In this episode of the Building Passive Income podcast, Wayne Courreges III delves into the world of active investing, contrasting it with passive investing. He outlines the responsibilities and risks associated with being an active investor, including the need for due diligence, capital raising, and property management. Wayne emphasizes the importance of building relationships and the challenges that come with operating real estate. He encourages listeners to evaluate their investment style and consider the benefits of both active and passive investing.
 
Takeaways

Active investing involves hands-on management and decision-making.
Building relationships is crucial for sourcing deals.
Due diligence is a time-consuming but necessary process.
Active investors face significant risks compared to passive investors.
Operating real estate can be a roller coaster of experiences.
A fiduciary responsibility exists to protect investors' interests.
Choosing between active and passive investing is a personal decision.
The amount of time invested can impact potential profits.
Passive investors benefit from the hard work of active investors.
Educational resources are available for those interested in passive investing.

Ver todos los episodios