This BiggerPockets listener came into 400K, but has no 401(k) — is passive income from real estate the right move?

Core Insights - The discussion centers around investment strategies for generating passive income, particularly for individuals in their 50s who may have recently come into a significant amount of cash [2][3]. Investment Strategies - Washington advises against traditional real estate investments such as house flipping, rental properties, or apartment complexes for those seeking truly passive income [5][6]. - Instead, he recommends private money lending as a viable option for generating passive income, emphasizing the flexibility that comes with having $400K available for investment [6][7]. - Washington notes that while $400K may not allow for lending on multiple deals simultaneously, it is sufficient for one or two deals in smaller markets, highlighting the potential for this investment strategy [7].