v1.31 - Should You Do All the Work Yourself?

When you first discover passive real estate investing, a natural question emerges: “Why not just do all the work myself and make more money?” Dustin and Adam tackle this common dilemma facing passive investors.

Drawing from Adam’s hands-on experience managing Airbnb properties – including 2AM guest calls and emergency repairs – they explore the true costs of active investing beyond just the financial returns. Discussion includes the critical trade-offs between higher cash returns and time freedom, using real examples from current flip projects and rental properties.

They also introduce CPA Tom Wheelwright’s three-tier investment framework: retail (stocks), wholesale (syndications), and factory owner (direct ownership), helping investors identify where they want to position themselves based on their goals for financial and time freedom.

Key insights include why dollar-for-dollar returns might be higher with active investing, but how to evaluate whether those returns justify the opportunity costs.

See all Wealth Independence episodes at https://wealthindependencepod.com

Connect with Dustin:

• Big Spring Capital
• LinkedIn (/in/TheDustinBailey)
• Twitter/X (@TheDustinBailey)

Connect with Adam:

• Bidwell Capital
• LinkedIn (/in/AdamJPenn)

This show is for informational purposes only and is not financial, investment, legal, or tax advice, and does not constitute an offer to buy or sell securities. All investments carry risk, and investors should always conduct thorough due diligence and consult with qualified professionals before investing.