How my family builds wealth passively through real estate

 How my family builds wealth passively through real estate

There is no mistake about it: the job market is erratic at best. Companies are in business one minute and unfortunately shut their doors the next minute, leaving some with pensions or IRAs that will stagnate if left alone.  In today’s world, taking care of our future is more important now than ever, and therefore, passive wealth creation and opportunities should be explored.  Generating any type of passive income now is becoming more important than ever.  With the state of the world though, counting on the typical means of generating passive income, such as stocks and funds, may still be a viable part of your investment strategy, however, let’s not limit ourselves from exploring new and often better opportunities.  Sometimes perhaps we have not heard before about such opportunities, and hence exploring them could indeed be beneficial to a financial portfolio for future retirement or investment savings.  The bottom line is that diversification is still the essential part of building wealth.

My name is Alina Trigub and I immigrated to the United States nearly 30 years ago. I graduated from City University of New York, established a corporate career, married a wonderful individual and built a beautiful family.  Still, the idea of being my own boss and generating income for myself and my family through my own efforts always remained a passion.  I am very independent and enterprising, so I mulled over how I could possibly sustain myself independently outside of a typical job.   I pursued this initially through investments in Real Estate Syndications, which simply put, is a group of individuals pooling their funds to collectively purchase properties, which are commonly apartment complexes, but could be other commercial assets and reaping profits on a regular basis.  I always had a penchant for investing and particularly for investing in real estate.  I will admit that I had to undertake quite a ramp-up of knowledge gathering first, and that the road towards success was not smooth at times.  But these zigzags occur with any investment venture or change of focus in life.  

I entered real estate investing slowly by dipping my toes into the water at first through small ventures.  As an immigrant to the United States, I wanted to take caution, and therefore I took my time to learn how to invest wisely and as securely as possible. The first couple of years required a lot of my time as I tried out various theories of investing on my own while holding down a full-time corporate position. That time period in my life required every waking minute for my full-time corporate career, and just as much time for real estate investing.


I did not immediately cut off my steady income to jump into real estate investing; that to me seemed foolish.


While it was a grueling path, I now have a significant portion of our portfolio in real estate through syndication investments.  Also, my immense enjoyment of syndication investing in real estate is contagious, and I now proudly assist others in learning about these ventures.  I love helping others and this suits my personality and my interests.  Each day I fall more in love with my new real estate syndication adventure!

Obviously, a team mentality works much better than being a single investor, but this did not occur to me initially.  It sunk in after several years of hands-on investing and research into real estate before I stumbled upon what I consider this gem of creating passive income. With the support of my husband, and of course, my precious children, this is now all I do, and the rewards have been very worthwhile. I have now acquired enough knowledge, experience, and success to have committed to a joint venture with a new team where we are building diversified funds and offering others to invest with us to have an immediate diversification through our family of funds.  Having my own means of creating passive income, allowed me to meet other like-minded investors and enjoy what I do also.  Being together with others who undertook a similar journey, enterprising individuals that think alike and love what they do is very rewarding in its own right!  This has added immensely not only to the enjoyment of my passion, but to the overall bottom line. 


Patience is indeed a virtue in syndicated real estate investing, as no type of investment pays out immediately without expending time and effort into it.


I immigrated to the United States from a country that openly persecuted people like me; I have lived through difficult situations before and after that ordeal, and my love of real estate syndication investing has greatly contributed to the realization of my American Dream! I can take this business with me wherever I live and work around my own schedule.  I do encourage others to research this type of investing, as the real estate market, although having its ups and downs, is now exploding. 

That is not to say there is no risk.  All investments have a spectrum of risks and some upsurges and downsides.  But as an investment, passive real estate syndication is less risky than other types of investments. Especially considering investing in a diversified real estate portfolio that includes some of the more recession-resistant real estate asset types. Furthermore, as with all investments, syndications also require capital to get started. Plus, you have to qualify in most cases as an accredited investor to even be eligible to be considered to invest in a syndication. An accredited investor is one that meets certain income or net worth criteria.  Saving enough to get started or being able to tap into other funding sources, such as life insurance or self-directed IRA is a necessity.  A person can start as small or as large as they can afford, but there is an initial investment. Most crowdfunding online platforms allow starting with as little as $500. However, when starting outside of a crowdfunding platform, a more common investment minimum is $50,000.  The minimum usually increases proportionally with an operator’s experience. And that makes sense, as the projects that the operator would plan to acquire will also increase over time.   As I mentioned earlier, keep in mind that real estate syndication projects require somewhat longer commitment: do not expect a quick payout.


To break it down, multi-family (along with numerous other asset types) syndication investments can and do provide passive income for my family and other investors.  But the time, money, and personal commitment must be in place to achieve the end goal of steady passive income.


I love real estate syndication investing, and I have done well with it, and if anyone would like to learn more about real estate syndication investments or specifically about the family of funds that we are offering now, feel free to fill out this contact form to connect with me.  If you are qualified, we will reach out, and provide advice and knowledge on this type of investment and assist in discovering whether passive real estate syndication investing is right for you!

To Your Success and the American Dream!

Alina

 

 

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