Where can I passively invest $20,000 in apartments?

[Ava D.]

I have $20,000 I’d like to passively invest in multi family real estate. Where would I find somewhere to invest? Looking for apartment complexes.

[Nick B.]

Are you accredited or sophisticated investor? Based on your question, I suspect that you are neither. If that's the case it's better for you hold on to your money until you educate yourself enough to at least tell a good deal from a bad one.

But ever after that, $20K won't get you far as you're looking to get 13-16% ROI. In absolute dollars it is just $2600-3200/year. Less than half of it would come from distributions and the rest is only paid to you when the property is sold in something like 5 years.