Ep122: OUT with Your W-2 and IN with Passive Investing with Randy Smith - Part 2

Randy Smith delves into the intricacies of real estate investment, offering insights into evaluating deals, the benefits of investing during uncertain times, and the critical role of vetting operators. His extensive experience across multiple investments and operators equips him with unique insights beneficial for anyone looking to diversify their investment portfolio through real estate. For more wealth-building tips, hit play!

 

What you’ll learn from this episode

• Why now might be the right time to invest passively
• The significance of hiring proficient operators  
• Actionable tips you should follow as a real estate beginner
• Potential tax benefits of qualifying as a real estate professional
• Reasons why you should surround yourself with supportive people

 

Resources mentioned in this episode 

• GoBundance
•  This Is Marketing by Seth Godin | Kindle, Paperback and Hardcover

 

About Randy Smith 

Randy Smith is the Founder of Impact Equity, which was formed to help investors achieve strong results in their passive real estate investing strategies. Randy and Impact Equity have helped more than 100+ investors place over $7.3MM+ across three operators and 15 different opportunities since launching in June 2022.

 

Randy started his real estate investing career doing out-of-state, single-family, long-term rentals, and he quickly realized the many additional benefits he could receive by switching his strategy to passively investing in multifamily syndications. Randy has now invested in 25 different passive investments with 11 different operators, which gives him the unique knowledge and expertise to recognize a strong passive opportunity.

 

Connect with Randy

• Website: Impact Equity LLC
• LinkedIn: Randy Smith
• Podcast: The Gentle Art of Crushing It!: Apple Podcasts | Spotify

 

Connect with us

If you’re a busy professional who wants to know more about growing your wealth through real estate, contact us at TheFortressCapital.com  

• Website: Surgeon Syndicate
• LinkedIn: Michael McManus
• Instagram: @michaelmcmanusp
• Facebook: Michael McManus