Whitney Elkins-Hutten walks through passive real estate investing in four steps: clarify your goals, find operators aligned with them, vet their markets for job growth and favorable tax laws, then evaluate individual deals. Know what you want before you pick where to put money.
And once we have found those operators that align with the investment strategy that you want, okay, then we're going to vet the markets they're in. Okay, I like growth markets. I'm looking for operators that are investing in high-growth markets, you know, where the jobs are growing, the population is growing, crime is trending down, tax laws are favorable. You know, if you're talking about multifamily, landlord-tenant laws are favorable. And then we're going to stack all those investing cards in your favor with the market. Now, where's the part where we start looking at individual deals. You have to know your goals. You have to then find the operator that can help you meet those goals, double-check everything about the markets that you're going to be invested in, then is the time to start looking at deal. And that's what I help people do here at passiveinvesting.com as the director of investor education.
