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The Investor's Guide to Passive Multifamily.

Real estate is boring. This guide is where that becomes useful: how passive apartment investing actually works, what the returns come from, and what to ask before you wire a single dollar.

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What's inside

• How passive returns are actually generated — the pref, the splits, the waterfall — in plain English
• What a sponsor really does with your money once you wire it
• How depreciation, K-1s, and tax language actually work — useful, but CPA territory
• The exact questions to ask any operator before you trust them with a dollar, including me
• The red flags that should make you walk fast, no matter how nice the pitch sounds