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Investing in real estate is one of the best ways to generate passive income and, ultimately, reach financial independence. In this episode, Peter will discuss options for your real estate side hustle so you can generate income outside of your day job.
If you’ve been interested in real estate investing but haven’t known where to start, one great way to test the waters is by using real estate as a side hustle.
If complete financial independence is your goal, a side hustle can fast-track your journey by providing streams of passive income.
Listen to Passive Income M.D. Episode #113 to learn more…
The Financial Freedom Through Real Estate Conference (PIMDCON 2022) is a curated, high-yield event designed specifically for physicians and high-income professionals.
PIMDCON 2022 will give you the strategies you need to invest with confidence from people who have already done it themselves! You will have access to Real Estate Strategies By Doctors For Doctors.
The conference will also provide wisdom and insight into navigating real estate investing in today’s volatile environment.
September 23rd – 25th, 2022
SECURE YOUR SEAT TODAY!
- Real Estate Crowdfunding
- Real Estate Investment Trust (REITs)
- Real Estate as a Side Hustle
- World of Syndication
Here’s a breakdown of how this episode unfolds…
[2:26]
Real estate crowdfunding is when many investors come together and invest in a property (single-family, multi-family, commercial, etc.) by combining their capital. This is all facilitated by a third-party online platform. Essentially, you are the bank offering a loan; you agree to certain terms and receive a monthly distribution.
To learn more about crowdfunding, go to:
[5:00]
With Crowdfunding platforms, there are risks. It is important for you to do the proper due diligence yourself to understand and recognize as you look into these platforms for you to find the right place and opportunities that fit your portfolio.
To learn more about crowdfunding, go to:
[6:01]
REITs are essentially a fund that includes many diverse real estate assets, both public and private. For public REITs, you’ll find them on the public stock market to buy stocks, for example Fidelity, Ameritrade, Robinhood, etc. Basically, you are investing in a company who purchases real estate. Private REITs are found in crowdfunding companies who will own and manage properties under one umbrella called “PRIVATE REIT”.
To learn more about REITs, go to:
[9:28]
If you have seen “property brothers” you are familiar with “fix and flip.” This process includes purchasing a fixer-upper, improving it by expending your time and creative energy, and then selling it for a higher profit. While it works for some, the downside is that it can become a second full-time job! Fixer uppers are an intensive side hustle, yet the returns can be sizable when you find the right properties.
To learn more about “fix and flip,” go to:
[14:34]
A syndication is the pooling of capital to invest in a real estate opportunity (similar to crowdfunding). Syndications are usually only open to accredited investors.
A syndication is facilitated by a “sponsor,” who vets a real estate deal, acquires funds from investors, and then purchases, manages, and operates the property. As an investor, you simply collect the payouts.
To learn more about syndications, go to:
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