JF2632: The Key to Low-Stress, Passive Income with Randy Smith

<p><span style="font-weight: 400;">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.</span></p> <p> </p> <p><strong>Randy Smith </strong> <strong>Real Estate Background:</strong></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Manager of Business Development for a Fortune 100 financial services company</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Currently passively investing as an</span> <span style="font-weight: 400;">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)</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Based in Phoenix, AZ</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Say hi to him at:</span> <a href= "https://nam10.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.linkedin.com%2Fin%2Frandallmsmith%2F&data=04%7C01%7CLadi%40joefairless.com%7C1c61abd680824d8ef13108d9a13340f1%7Ceb07e501da1c41a4a3828b364bdf2bdc%7C0%7C0%7C637718063788420390%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&sdata=iC9%2FW%2BcJIZMcbQTK43n1%2BB5FXOr%2BbbXMkDOMKC4zjUU%3D&reserved=0"> <span style= "font-weight: 400;">https://www.linkedin.com/in/randallmsmith/</span></a></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Best Ever Book:</span> <a href= "https://www.amazon.com/gp/product/B08WWNP1QJ/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=B08WWNP1QJ&linkCo