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Is passive income a myth? It definitely is within some real estate that is pitched as passive. But there is an alternative.
Joe Schimizzi has built an incredibly successful business through commercial medical real estate. Check this out.
Is passive income a myth? It definitely is in some asset classes. This includes some real estate classes where real estate can be anything but passive. While no investment is 100% passive, there are some classes that are much closer than others. Commercial medical spaces is one such place.
Joe Schimizzi has built an incredibly successful business through commercial medical real estate investments to the point where he started a fund to do the same. The stability in this asset class is a clear example of what is possible versus traditional multifamily offerings. Listen in to hear how he brings us back to why many of us got involved in real estate in the first place... passive income!
To connect with Joe Schimizzi:
LinkedIn: https://www.linkedin.com/in/joseph-schimizzi-777b2214/
Websites:
To connect with Frank Iglesias:
https://www.frankiglesias.com/links. To partner, do business, get FREE resources or get coached by Frank, visit the links at Frank’s site, message me on social media or call/text us at 678-408-2228. I also do free introductory calls at the link below.
Joe Schimizzi is the Founder and Principal of a private equity real estate investment firm (Acquira Capital), its operating entity (Acquira Realty Holdings), and its property management firm (Acquira Property Management).
He has completed approximately $100 Million of real estate transactions to date, with approximately $60 Million of current Assets Under Management. Joe has unique experience in value creation investment strategies in the areas of Asset Repositioning, Asset Value Creation, Distressed Asset acquisitions, and Capital Market Optimization. He has over 15 years of direct real estate investment experience for personal and closely held investment portfolios. Joe created Acquira Capital to leverage private equity investments for strategic real estate acquisitions offered to passive real estate and group investors.
