Episode 79: Passive Investing is Your Best Bet to Scale Up Units and Mailbox Money Without the Headaches

Real Estate Investor MBA

Financial freedom can be achieved without having to bring headaches along the way. And today’s guest, Jake Wiley, walks us through step by step how to do that ultimate goal! He talks about how important it is in real estate to have the right network to find assets and deploy your capital the right way.

In today’s episode, your limiting beliefs about investing will be reconstructed because Jake proves that you can create the right path in owning your real estate someday even if you don’t have a lot of money. He also shares how after a 16-year period, he was finally able to come up with the best way to own your real estate through Limited Partner as a vehicle. So tune in now and own, leverage, and scale up your own real estate asset today!

Remember, this is your MBA. Have a notepad handy, and get ready to take some notes!
Key Points from This Episode:

• Background of who and what Jake does.
• Books as catalysts for people to get out and do something.
• The issue that Jake has about passive investing: it’s a myth.
• Jake shares how Limited Partner’s name was molded and how it’s helping many people achieve their dream.
• Jake’s first advice: niche down.
• Jake talks about the need to have a general partner or operator that puts deals together, manages them, and takes liability for them.
• Jake dove deeper into explaining the difference between a general partner and the limited partner.
• What kind of people does Jake work with?
• What does Jake see going on for the future?

Tweetables:

“I had to learn how to raise capital to keep myself afloat really quickly, and that was a fun and interesting learning experience.” – Jake Wiley

“When there's blood in the streets, you go buy.” – Warren Buffet

“The issue that I have with buying rental real estate is that the passive income aspect is a myth.” – Jake Wiley

“The passive investing world is like this mythical place that's very reachable.” – Tejas Gosai

“You don't have to be the expert, you just have to find the experts, and then you can take what you've been doing.” – Jake Wiley

Links Mentioned:

Rich Dad Poor Dad Book

The Limited Partner Website

Jake Wiley Email

About Jake Wiley

Jake Wiley has been investing both passively and actively in real estate for the past 15 years and raising private funds for strategic value-add investments and long-term holds. He is also the host of the "Limited Partner" podcast, the only community for limited partners.