Most pundits say that entrepreneurship is about the hustle and grind. We’re supposed to sacrifice our lives for the sake of the business. But Mike Michalowicz argues that being an entrepreneur is not about doing the job. It’s about creating jobs. Listen in as he explains how to build a syndication business that runs itself!
I used to think there was such a thing as passive investing, but I no longer believe it exists. Rather, I don’t think that truly passive investing should exist. Today, we are going to talk about the activities that you should expect to carry out as a passive investor in multifamily real estate. Join us in the video or read on!
In a perfect world, we could syndicate a multifamily property and then sit back and wait for the checks to roll in. But in the real world, we are responsible for asset management. Today, Drew Kniffin joins me to discuss the chief aspects of the job—overseeing the property manager and communicating with investors.