Derek Horn, an explosive ordinance disposal expert in the Air Force, shares how he accidentally got into real estate investing by purchasing his first home. He grew his portfolio through a family deal, and eventually invested passively by partnering with a syndicator. Derek provides unique insights into considerations military members face when investing remotely, utilizing property managers, and thinking long-term about financial freedom.Timestamps[00:00] Introduction to Derek Horn's background[07:35] Buying his first investment property by accident[08:53] Growing his portfolio through a family deal[13:15] Partnering with a syndicator for passive investing[23:19] Dealing with evictions as a remote investor[27:57] Managing property managers as a remote investor[34:14] Hosting a group for military passive investorsKey TakeawaysDerek started investing by accident when he purchased a home to remodel and rent out. This led to buying more properties in different locations during military moves.Partnering with family on a property deal allowed Derek to quickly scale up his portfolio. Family deals can provide opportunities not available on the open market.Investing remotely from overseas locations like Japan limits options for finding deals, leading Derek to partner with a syndicator for passive investing opportunities.As a remote investor, hiring property managers is helpful but does not make investing completely passive. Managing the managers is an ongoing task.Derek hosts a group for military members interested in passive investing. This provides invaluable networking and the ability to discuss military-specific investing considerations.Resources & Social MediaActive Duty Passive Income Group: https://www.facebook.com/ActiveDutyPassiveIncomeFollow Us on Social MediaYouTube: Truly Passive IncomeTikTok: @trulypassiveincomeInstagram: @truly_passive_incomeFacebook: Truly PassiveTwitter: @trulypassiveDownload Our FREE Passive Investor ToolkitEverything you need to get started in passive investinghttps://trulypassiveincome.com/toolkit/Mentioned in this episode:Sponsored by Nomad CapitalLooking to invest in self-storage? Nomad Capital converts vacant big-box retail spaces across the Southeast into climate-controlled storage, with a target of 20% annual returns. Our fund combines low leverage and high depreciation for strong growth and valuable tax benefits. By buying properties at deep discounts, we often achieve break-even at just 40% occupancy. Join a proven model in a resilient asset class that continues to deliver, even in today’s market. Learn more at nomadcapital.us/tpi. Accredited investors only.

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