I've had passion on real estate investment after reading rich dad. I am a physician having really busy schedules with quite decent income. What I am realizing is that REI is not really passive. I even looked at turnkey companies but I couldn't find great "products" for a decent return.
I am enjoying my job and my goal is not early retirement but want my money and myself to “work for me”.
Do you think I am having good excuses not to start REI in this situation? If not (I hope you say not), what would you do first in my case? My biggest concern is I may end up doing very poor in both my job and REI...
2) Look into becoming a limited partner on apartment syndications
Either of those paths can be very passive. Your best bet is to just be a money guy. Fund flips for some investors. There's always people looking for private passive money. The returns are whatever you negotiate.
Passively investing in apartment syndications sounds like a great candidate. For low ongoing time commitment. Just need to evaluate the syndicator upfront and evaluate each deal to determine whether to invest.