How to Invest Passively or Actively in Apartments
Agent Investor Podcast - A podcast by Tom Cafarella - Real Estate Investor & Coach - Joi
Real estate offers many vehicles that can lead us to wealth, but they aren’t created equal, especially if you’re looking for something passive. Short-term rentals and small multi-family units are vehicles many people go after, but it’s hard to be hands-off with them. This is why apartment buildings are so great, they offer a passive investing option, but are still worthwhile if you want to be an active investor. What holds people back from investing in apartments? How do you choose the right apartments to invest in? In this episode, we talk about why we invest in apartments, and even give you a peek into one of the projects we’re currently working on. When you have many units in one complex, your management is significantly lower, your profits are a lot higher, and it’s just an easier lifestyle. -Jim Cooke Three Things You’ll Learn In This Episode -Truly passive Why is it hard to truly be passive with short-term rentals and small multi-family? -Why you don’t need to come up with all the money Most people would never even dream of investing in apartments because they believe they need to have all the capital themselves. How can you get into a deal with the money you have? -The massive advantage agents have How can you get your start in investing by just being a good deal finder?