real estate investing
I’m more inclined toward passive deals similar to the majority of physicians who took part in our poll. Want to know why? Here are a few reasons why doctors prefer passive investing.
Passive investing allows you to do what you do best (being a doctor) while still building up income streams to give you the freedom to do what you love (whatever you want).
Leveraging other people’s knowledge and expertise can be your greatest asset in building wealth that fast-tracks you to achieving your financial objectives.
With passive investing, you’re able to own a piece of a physical asset without doing any of the effort yourself to acquire, build, manage, and sell it.
Many of us would like to invest consistent amounts early in real estate, even when we might not have 6 figures saved up to invest. It’s possible when looking for passive deals.
Bear in mind, active real estate investing is like running a business and all that comes with it. When done correctly, the returns can definitely reflect the time and effort put into making the investment successful.
Just remember that the key to all these types of investments is understanding the due diligence necessary to find good people to invest with.