Best Way To Invest With Least Amount of Time?

Question

HI BP. Like many others, I work a 9-5 and commute heavily back & forth to work. By the time I'm home it's like 7pm and i have a couple kids also. I want to invest and make some money and have my money work and move for me but not sure the best way possible. Could anyone enlighten me on some options? I'm in the northern california market, bay area. Very expensive market.

JD Martin · Answer

In real estate, lowest time investment is probably within a REIT. Another option would be as part of a syndicate. But both of these require some research on your behalf that you're not sinking your money on the Titanic.

Any investment is going to require some kind of time commitment by you to make sure the numbers are solid, realistic, and fit your overall knowledge base and goals. Warren Buffet says he doesn't invest in anything he doesn't understand. That's a pretty good motto to keep in mind.

Alina Trigub · Answer

@Kevin Powell

The way you're describing your schedule, it sounds like a passive investor strategy is more suitable for you. You will have to weigh in the pros and cons of it, including the tax consequences to decide on it. Main points: are you willing to give up control due to limited bandwidth? Think about it before you decide on the route to take.

Here're a few articles to provide you additional guidance:

https://www.biggerpockets.com/member-blogs/10850/84064-what-type-of-investor-to-be-when-i-grow-up-active-or-passiv

https://www.biggerpockets.com/member-blogs/10850/86626-the-pros-and-cons-of-investing-via-real-estate-syndication

https://www.biggerpockets.com/member-blogs/10850/85836-should-i-buy-a-turn-key-property-or-invest-in-a-syndication

Feel free to PM me if you have any further questions.

Don Zou · Answer

as an IT consultant and investor for 20+ years... I'd say for most people the best investment is still YOURSELF.. get higher education, better career path for higher earning potential etc.... position yourself in the most lucrative career you can think of and you'd love to do. make that your main hussle (that could be RE among all things)... then vertically expand your business from your main hussel and put the residual income into passive assets like stocks and passive RE e.g. REITs or syndication.

RE is just a hussle like any hussle. very time consuming and could be a drag on your main career.... you don't want to invest yourself into just another job like managing toilets and tenants etc lol.

Eliott Elias · Answer

It takes time up front, years. You can't get to a point where real estate is working for you at a great scale unless you're sitting on a lot of cash right now.

Account Closed · Answer

@Kevin Powell

NO on REIT. Find a successful investor and ask to be a capital partner.

Kevin Powell · Answer

Care to enlighten and elaborate? And why NO on REIT?

Paul Anglin · Answer

I've been researching syndications off and on for a couple of months, but I'm still struggling to sort through the online noise enough to find established/experienced sponsors. There are obviously barriers to entry, but so far the largest is just finding legitimate ones to compare in order to learn enough to decide if the investment makes sense.

Ezichi Oha · Answer

Private Lending. Syndication

Kevin Powell · Answer

Thanks you two!!

Best Way To Invest With Least Amount of Time?

Best Way To Invest With Least Amount of Time?

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