All Forum Posts by: Rene Hosman

Quote from @Calvin Thomas:

Quote from @Rene Hosman:

Quote from @Calvin Thomas:

Quote from @Rene Hosman:

Quote from @Calvin Thomas:

Quote from @Rene Hosman:

Quote from @Spencer Ware:

Looking to start expanding portfolio.  Would like to be more hands off as well. Seeking connections, advice, deals. Thanks 

 Have you connected with Devon Kennard at all? He just published a book on this with BiggerPockets and does a LOT in the space of trying to educate athletes on how to invest. Have met him personally a couple times and he is just a great guy all around. 

His book: https://store.biggerpockets.com/products/real-estate-side-hu...

His IG: https://www.instagram.com/devonkennard/

Ah yes..  Who else would have the knowledge to lead others than a 33 year old former football player; who wrote a book that is being hocked by Bigger Pockets.

Maybe you can get Nails (Lenny Dykstra) to write a book that BP can sponsor?  After all, he also was in real estate AND a successful baseball player.  Pretty sure he stole from people in a ponzi-scheme or something.

You guys are classic.

 If you don’t believe in BiggerPockets message or mission then what are you doing here on the forums exactly?? 

 Pointing out the BS that people try to peddle.  Your "books" are equivalent to the image below.

 Really? I've read at least half of the books published and I don't think that's true at all. I'm curious which of the books you've read and why you didn't like them?

 Good for you.  Please, share some tips and cite the pages and books on what was so enlightening that one cannot find for free in the forums here or on Youtube. 

 "share some tips" is a very vague and unanswerable question. If you think that the forums and the books have the same information and the same quality, do you read books at all? Or do you get all of the information in your life from Reddit? Or do you not read anything on Reddit because Youtube has all of that same information? Different mediums have different purposes, that's the premise of media

Quote from @Calvin Thomas:

Quote from @Rene Hosman:

Quote from @Calvin Thomas:

Quote from @Rene Hosman:

Quote from @Spencer Ware:

Looking to start expanding portfolio.  Would like to be more hands off as well. Seeking connections, advice, deals. Thanks 

 Have you connected with Devon Kennard at all? He just published a book on this with BiggerPockets and does a LOT in the space of trying to educate athletes on how to invest. Have met him personally a couple times and he is just a great guy all around. 

His book: https://store.biggerpockets.com/products/real-estate-side-hu...

His IG: https://www.instagram.com/devonkennard/

Ah yes..  Who else would have the knowledge to lead others than a 33 year old former football player; who wrote a book that is being hocked by Bigger Pockets.

Maybe you can get Nails (Lenny Dykstra) to write a book that BP can sponsor?  After all, he also was in real estate AND a successful baseball player.  Pretty sure he stole from people in a ponzi-scheme or something.

You guys are classic.

 If you don’t believe in BiggerPockets message or mission then what are you doing here on the forums exactly?? 

 Pointing out the BS that people try to peddle.  Your "books" are equivalent to the image below.

 Really? I've read at least half of the books published and I don't think that's true at all. I'm curious which of the books you've read and why you didn't like them?

 Interesting that only one person showed up?? Please keep us updated on how this unfolds!

 Love that you're going to Momentum 2025, will see you there! 

If you're really wanting real estate as a "passive" income I would look more into syndication investing and hard money lending. Though I would caution you on hard money lending until you understand the industry a bit better, that can be very rewarding but you have to be able to do your due diligence on deals because you're turning over your hard-earned money to an individuals project, often a flip. 

I have two books to recommend, one podcast, and then one more summit happening in person in May for syndication investors. My book recommendations are not mindset necessarily, they're specifically tailored to passive investing and the reason for this is I think having an educational foundation on mindset and strategy are important but getting too hung up on mindset may actually keep you from taking action. Start broad, learn about investing in general, mindset, and strategy, THEN dive deep into a specific niche to get steps to take action. Because until you understand the specific niche of investing you want to get into, you won't understand what concrete steps you need to take. 

Book recommendation #1: Hands Off Investor by @Brian Burke https://store.biggerpockets.com/products/the-hands-off-inves...

Book recommendation #2: Lend to Live https://store.biggerpockets.com/products/lend-to-live

Podcast Recommendation: PassivePockets podcast is focused on passive investing in syndications - https://passivepockets.com/podcast/

Passive investing summit: PassivePockets Summit May 2-3rd in Columbus https://get.biggerpockets.com/passivepocketsevent/

I make these recommendations specifically since you mentioned passive real estate investing, and syndications or hard money lending are really the two most passive ways to invest in real estate. 

If you're looking for more active strategies like purchasing your own real estate let me know and I'm happy to send updated recommendations based on what your situation is and what your goals are :)

@Austin Wolff recently went through this process of identifying markets to purchase in and he goes over his thought process in this episode on the Rookie podcast about how he used the MarketFinder here on BiggerPockets to find markets that met his criteria 

Podcast: https://www.biggerpockets.com/blog/rookie-473

MarketFinder: https://www.biggerpockets.com/markets

 If you don’t believe in BiggerPockets message or mission then what are you doing here on the forums exactly?? 

Hi Sara! I am also a Denver investor and resident :) 

I would highly recommend taking a look at the BiggerPockets agent finder, that will give you a shortlist of some agents you can interview and agents on BiggerPockets are investor friendly who tend to specialize in finding investment opportunities versus average agents who focus on helping families find homes. 

https://www.biggerpockets.com/business/finder/agents

My best advice is come up with a couple questions, take the time to meet with each agent over coffee or at least have a phone call. Go with who makes you feel most comfortable and also seems most educated on the market. One of my personal criteria is that I want to work with agents who are also investors themselves so I ask about their investment properties. 

Great question about how many members, I'm not entirely sure but @Lindsey Buxton may have some more clarifying information about PassivePockets! 

I will say from personal experience, I think that because it is a paid platform that people take it more seriously and are more active in the community. So I would say even though it may likely be smaller in numbers than some free groups because it requires users to purchase membership, the members of the community are very active and engaged

 Hey Marina, I'm so sorry you're dealing with this, what a terrible situation. 

I'm wondering if you've ever looked at PassivePockets.com ? While the forums here may be helpful, those forums are private and specifically for LPs of any syndication deal, that niche group may have more expertise for you in this situation. 

To clarify your question - BP is not syndicating any deals itself so the reason for the charge for PassivePockets is charged on both the syndicator side and on the LP side, though LPs pay a marginal amount, less than $500 annually. For any LP who is likely spending a minimum 25k investment, this is a no-brainer expense, and quite small. It ensures the community is full of active LP investors, not just anyone. This is a one-of-a-kind closed and private community where every member is vetted before they are admitted. The reason for that is that PassivePockets has two different kind of memberships one for fundraisers/GPs, and one for LPs. Certain forums are private for LPs only, and those with GP memberships cannot access those forums. That is where LPs can feel free to share their real experiences without fear of any potential bad blood or retaliation from GPs. This is the only way we've found that LPs can feel safe enough to share their true experiences - good, bad, and ugly. 

There is a free 7-day trial of PassivePockets available if you'd like to check it out before committing to the membership

Best of luck, and again, I'm sorry for the situation you're in that's really awful.

Wow, just impeccably stated! Thank you for summarizing so much of the problems in a comprehensible way @AJ Wong