Are you a W-2 employee who wants to invest in real estate but don’t have the time? Then, listen to this conversation with Arn Cenedella about the benefits of investing as a limited partner. Some benefits Arn mentioned are cash flow, equity growth, tax advantages, and time freedom. And what he likes the most is earning mailbox money! Investing in real estate can be challenging if you’re also working a W-2 job, but it’s possible if you’re a limited partner or a passive investor.
Arn has been in the business for 44 years. He’ll explain the highs and lows of investing in multifamily, what you need to do as a passive investor, how to vet operators and deals, and how to choose the suitable asset class or market. Listen to our conversation now!
Key Points from This Episode:
“Passive investing provides those (real estate) benefits without the time commitment.” [00:06:39]
“For a passive investor, almost all of your work is before you invest. That’s when you spend the time. Once you make the investment, you can sit back. So, do your homework first before investing your hard-earned cash.” [00:12:53]
“As long as you’re prudent, and you can ride out a little turbulence, you’re going to be happy you’re on real estate.” [00:21:02]