Passive Income Doesn't Work Like People Think | Chad Schieler EP 007

In this episode of Breaking Ground With Justin Goodin, Chad Schieler breaks down the truth about real estate syndications, passive real estate investing, and why multifamily continues to be one of the most attractive asset classes today.If you’ve ever wondered whether real estate is truly passive… this conversation will change how you think. We dive into the biggest misconceptions around passive investing, why most people don’t actually want to be landlords, and how multifamily investing allows busy professionals to build wealth without creating a second job. You’ll also hear how Chad approaches risk, why some investors are shifting away from heavy value-add deals, and what makes core plus multifamily investments so appealing in today’s market. Chad shares how he used his own capital for his first deals before ever raising money, what that taught him about investing, and why trust and track record matter more than any spreadsheet. We also cover: • The real difference between active vs passive real estate investing • Why real estate syndications are growing in popularity • How to properly vet a multifamily sponsor • What passive investors should look for before investing • Why overanalyzing deals keeps most people stuck • The mindset shift that separates experienced investors from beginners • How tax advantages like depreciation can benefit investors If you’re a busy professional looking to get into passive real estate investing or scale your portfolio through multifamily syndication, this episode will give you a clear framework to think bigger and invest smarter.