{"id":5957,"date":"2022-06-30T06:05:57","date_gmt":"2022-06-30T13:05:57","guid":{"rendered":"https:\/\/bonavestcapital.com\/podcast\/?p=5957"},"modified":"2022-08-10T11:37:51","modified_gmt":"2022-08-10T18:37:51","slug":"sa467","status":"publish","type":"post","link":"https:\/\/bonavestcapital.com\/podcast\/sa467\/","title":{"rendered":"SA467 | Diminishing W2 Income Reliance Through Passive Multifamily Investing with Randy Smith"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"5957\" class=\"elementor elementor-5957\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-292ccb3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"292ccb3\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;shape_divider_bottom&quot;:&quot;waves&quot;,&quot;shape_divider_bottom_negative&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" aria-hidden=\"true\" data-negative=\"true\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M790.5,93.1c-59.3-5.3-116.8-18-192.6-50c-29.6-12.7-76.9-31-100.5-35.9c-23.6-4.9-52.6-7.8-75.5-5.3\n\tc-10.2,1.1-22.6,1.4-50.1,7.4c-27.2,6.3-58.2,16.6-79.4,24.7c-41.3,15.9-94.9,21.9-134,22.6C72,58.2,0,25.8,0,25.8V100h1000V65.3\n\tc0,0-51.5,19.4-106.2,25.7C839.5,97,814.1,95.2,790.5,93.1z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-307f24d1\" data-id=\"307f24d1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0a212e3 elementor-widget elementor-widget-heading\" data-id=\"0a212e3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">SA467 | Diminishing W2 Income Reliance Through Passive Multifamily Investing with Randy Smith\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ffe13ee elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ffe13ee\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7eaef7d\" data-id=\"7eaef7d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a472c76 elementor-widget elementor-widget-html\" data-id=\"a472c76\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"buzzsprout-player-10880097\"><\/div><script src=\"https:\/\/www.buzzsprout.com\/1368325\/10880097-sa467-diminishing-w2-income-reliance-through-passive-multifamily-investing-with-randy-smith.js?container_id=buzzsprout-player-10880097&player=small\" type=\"text\/javascript\" charset=\"utf-8\"><\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-885b712 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"885b712\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f935bc0\" data-id=\"f935bc0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-900619c elementor-widget elementor-widget-html\" data-id=\"900619c\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\r\n\t<div id=\"podcast-subscribe-button-1033\" class=\"secondline-psb-radius-style secondline-psb-alignment-none\">\r\n\t\t\r\n\r\n<div class=\"secondline-psb-subscribe-icons\"><span class=\"secondline-psb-subscribe-iTunes\"><a title=\"iTunes\" onMouseOver=\"this.style.color=`#000000`; 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this.style.backgroundColor=`#ffffff`\" onMouseOut=\"this.style.color=`#1e73be`; this.style.backgroundColor=`#ffffff`\" style=\"color:`#1e73be`; background-color:`#ffffff\" class=\"button podcast-subscribe-button\" href=\"https:\/\/podcasts.google.com\/feed\/aHR0cHM6Ly9mZWVkcy5idXp6c3Byb3V0LmNvbS8xMzY4MzI1LnJzcw==\" target=\"_blank\"><img decoding=\"async\" class=\"secondline-psb-subscribe-img\" src=\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/plugins\/podcast-subscribe-buttons\/assets\/img\/icons\/Google-Podcasts.png\" alt=\"Google Podcasts\"  \/><\/a><\/span><\/div>                                       \r\n\t\t\r\n\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b450702 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b450702\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-b6cec80\" data-id=\"b6cec80\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-aef4eb9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"aef4eb9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-c8cc6a4\" data-id=\"c8cc6a4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7dd376f elementor-widget elementor-widget-image\" data-id=\"7dd376f\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"768\" src=\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2022\/06\/SA467-Randy-Smith-Square-Promo-Image-768x768.png\" class=\"attachment-medium_large size-medium_large wp-image-5959\" alt=\"\" srcset=\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2022\/06\/SA467-Randy-Smith-Square-Promo-Image-768x768.png 768w, https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2022\/06\/SA467-Randy-Smith-Square-Promo-Image-300x300.png 300w, https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2022\/06\/SA467-Randy-Smith-Square-Promo-Image-1024x1024.png 1024w, https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2022\/06\/SA467-Randy-Smith-Square-Promo-Image-150x150.png 150w, https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2022\/06\/SA467-Randy-Smith-Square-Promo-Image.png 1080w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-022db59\" data-id=\"022db59\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ae2d8fa elementor-widget elementor-widget-heading\" data-id=\"ae2d8fa\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Randy Smith<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f00186b elementor-widget elementor-widget-text-editor\" data-id=\"f00186b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>We&#8217;re bringing an amazing guest Randy Smith on today&#8217;s show to talk about the influence of his expertise in the financial services and sales arena on his decision to shift into real estate investing. Learn from his story of discovering opportunities from single-family to multifamily syndication, ideas for effective passive investing, and great insights about the current market situation in different real estate niches. Start living the life you deserve by listening to this episode!<\/p><p><b>Key Takeaways To Listen For<\/b><\/p><ul><li>The importance of due diligence when investing in turnkey properties<\/li><li>Why it\u2019s important to have an active income supporting your passive investments<\/li><li>Upside and downside of investing passively with an operator<\/li><li>How real estate investing can change one\u2019s vision and goals<\/li><li>The current performance of the real estate market<\/li><li>Advice on approaching unforeseen events in the passive investing space<\/li><\/ul><p><b>Resources Mentioned In This Episode<\/b><\/p><ul><li><a href=\"https:\/\/www.biggerpockets.com\/\" target=\"_blank\" rel=\"noopener\">BiggerPockets<\/a><\/li><li><a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/the-real-estate-guys-radio-show-real-estate-investing\/id194167775\" target=\"_blank\" rel=\"noopener\">The Real Estate Guys Radio Show<\/a><\/li><li><a href=\"https:\/\/bonavestcapital.com\/checklist\/\" target=\"_blank\" rel=\"noopener\">Free Apartment Syndication Due Diligence Checklist for Passive Investor<\/a>\u00a0<\/li><\/ul><p><b>About Randy Smith<\/b><\/p><p>Randy Smith is a financial services representative with 25+ years of sales and sales management experience. Randy and his wife Jenny started investing in real estate in 2019 in the Turnkey space in Kansas City and quickly moved over to the BRRRR strategy in Atlanta. Randy has now shifted over to passive investing in multi-family and mobile home syndications where he holds 12 LP positions with 4 different GPs and is planning on adding storage, ATM, and bitcoin mining positions as well.\u00a0<\/p><div class=\"elementor-element elementor-element-f00186b elementor-widget elementor-widget-text-editor\" data-id=\"f00186b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\"><div class=\"elementor-widget-container\"><div class=\"elementor-text-editor elementor-clearfix\"><div data-controller=\"convert-links-to-open-in-new-tab\" data-target=\"tabs.panel\" data-tabs-panel=\"description\"><div class=\"elementor-element elementor-element-f00186b elementor-widget elementor-widget-text-editor\" data-id=\"f00186b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\"><div class=\"elementor-widget-container\"><div class=\"elementor-text-editor elementor-clearfix\"><div data-controller=\"convert-links-to-open-in-new-tab\" data-target=\"tabs.panel\" data-tabs-panel=\"description\"><p>\u2014<\/p><p><b>To Connect With Us<br \/><\/b>Please visit our website:\u00a0<a href=\"https:\/\/bonavestcapital.com\/podcast\/\">www.bonavestcapital.com<\/a>\u00a0and please click\u00a0<a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/how-did-they-do-it-real-estate\/id1532853594\">here<\/a>, to leave a rating and review!<\/p><p><b>Sponsors<br \/><\/b><\/p><p><b><em>Grow Your Show, LLC<\/em><\/b><\/p><p><em>Thinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?<br \/>Visit\u00a0<\/em><a href=\"https:\/\/growyourshow.com\/\" target=\"_blank\" rel=\"noopener\"><em>GrowYourShow.com<\/em><\/a><em>\u00a0and Schedule a call with Adam A. Adams.<\/em><\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c263d61 elementor-widget elementor-widget-heading\" data-id=\"c263d61\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Connect with Randy:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-79bf548 elementor-widget elementor-widget-text-editor\" data-id=\"79bf548\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>LinkedIn:\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/randallmsmith\/\" target=\"_blank\" rel=\"noopener\">Randall (Randy) Smith<\/a>\u00a0<\/li><li>Instagram:\u00a0<a href=\"https:\/\/www.instagram.com\/salesguyinvestor\/\" target=\"_blank\" rel=\"noopener\">@salesguyinvestor<\/a><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4024983 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4024983\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-384b0e8\" data-id=\"384b0e8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-780c7b8 elementor-widget elementor-widget-heading\" data-id=\"780c7b8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Share this episode:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-34855cd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"34855cd\" data-element_type=\"section\" data-settings=\"{&quot;shape_divider_bottom&quot;:&quot;tilt&quot;}\">\n\t\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" aria-hidden=\"true\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M0,6V0h1000v100L0,6z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container 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elementor-col-100 elementor-top-column elementor-element elementor-element-3d19a37\" data-id=\"3d19a37\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e282568 elementor-widget elementor-widget-spacer\" data-id=\"e282568\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2a241e0 elementor-widget elementor-widget-heading\" data-id=\"2a241e0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Related Episodes<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7dc5cd7 elementor-widget elementor-widget-spacer\" data-id=\"7dc5cd7\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>SA467 | Diminishing W2 Income Reliance Through Passive Multifamily Investing with Randy Smith Randy Smith We&#8217;re bringing an amazing guest Randy Smith on today&#8217;s show to talk about the influence of his expertise in the financial services and sales arena on his decision to shift into real estate investing. Learn from his story of discovering [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":5958,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[8],"tags":[],"class_list":["post-5957","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-podcast"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SA467 | Diminishing W2 Income Reliance Through Passive Multifamily Investing with Randy Smith - Bonavest Capital<\/title>\n<meta name=\"description\" content=\"We\u2019re bringing an amazing guest Randy Smith on today\u2019s show to talk about the influence of his expertise in the financial services and sales arena on his decision to shift into real estate investing. Learn from his story of discovering opportunities from single-family to multifamily syndication, ideas for effective passive investing, and great insights about the current market situation in different real estate niches. Start living the life you deserve by listening to this episode!Key Takeaways To Listen ForThe importance of due diligence when investing in turnkey propertiesWhy it\u2019s important to have an active income supporting your passive investmentsUpside and downside of investing passively with an operatorHow real estate investing can change one\u2019s vision and goalsThe current performance of the real estate marketAdvice on approaching unforeseen events in the passive investing spaceResources Mentioned In This EpisodeBiggerPocketsThe Real Estate Guys Radio ShowFree Apartment Syndication Due Diligence Checklist for Passive Investor About Randy SmithRandy Smith is a financial services representative with 25+ years of sales and sales management experience. Randy and his wife Jenny started investing in real estate in 2019 in the Turnkey space in Kansas City and quickly moved over to the BRRRR strategy in Atlanta. Randy has now shifted over to passive investing in multi-family and mobile home syndications where he holds 12 LP positions with 4 different GPs and is planning on adding storage, ATM, and bitcoin mining positions as well. \u2014To Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorsGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams.Connect with Randy:LinkedIn: Randall (Randy) Smith Instagram: @salesguyinvestor\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bonavestcapital.com\/podcast\/sa467\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SA467 | Diminishing W2 Income Reliance Through Passive Multifamily Investing with Randy Smith - Bonavest Capital\" \/>\n<meta property=\"og:description\" content=\"We\u2019re bringing an amazing guest Randy Smith on today\u2019s show to talk about the influence of his expertise in the financial services and sales arena on his decision to shift into real estate investing. Learn from his story of discovering opportunities from single-family to multifamily syndication, ideas for effective passive investing, and great insights about the current market situation in different real estate niches. Start living the life you deserve by listening to this episode!Key Takeaways To Listen ForThe importance of due diligence when investing in turnkey propertiesWhy it\u2019s important to have an active income supporting your passive investmentsUpside and downside of investing passively with an operatorHow real estate investing can change one\u2019s vision and goalsThe current performance of the real estate marketAdvice on approaching unforeseen events in the passive investing spaceResources Mentioned In This EpisodeBiggerPocketsThe Real Estate Guys Radio ShowFree Apartment Syndication Due Diligence Checklist for Passive Investor About Randy SmithRandy Smith is a financial services representative with 25+ years of sales and sales management experience. Randy and his wife Jenny started investing in real estate in 2019 in the Turnkey space in Kansas City and quickly moved over to the BRRRR strategy in Atlanta. Randy has now shifted over to passive investing in multi-family and mobile home syndications where he holds 12 LP positions with 4 different GPs and is planning on adding storage, ATM, and bitcoin mining positions as well. \u2014To Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorsGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams.Connect with Randy:LinkedIn: Randall (Randy) Smith Instagram: @salesguyinvestor\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bonavestcapital.com\/podcast\/sa467\/\" \/>\n<meta property=\"og:site_name\" content=\"Bonavest Capital\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Bonavest-Capital-101715108369538\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-30T13:05:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-10T18:37:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2022\/06\/SA467-Randy-Smith-Rect-Thumbnail.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Team Bonavest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Team Bonavest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa467\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa467\/\"},\"author\":{\"name\":\"Team Bonavest\",\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/#\/schema\/person\/aa56bd3b0ab2713d39d56bfa8e9ee83e\"},\"headline\":\"SA467 | Diminishing W2 Income Reliance Through Passive Multifamily Investing with Randy Smith\",\"datePublished\":\"2022-06-30T13:05:57+00:00\",\"dateModified\":\"2022-08-10T18:37:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa467\/\"},\"wordCount\":345,\"publisher\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/#organization\"},\"image\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa467\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2022\/06\/SA467-Randy-Smith-Rect-Thumbnail.png\",\"articleSection\":[\"Podcast\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa467\/\",\"url\":\"https:\/\/bonavestcapital.com\/podcast\/sa467\/\",\"name\":\"SA467 | Diminishing W2 Income Reliance Through Passive Multifamily Investing with Randy Smith - Bonavest Capital\",\"isPartOf\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa467\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa467\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2022\/06\/SA467-Randy-Smith-Rect-Thumbnail.png\",\"datePublished\":\"2022-06-30T13:05:57+00:00\",\"dateModified\":\"2022-08-10T18:37:51+00:00\",\"description\":\"We\u2019re bringing an amazing guest Randy Smith on today\u2019s show to talk about the influence of his expertise in the financial services and sales arena on his decision to shift into real estate investing. Learn from his story of discovering opportunities from single-family to multifamily syndication, ideas for effective passive investing, and great insights about the current market situation in different real estate niches. Start living the life you deserve by listening to this episode!Key Takeaways To Listen ForThe importance of due diligence when investing in turnkey propertiesWhy it\u2019s important to have an active income supporting your passive investmentsUpside and downside of investing passively with an operatorHow real estate investing can change one\u2019s vision and goalsThe current performance of the real estate marketAdvice on approaching unforeseen events in the passive investing spaceResources Mentioned In This EpisodeBiggerPocketsThe Real Estate Guys Radio ShowFree Apartment Syndication Due Diligence Checklist for Passive Investor About Randy SmithRandy Smith is a financial services representative with 25+ years of sales and sales management experience. 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Learn from his story of discovering opportunities from single-family to multifamily syndication, ideas for effective passive investing, and great insights about the current market situation in different real estate niches. Start living the life you deserve by listening to this episode!Key Takeaways To Listen ForThe importance of due diligence when investing in turnkey propertiesWhy it\u2019s important to have an active income supporting your passive investmentsUpside and downside of investing passively with an operatorHow real estate investing can change one\u2019s vision and goalsThe current performance of the real estate marketAdvice on approaching unforeseen events in the passive investing spaceResources Mentioned In This EpisodeBiggerPocketsThe Real Estate Guys Radio ShowFree Apartment Syndication Due Diligence Checklist for Passive Investor About Randy SmithRandy Smith is a financial services representative with 25+ years of sales and sales management experience. Randy and his wife Jenny started investing in real estate in 2019 in the Turnkey space in Kansas City and quickly moved over to the BRRRR strategy in Atlanta. Randy has now shifted over to passive investing in multi-family and mobile home syndications where he holds 12 LP positions with 4 different GPs and is planning on adding storage, ATM, and bitcoin mining positions as well. \u2014To Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorsGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams.Connect with Randy:LinkedIn: Randall (Randy) Smith Instagram: @salesguyinvestor","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bonavestcapital.com\/podcast\/sa467\/","og_locale":"en_US","og_type":"article","og_title":"SA467 | Diminishing W2 Income Reliance Through Passive Multifamily Investing with Randy Smith - Bonavest Capital","og_description":"We\u2019re bringing an amazing guest Randy Smith on today\u2019s show to talk about the influence of his expertise in the financial services and sales arena on his decision to shift into real estate investing. Learn from his story of discovering opportunities from single-family to multifamily syndication, ideas for effective passive investing, and great insights about the current market situation in different real estate niches. 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