Hands off real estate investment sounds like a dream. Real estate investors can kick back and relax while other people worry about the day-to-day details, leaving you to chill while the money rolls in. Right?
We hate to break it to you, but no investment comes that easily—not truly successful investments, anyway. Not the kind that come with long term, mind-blowing success and the results that you really want.
(You know the kind we’re talking about!)
No, truly successful real estate investors know that even passive investments demand work. They need input, and there’s no time to kick back and twiddle our thumbs. Even if you don’t have to be involved in the daily going-ons of your investments, risk management and due diligence are the big two that should always be top of mind.