One of the best ways to invest in real estate is passive investing. Maybe you are a busy professional or wanting to expand your investment portfolio. Maybe you are interested in becoming a real estate investor however want to learn from other successful investors. No matter what the reason, passive investing is a great way to build a portfolio that can produce steady passive cash flow.
Our guest today is someone who transitioned from the IT sector after helping to build multiple billion dollar companies to being a full time real estate investor with a portfolio valued at over $500 million. What's amazing about his journey is that he built a large portion of his portfolio while maintaining a W2 as a passive investor. His passive investing afforded him the opportunity to resign from his W2 in 2019 and allows him to now focus on being a full time real estate investor, father, and husband while also helping others to become successful passive investors as well.
In today's interview, Spencer Hilligoss discusses how he was able to build a very large passive investing business by educating and helping other investors to become passive investors. Spencer shares his fundamentals of passive investing such as how to vet a sponsorship team or operator, selecting the right market to invest in, identifying your investment criteria, understanding the return profile, and the depth of communication from the sponsors.
To learn more about Spencer, visit his website at www.madisoninvesting.com. If you want to connect with Spencer, email him at [email protected] or connect with him on LinkedIn @spencerhilligos.
Tune in next time!
