69. Moving Capital from Active Sources into Passive Investments: Roundtable Featuring Chris Munn and Sergio Silesky

In this episode Neel and Johnny welcome Sergio Silesky and Chris Munn to discuss different ways to deploy cash. Sergio is a business partner of Johnny and is in "cash stack" mode so all the income they are earning is getting reinvested into the business. Chris has often used his active income to invest in more passive businesses like real estate or already-running businesses doing between $1-5M in EBITDA. They also discuss: Why buying and renting out a single family home is a terrible idea (Chris calls it "a low-paying job") How syndicate deals offer people a way into better returns in real estate without having to have significant capital on hand Why having some form of passive income matters if you ever plan to retire or stop doing active businesses. Enjoy the episode!