between great options, neutral options, and poor options. I appreciate you giving me feedback. 

Who controls the decision-making (I'm new to LLC world as well). The majority-owner managers? What is your role, if any, in anything that happens with the property? Does each investor then act as a sort of advisory board or are you completely passive and provide no input? With the managers owning 30%, what percentage of ownership (if I may ask) do you retain?

Forgive my ignorant questions.

Hey everyone,

I'm brand new to this forum and to discussions on real estate in general. I'm in my early thirties and have done ok saving and investing in the markets. I have used much of my money to travel the world thus far. I'm interested in allocating a bit more of my income toward investing. For diversification, I'd like to dedicate some energy, time, training, money into real estate. However, given how busy my life is, I think it's only likely that I will be a passive investor. I am only in the states for about 6 weeks each year (and even that is often shortened) and I have so many other projects going, that it would be difficult for me to be as hands-on as so many of you are.

So, is turnkey really the best option for me? I don't have too much to work with yet, but could definitely begin investing on a first estate within a couple months.

And if it is my best option while overseas, do you have any recommendations for reputable turnkey companies in markets in Idaho/Montana? (Or maybe you can show me the flaw in targeting these regions as they might prove too difficult to general a cash flow).

Thanks in advance. And hello from Belarus! I am a Washingtonian at heart and I return to northern Washington (just north of Seattle) every summer if I can help it.