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From Small Multifamily to Syndications: Choosing the Right Role in Real Estate — Part 2
A high income can create opportunity—but it can also leave you dependent on one job, one company, and one primary source of income.In Part 2, Michael Parks explains how he progressed from owning smaller multifamily properties to participating in larger real estate investments as both a general partner and limited partner.The biggest question is not simply:“What property should I buy?”It is:What role should I play?Active investing may require finding deals, underwriting, arranging financing, overseeing renovations, managing teams, and solving operating problems.Passive investing allows someone…
The skinny
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