All Forum Posts by: Kenneth Lee

@Vivian Su - Please send additional details, financials, OM to [email protected]

Thx!

@Trude Roberts - Please PM me.  I have sent a note to the referenced email as well.

Short-term - acquire income generating assets until I'm able to replace my base salary.  Long-term - have financial security from passive investments that I can take bigger career risks -- like startup CTO for a product I'm passionate about building.

@Chris Grenzig

Thanks for the helpful information, particularly breaking out some of the types of asset types that would be involved.  I'll send a PM to connect re specific deals.

Seems like most syndications let LPs join at increments of $50K. I'd think about doing $50K into a cap stabilized multifamily and $50K into a value-add multifamily. RNW has a development syndication open in Park City Utah which also seems interesting as well. I could then take the remaining $50K and throw a portion each month to buy up REITs as a plan for the year -- or leave it in cash in case there is a deal worth springing on, tapping my HELOC if needed.

At least in my mind that seems like a reasonable starting strategy for the year.  Hopefully by next year, I'll have learned something and will be able to start narrowing on what will work for me, or I'll try a set of new experiments.  

Again, BP has been super supportive as a resource  -- many thanks to all!

Thanks Omar -- this is spot on and something I have not been paying attention to.  Thanks to the power of BP, I hooked up with some local pros who hopefully will help me get this part of the house in order :-).  

Interesting - I never really explored REITs.  Suffice to say I am not terribly sophisticated and have relied on robo investor to date!  But seems like a great tool in the portfolio.

 Thanks Brian!

 Awesome thanks -- bookmarked!  Noticed you're in Austin, I'm there about once a month -- I'll ping you next time I'm in town!

 Thanks -- I'll reach out to @Ben Leybovich!

On the scale of 1-10 for passiveness, I'd wager about 7.  

From any RE investments, not too much.  I could comfortable remain committed for 3-5 years with invested capital.

Dunno - depends on risk, right?  

I don't want control right now.  I would crash the plane.  But letting me sit in the cockpit would be great.