[Tiana]

I don’t want to manage any rentals or deal with any property at all, unless it is my own home which I plan to finance in 2 years.

[Jon]

Invest in a REIT.

Useful: I’m looking for suggestions, is it good idea to buying REIT vs buying investment properties?

[Josh]

Don’t invest in REITS or syndications right now.

Learn to invest in performing and even non-performing notes.

Or invest with a hard money lender. You get fairly good returns and you don’t have risk of losing everything by being in a shitty syndications capital stack.

[Ernest]

REIT’s come to mind.

[M Alice]

You are a landlord either way. Trusting someone to manage it costs money, plus you manage the managers.

Best of luck!

[Jedidiah]

If you hire a property manager or use a property management company, they will take care of practically everything having to do with the property for you. They can advertise the property when it is vacant, vet applicants, take care of any problems, and facilitate evictions if needed.

They typically charge 6-10% of monthly rent plus a fee for finding renters, and you are still financially responsible for the property.

But 98% of the time, I just read the monthly statement and smile when the rent check gets deposited.

[Jonathan]

Yes a joint venture. If you bring the money or the credit then let the other person do the work.

You can also be a lender with part of your profits being the appreciation of the house. Lookup shared appreciation mortgage.

[Yujin]

Real Estate Syndications might be something to look into. You can invest as an Limited Partner, still get all the same tax benefits as RE (unlike REITs) and get cash flow.

Don’t miss: I have a real estate question for all you smart people

[Jeannie]

Yes. You can be a transactional lender by loaning out money. Or you can sell owner fianancing so they own it and you act as a bank. You can partner or JV.

[Drew]

I’ve not invested in it before but I’ve heard about Fundrise as a platform to invest in single resident real estate. Does anyone have any thoughts or experience with Fundrise? I’m curious about it.

[Yujin]

REITs, preferred stock of a real estate investment company, DSTs. One option currently pays 7% as an example.

[Patrick]

You can delegate those tasks to other people but it will obviously eat into your margins. If you want passive income that generates a better return, you can also look at making money online.

It is tough, but there are a few hidden gems out there that have been great.

[Author]

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