Passive real estate syndication through self-directed IRAs or Solo 401(k)s offers a compelling alternative to traditional stock market investments. By harnessing the power of real estate, investors can benefit from steady income, potential appreciation, and risk mitigation, all while leveraging the tax advantages of retirement accounts.

Recently we closed on a 97-unit apartment community in Memphis, TN. This is one of the most iconic buildings in the city and is located in a fantastic part of town, however, the building is in C class condition, but in an excellent location, so a modern update, while keeping a historic look is necessary. The common space greats you with a decent looking entry and office, followed by a nice fitness center, but the rest of the area is a lot of wasted space and outdated. Open the unit doors and welcome a kitchen from the 80’s, flooring that is parquet, but is worn and tattered, the bathrooms are a blast right out of the 1940’s and the windows are leaky and in poor condition.

I talk with a lot of busy professionals, making a bunch of money and enjoying their jobs, that want to buy a bunch of houses, duplexes or even small apartments. That, in my opinion is a bad decision! They are going to buy themselves a new job!

Our market is shifting, and sellers are beginning to want to make a deal. Most sellers want to hold tight to their sales price. Many, however, are willing to get creative to make that happen. If you can make the numbers work for everyone, getting creative can be a great way to purchase real estate.