How do I get paid while I sleep with passive income?

Good question!

The easiest way is to purchase private company corporate income bonds. Government and municipal bonds also are possible but the returns are so low on these that you may not end up with a real rate of return after inflation is factored in.

Slightly more work is investing as a limited partner in an experienced apartment complex investor’s syndicate. However, the nice thing about this is you only need to place the money one time and for several years it can be making you money while you sleep with the potential to double in value in perhaps 3 to 7 years.

The hidden jewel or diamond that many investors miss is being a limited partner in a large (more than 100 unit) apartment complex community.

For example, you find an experienced apartment complex / community investor that is buying a 30 million apartment complex and has a contract to purchase already signed.

This investor already has been to the bank and obtained a 20 million loan but he still needs the down payment money and capex money. You simply invest with his group as a limited partner. You would invest 100,000 minimum (typically) to as much as 1,000,000+

The beauty of this is once you invest you don’t have to do anything and typically in 3 to 7 years you get your money doubled. During the holding period you also typically get distributions depending on how the deal is structured.

It is much easier than getting on the front line with tenants and toilets or trying to have a property manager interface with you and the tenants. Most people are not aware this option exists.

It also would be a good idea to split your investment into 2 or 3 different apartment investors that are buying large multifamily to provide some diversification.

You do have to know an apartment complex investor that is buying a large multifamily. These sorts of investors already have a base of investors they work with so you want to find them and approach them in the right way where you let them know you like what they are doing with investing in these other apartment complexes and you hope on their next deal they will let you invest.

I hope that helps and good luck with your investing!

Benjamin Z Miller
www.benjaminzmiller.com