SA467 | Diminishing W2 Income Reliance Through Passive Multifamily Investing with Randy Smith

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We're bringing an amazing guest Randy Smith on today's show to talk about the influence of his expertise in the financial services and sales arena on his decision to shift into real estate investing. Learn from his story of discovering opportunities from single-family to multifamily syndication, ideas for effective passive investing, and great insights about the current market situation in different real estate niches. Start living the life you deserve by listening to this episode!

Key Takeaways To Listen For

  • The importance of due diligence when investing in turnkey properties
  • Why it’s important to have an active income supporting your passive investments
  • Upside and downside of investing passively with an operator
  • How real estate investing can change one’s vision and goals
  • The current performance of the real estate market
  • Advice on approaching unforeseen events in the passive investing space

Resources Mentioned In This Episode

About Randy Smith

Randy Smith is a financial services representative with 25+ years of sales and sales management experience. Randy and his wife Jenny started investing in real estate in 2019 in the Turnkey space in Kansas City and quickly moved over to the BRRRR strategy in Atlanta. Randy has now shifted over to passive investing in multi-family and mobile home syndications where he holds 12 LP positions with 4 different GPs and is planning on adding storage, ATM, and bitcoin mining positions as well.

Connect with Randy

To Connect With Us

Please visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!

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