Passive real estate investing has been pretty easy over the past few years. For most investors, throwing money into a random real estate fund or rental property yielded serious returns. But now, real estate investors, operators, and syndicators are struggling to find cash flow or appreciation. And, with rising mortgage rates, their enormous income is about to get eaten away. So, is passive real estate income anywhere to be found?
James Dainard has been investing for almost two decades, with thousands of projects under his belt. He’s wholesaled real estate, flipped houses, and bought hundreds of rentals, but now, he’s looking to take his foot off the gas with passive investing. James has three main ways of securing passive, profitable property income WITHOUT putting his cash at risk. In this video, he’ll go through the exact process he’s taking to ensure the money he’s putting into a property will result in passive income, not more problems.
Are you passively investing in 2023? If so, how are you making your returns? What are you doing to double-check the deal so that you get paid? Let us know in the comments below!
00:00 Passive Investing in 2023
01:24 3 Types of Passive Investing
02:55 The Rules Have Changed
04:07 What to Do BEFORE You Invest
06:44 Dig Deeper Into Deals
09:49 2023 Passive Income Recap
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Watch James on the “On The Market” YouTube Channel:
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Check Out Last Week’s Episode on BRRRRing in 2023:
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What Is Passive Real Estate Investing And Is It Right For You?
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Passive Investors—Don’t Make These 2 Critical Mistakes:
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By: BiggerPockets
Title: Passive Real Estate Investing in 2023: The RULES Have CHANGED
Sourced From: www.youtube.com/watch?v=ymw03zIZ-fM
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