[Stephen Husted] (0:00 - 0:56)
Owning investment properties is not passive whatsoever. You are running businesses. Every property is a little business.
And if you think that you're going to buy investment properties and hire a couple people to kind of manage it, and you're just going to sit back, you're going to fail. There's a lot of moving parts to owning investment properties. And you have to have a very strong skillset in different aspects within the business.
You don't have to be an expert, but you do need to have some general knowledge, problem solving, management. If you're managing a full team, it's not a set it and forget it. If you want something more passive, I would suggest stocks.
Put your money in, sit back and let the company's management worry about that. But if you're going to buy investment properties, you're running a business. You got to go deep in it.
You can't drop the ball because if you drop the ball, it's going to reflect on the business and the type of properties and the tenants and everything else.
