Rental Property Investor · Toledo, OH · Member since 2018 · 309 posts · 264 votes
4y
Think syndication would be your best bet. Or you could find a partner with little capital who is willing to do all the work, tons of us out there that lack the money but have the knowledge/hustle.
Rental Property Investor · Toledo, OH · Member since 2018 · 309 posts · 264 votes
4y
Think syndication would be your best bet. Or you could find a partner with little capital who is willing to do all the work, tons of us out there that lack the money but have the knowledge/hustle.
Developer · San Antonio, TX · Member since 2019 · 176 posts · 81 votes
4y
@Barry Ratliff I am looking for private debt lenders that would lend on our ground up developments in san antonio texas. It would be a fixed return for a certain period. Would that be something you might be interested in?
Investor · Garwood, NJ · Member since 2018 · 66 posts · 66 votes
4y
Agree with @Landon Bleau - if you want truly hands-off, low involvement real estate investing opportunities, syndication is the way. One of my syndication partners is based in TX, and he works on deals locally, but the beauty of syndication is being able to get involved in other markets (that may have better returns) too - he does a lot in Cleveland as well.
Looking to invest in low involvement real estate passive income strategies in Texas.
Of course syndication would be the most hands off if you want vs highest return. I also like note investing and platforms like Fundrise that returned around 22% last year.
@Barry Ratliff what strategies have you come across having been in the business yourself since 1986?
Unfortunately I did not plan. Starting in new home sales rising to VP of sales and marketing for local builder for 13 years, then starting own real estate company(1000+ transactions), home building(400+ homes) and land developing(300+ lots) for 11 years, mortgages(40+) for 3yrs, self brokerage sales along with fix and flips(60+ flips) to present. Going through 3 recessions in that timeline, I would have set backs along the way. Never owned rentals due to using capital to buy land and build my businesses. With the mortgage crisis in 08, I liquidated all my assets to pay off all my creditors, suppliers and other liabilities and basically started over. In last 4 years of fix and flips along with wholetaling, I have made more $ on my own with good cash reserves to pay cash or JV with other investors to buy property with cash along with brokering real estate. Now I am seeing that I need passive income to not work as hard to maintain my current lifestyle and enjoy assets I have along with vacationing and not worry about being unemployed every time I sell a property to find another to fix and flip. Would much rather have some balance. Now at age 61, I missed the boat years ago to plan for what I need today. I have many examples of generating income but none passively. Hope I didnt bore you.
Investor · TX · Member since 2020 · 57 posts · 60 votes
4y
I have been passively investing in low involvement RE in Texas for for the last 8 years. Over 20+ CRE deals with 7+ syndicators - yield plays, value add, deep value add, and developments. 6 went full cycle in the last 2yrs, all exceeded projected returns. Texas is an amazing market for these types of deals. Lots of out of state money flowing into these types of assets. Sent you a PM so we can connect and I can get you in contact with some folks in the market that I have invested with.
Real Estate Broker · Coppell, TX · Member since 2011 · 5k+ posts · 4k+ votes
4y
@Barry Ratliff WOW what a history and wealth of knowledge....you'd be a fantastic speaker at any investment club.
If you are accredited, then I would be looking at syndications.....NNN, apartments, storage, industrial warehouses....that's the passive part.
Almost everything everyone else says is passive is probably really active....even these activities above can be somewhat active until you hand over your money.
Real Estate Syndicator · Milwaukee, WI · Member since 2018 · 1k+ posts · 907 votes
4y
As others have pointed out, investing as an LP in a syndication can be a good route. Plenty of great syndicators doing deals in TX. I'd suggest connecting with a few different operators in your target market and doing deep DD on all of them. Review the deals they are doing, and cherry pick the ones you like the best. Every deal generally has a different risk vs return matrix on these syndication deals.
Real Estate Broker · Austin, TX · Member since 2012 · 1k+ posts · 1k+ votes
4y
REIT's are also incredibly passive too. I like good sfr's and turn it over to property manager. That has been super passive cash flow for me. Tenants tend to stay in the houses for quite some time and many take care of the issues themselves.
Rental Property Investor · Denver, CO · Member since 2019 · 78 posts · 66 votes
4y
@Barry Ratliff I’ve had good success with Fort Capital in Texas. They focus on light industrial and could be one asset class and geography worth looking into. DYOR
Commercial Real Estate Fund Manager · Lynchburg, VA · Member since 2015 · 1k+ posts · 1k+ votes
4y
Hey @Barry Ratliff. Great question. I recommend you vet syndicators and/or funds and invest with them. First I would get @Brian Burke‘s BP book The Hands-Off Investor. This book will teach you how to vet syndicators and deals.
Then I would visit Jim Pfeifer’s Left Field Investors and Ian Ippolito’s Real Estate Crowdfunding Review to get reviews and information about lots of specific syndicators and deals. Happy Investing!