1) Passive investors are hard to spot out among the typically ‘active’ RE crowd that are the majority at most local REIA meetings. Trading best practices was very difficult and I got lost in the fix and flipper group think mentally too.

Always consider the source of your advice. I think we can all agree that going to your mom/dad for financial advice may or may not be the best place to go. Sure, they may be retired, but consider the path they took to get there with different circumstances. In 2015, I started to realize that going to my local Real Estate investing group was probably not the best place for me to go. I started to pay a lot more to get into more qualified groups and conferences and I found that mostly everyone was real investors and not just Wantrepreneurs. I got even more focused and as an engineer still working the day job, I sought out groups with other investors who were primarily working professionals (doctors, lawyers, accountants, engineers). A lot of these people were a little older than me, which helped me find my highest and best use as an investor and gave me a high-level view of how to put together a holistic life plan. An example of this happened the other day when I asked my guy at the Mercedes dealership what other people do with their leases due at the expiration of their contract. Notice I would not ask that at the Honda dealership because people there don’t lease their cars. By the way I don’t know why you would want to buy a card… I did the math. The takeaway is finding people who are similar to your pedigree in terms of time/money/knowledge/network and use those as role models. Grant Cardone has a saying “who’s got my money” which I think is misinterpreted as a war cry to get out there and make money. I take it as a subtle hint to find those who have what you want and they “type” of money (active or passive).

2) Passive investing is often boring since this is not a get rich quick method of building wealth and uneventful (if things are going well there aren’t too many cool stories).

This podcast and blog are meant to distill content just to the golden nuggets for the passive Real Estate Investor.  I plan to go beyond the newbie tips that clutter the internet and cocktail parties because lets’ face it, as a passive investor your time should be spent on things that you love to do and those who are important to you (not trolling real estate internet forums or making makeshift plumbing repairs on your property).

As I get more experienced, I recognize that there are a lot of quicker ways to make a lot of money in Real Estate such as apartment investing, flipping high-end properties, or development but for the time being this is the path that I have zeroed in on. So, if you are like me, join me on this train, and if you don’t like your job and want to quit you can get on board too! We will wake you up when it’s your time to escape the rat-race.