Posted by camgere on November 27, 2010 at 15:49:58:
no text
Mailbox Money. Which is the MOST passive - Posted by Keith (OH)
Posted by Keith (OH) on November 27, 2010 at 11:58:02:
I’d like to hear comments on what other investors have experienced to be the most passsive RE investments of all. In my pursuit to find the most passive investment type I have always come up being more active in the investment than I would like. Lonnie Deals, rentals, flips and notes. I haven’t invested in commercial. Right now my most passive investment is a rental in the $900/month range. Haven’t heard from those folks in several months and they pay like clock work. Same with a $500/month rental. However I have a rental in the $600/month range that I can’t keep anyone in and is a real PITA.
Sometimes it seems that my flips are the most passive, although that is normally a completely active type investment. But I just tell my crew what to do and they do it, then I list it with a realtor and they do the showings. Much less time involved than showing vacant rentals, screening apps, making phone calls, advertising, etc…
Your thoughts ?
Keith
Re: Mailbox Money. Which is the MOST passive - Posted by michaela-CA
Posted by michaela-CA on December 02, 2010 at 08:55:51:
But I’d also say that the more passive the income is the more control you give up.
REIT, TIC, LP - Posted by Dave T
Posted by Dave T on December 02, 2010 at 01:33:34:
Investing in a real estate limited partnership as a limited partner or investing in a Tenant-in-common deal are not only passive income investments, but your partcipation is strictly hands off.
Investing in a real estate REIT also gives you a hands off investment
Ground Rent - Posted by jimi
Posted by jimi on November 28, 2010 at 09:49:08:
Dirt doesn’t complain or need repair.
triple net lease - Posted by David Krulac
Posted by David Krulac on November 27, 2010 at 22:40:19:
on a AAA national tenant single purpose bldg.
or
- selective cut of timber property once every 10 years.
defining passive - Posted by Kristine-CA
Posted by Kristine-CA on November 27, 2010 at 19:07:36:
I think this is a good question. My experience is that flipping is way
easier than landlording. The problem, supposedly, with flipping is that
it’s “running a business” and needs constant upkeep (marketing, etc.)
to keep the deals coming. I know many retired real estate investors
here in CA, under age 60, who are “retired” with 10s and 100s of
millions. None of them were landlords. None of their passive income
today comes from RE. But I’m in So Cal, and there was a lot of money
to be made prior to 2007.
I’ve been happiest with the notes I’ve bought, the properties I’ve sold
with seller financing and the money I’ve lent. But I haven’t found a way
to make that happen without working it just like the flipping: constant
searching for deals and marketing, etc.
I think buying for long term holds and landlording really needs to be
looked at as something that doesn’t become “passive” for a very long
time.
Re: Mailbox Money. Which is the MOST passive - Posted by michaela-CA
Posted by michaela-CA on November 27, 2010 at 13:23:12:
I’d suspect it’s notes. Or rentals, if you have a property manager.
Re: Mailbox Money. Which is the MOST passive - Posted by Mark (SDCA)
Posted by Mark (SDCA) on November 29, 2010 at 15:26:26:
“Or rentals, if you have a property manager”
Not this. Believe me I wish it were… 