Episode notes
Randy Smith, founder of Impact Equity, shares his journey from corporate sales to full-time real estate investing. He started with single-family rentals but quickly realized the cash flow wasn't enough to replace his W-2 income. He then transitioned to investing in larger projects through syndication and fell in love with passive investing. Randy now helps other investors generate passive income by vetting operators and finding good investment opportunities. He offers three different funds: a multifamily value-add fund, a debt fund, and a short-term rental fund. His advice for passive investors is to get started and do thorough due diligence.
Keywords
Real Estate InvestingMultifamily