Episode 119:
There's two ways to do real estate: active and passive. If you're into real estate because you want financial and location independence, the freedom to make an impact, time and freedom of choice, passive investing should be the path for you. To know more about this, we talk with Whitney Elkins-Hutten.
Whitney is the Director of investor education at passiveinvesting.com. She is a partner in $700M+ of real estate —including over 5000+ residential units (MF, MHP, SFR, and assisted living) and more than 1400+ self-storage units across 7 states—and experience flipping over $3.0M in residential real estate.
In today's episode, she talks to us in detail about the difference between active and passive investing. She goes deep into how to find out if you want to start a real estate business or passively invest in real estate, and the freedoms that passive investing may provide. She also shares doing one's due diligence and how to vet operators should you decide to invest passively. This is one episode you shouldn't miss!
For today’s episode we will cover:
[ 00:00 - 04:17 ] Guest Intro: Whitney Elkins-Hutten
[ 04:17 - 13:07 ] Transition to multifamily real estate
[ 13:07 - 30:07 ] Becoming director of investor education at passiveinvesting.com and its responsibilities
[ 30:07 - 42:29] Having a clear strategy and core thesis as an operator
[ 42:29 - 44:25 ] What Whitney likes to do to further her education in investing
Tweetable Quotes:
Connect With Guest:
Website: PassiveInvestingwithWhitney.com
https://www.passiveinvesting.com/whitney/
https://www.passiveinvesting.com/
LinkedIn: https://www.linkedin.com/in/whitneyelkinshutten/
Youtube: https://www.youtube.com/c/PassiveInvestingDOTcom
Instagram: https://www.instagram.com/whitneyhutten/?hl=en
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Cody Laughlin
LinkedIn: https://www.linkedin.com/in/cody-laughlin-35067660/