POWC # 741 - Active vs Passive Real Estate

If you own the real estate, you own a business. You need to actively participate in order for it to be successful. The risk of the business is on you and whether you have the expertise to pick the right asset, in the right location, and operate it properly. When looking at the profit to be made, consider your time and what you're worth. You can make more money if you have full control, but your time needs to be considered. Passive real estate is investing. Way less time, but it comes with no control after you make the initial investment. It really comes down to your goals. Are you looking to invest in real estate to gain passive income or are you wanting to buy a real estate business and be in charge of operations? Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus on business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers, and coaches. YouTube: www.youtube.com/c/PillarsOfWealthCreation Interested in coaching? Schedule a call with Todd at www.coachwithdex.com Listen to the audio version on your favorite podcast host: SoundCloud: https://soundcloud.com/user-650270376 Apple Podcasts: https://podcasts.apple.com/.../pillars-of.../id1296372835... Google Podcasts: https://podcasts.google.com/.../aHR0cHM6Ly9mZWVkcy5zb3VuZ... iHeart Radio: https://www.iheart.com/.../pillars-of-wealth-creation.../ CastBox: https://castbox.fm/.../Pillars-Of-Wealth-Creation... Spotify: https://open.spotify.com/show/0FmGSJe9fzSOhQiFROc2O0 Pandora: https://pandora.app.link/YUP21NxF3kb Amazon/Audible: https://music.amazon.com/.../f6cf3e11-3ffa-450b-ac8c...