When Randy Smith started his investing journey, he thought single family, turnkey homes would help reach his goals of passive income. That’s until 1 year ago when he realized multifamily and limited partnerships were the key to low-stress income. Today, Randy is talking about the main questions he asks during his due diligence process, what surprised him about passive investing, and the biggest reason he decided to make the switch.
Randy Smith Real Estate Background:
- Manager of Business Development for a Fortune 100 financial services company
- Currently passively investing as an LP in 6 different syndications including multifamily and a mobile home fund (Portfolio consists of rentals in Atlanta and Kansas City including 2 turnkey units and 3 BRRRR units)
- Based in Phoenix, AZ
- Say hi to him at: https://www.linkedin.com/in/randallmsmith/
- Best Ever Book: Lifestyle Investor by Justin Donald
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