I need guidance .

[Joseph Willis]

I’m 19 years old. I own a landscape construction company starting at age 13. I finally grew some balls and bought my first rental property cash back in April of 2023, completely rehabbed and plan on renting it out. I bought my second property in the same building cash for a steal IMO at $28,500. However, I am critically low on money. I have $20k in stocks and only about $30-40k max left to my name (including my stocks in that figure). 

My question is, I want to have a portfolio of about 50 properties by age 30. With a net cash flow of about $30,000/month (which may be unrealistic.. I’m a newbie) and $100k/month net passive income by age 40. I have two properties with no mortgage that will bring about $21,000 in net income annually after expenses. How do I utilize my current position financially and with my assets to grow my portfolio to my goal of $30,000 in net passive income? Am I investing incorrectly by paying cash? I need guidance!!!

Between my personal and business expenses, I have about $7k/month in overhead. I was able to reduce that by airbnbing my DT apartment and renting out one of my cars on Turo. So, it’s about $4800/month