Welcome to passive real estate investing, the show where busy people like you learn

how to build substantial passive income while creating wealth for the long term.

And now here's your host, Marco Santorelli.

Hello and welcome to another episode of Now here's your host, Marco Santorelli.

Hello and welcome to another episode of Ask Marco,

where I answer your investing related questions.

Today's question is a good one, and it comes from Billy and Billy says hi Marco love the

podcast great stuff for sure quick personal background I'm 30 some years old and live in

Vale Colorado I have an undergrad degree in architecture and a master's in

real estate and construction management. I have been working for a real estate

developer here in the Vale Valley for eight years now. Ever since I finished grad school I've

been very interested in developing a passive real estate portfolio. Our real estate

values and rent to value ratios in Vale resemble the California coastal markets if not more expensive and

imbalance therefore investing locally is not an option I feel your pain

I have been doing a lot of research about investing in other markets and agree that this is very

possible with the right research analysis and working with the right team.

And you're absolutely correct about that.

I understand that buying $100,000 properties is a great way to start,

but I'm wondering what you would suggest if you have a lot more money to invest and would like to build a portfolio

a little bit quicker. For conversation sake, let's say you had $1 million. Do you think buying $100,000-ish homes is the most efficient and viable way to go about creating passive income and are there

other strategies you like more in this scenario. Thanks for your time. I look

forward to hearing back from you. Billy. Well Billy I hope you don't mind me answering your question here on the

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