How to Make Truly Passive Income with “Syndication” Real Estate

Episode #565 Visit PassivePockets, Your Resource for Passive Investing with Syndications: https://passivepockets.com/ Episode Show Notes: https://link.chtbl.com/Money Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?... Grab the Book on Syndication Real Estate Investing, “The Hands-Off Investor”: https://store.biggerpockets.com/produ... Property Manager Finder: https://biggerpockets.com/findapm See Mindy at BPCON2024 in Cancun! https://www.biggerpockets.com/events?... Syndications: Everything You Need to Know BEFORE You Invest w/ J Scott: https://www.biggerpockets.com/blog/bi... Connect with Jim: https://www.biggerpockets.com/users/j... Connect with Mindy: Mindy: https://www.biggerpockets.com/users/m... Passive investing is most people’s goal, especially if they’re trying to achieve FIRE. They don’t want to be weighed down by managing a dozen rental properties, an active business, or a complicated stock portfolio that requires constant check-ins. Instead, many of us want that “mailbox money,” with checks coming in without us having to do the work ourselves so we can focus on doing what we love. Sounds enticing, right? Then “syndication” real estate investing might be perfect for you. We’re thrilled to have the newest member of the BiggerPockets podcast network, Jim Pfeifer, host of "PassivePockets," on today to talk about this one investment type that changed his life. Jim has invested in over 100 syndications and has been able to reap the significant rewards of passive income, massive tax benefits, and diversification through real estate syndications. Today, he gives a beginner-friendly breakdown, touching on what a syndication is, why it’s an excellent investment for FIRE, how to vet a syndication BEFORE you invest, questions to ask a syndicator, and the unbeatable tax benefits you can get from sitting back and collecting passive income checks! Ready to make real estate returns without all the work? This one’s for you! 00:00 Intro 01:01 Syndications Explained 03:30 Better for FIRE? 07:19 How to Vet a Syndicator 13:45 Questions You MUST Ask 21:28 Interest Rate Risks 24:16 Can Anyone Invest Passively? 28:27 Passive Retirement Investing 31:00 Advice for Investors