30k a month net from other businesses (Where to start in Real Estate?)

[Ran-D Baldwin]

Hello, 

I generate around $30k a month net with my other companies and am looking to funnel it down into real estate. I really don't know where to start and would love to get an idea of what the next steps are. Below is the rough roadmap of what I think I'd like to do. 

Roadmap in my head: 

Scale current companies to $100k Monthly

Funnel down 70% into RE

Participate in enough deals to build out a team and create a Real estate investment business.

Invest profits back into RE 

Ideally would like to be 70% Multi-Family, 20% Vacation Rental/Airbnb, 10% Single Family. I'm ok with starting with single-family and trading up to multifamily. 

[Nathan Gesner]

Quote from @Ran-D Baldwin:

You make $30,000 a month. Why are you concerned with cash flow? If you only buy property that cash flows, you'll be competing with almost every other investor out there and it will be difficult to find deals.

You can afford what most can't. Buy nice houses in nice neighborhoods that will continue to appreciate. Make sure each home can pay for itself (mortgage, taxes, insurance, maintenance, PM, and some set aside for capex). Even if a property doesn't cash flow today, it probably will in 3-5 years as rents go up. In 30 years you will own them outright and they'll cash flow like nobody's business.