Updated about 8 years ago on . Most recent reply
creative options for a niche
I have a fairly traditional path and currently own and manage one unit. I'm realizing I really don't want to do the day to day management of the rental. For various reasons I don't want to just hire a property manager. I also like the investment side of buy and hold to ultimately be passive income. So I'm trying to figure out how I can be involved in real estate and ultimately use it towards a few thousand dollars a month passive income but not be the one the tenants call. My first thought would be to find a business partner to do management while I work more the acquisition and office side of things. I just don't know enough to have an idea of where I need to even begin. Any suggestions are welcome.