Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 3 years ago, 01/18/2022

User Stats

15
Posts
9
Votes
Keri Mallozzi
  • Investor
  • Fairfield County, CT
9
Votes |
15
Posts

Newbie investor here and would love some advice-TIA

Keri Mallozzi
  • Investor
  • Fairfield County, CT
Posted

I am currently looking into building a portfolio of condo units for retirement cash flow/passive income.  I currently have 3 making a few hundred a unit.  My question is I have good amount of money right now and can purchase 1 unit out right and make about $1300 on it monthly or should I spread it out and take out mortages and purchase 3 or 4 which will make me a few hundred each door? Trying to figure out the best way to build a quick portfolio that will give me 10-15k a month in 8-10 years.  I love reading all the forum posts and I see many different approaches. Any feedback and advice for this newbie would be greatly appreciated. Thank you so much!

Loading replies...