Getting into rental property / real estate investments
Hello fellow investors,
Any advice on how does one get into real estate rental property investments ? I am looking for remote property management with as little headache as possible, well established management companies/websites where I can just deposit money and get passive returns ?
I have about 500k in stock market(401k + vanguard/betterment + RSUs + more). And about 250k liquid cash. At this point I am looking to diversify and get into passive income through rental properties or other means.
Still on H1b, so it has to be passive income.
Buying entire condo/rental apartments wouldn't be my first choice, rather I would probably want to start with a 100k or less first time investment. May be a share of a popular renting/airbnb spot.
Are there such companies who would just take my money, invest in a range of properties in part or full at location and property types of my choice and availability, and return me a monthly passive income ?
Would also appreciate if you can share your success stories and how you began.
TC : 410k
Yoe : 15