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Updated almost 11 years ago,
Forming a strategy versus receiving opportunitties
Hi All,
Let me start with the end in mind: I will produce a $20,000 per month passive income and $5,000,0000 net worth by March 11 of 2019.
1. I have some money to invest starting out 20k- 50k.
2. I already have a business that occupies a lot of my time and don't want to create another job for myself. I am willing to invest up to 10 hours per week to set up the real estate portfolio but would like to be systems focused.
I would love to hear some tips on what strategy to follow to produce this cash flow/ net worth result in real estate?
Anyone producing similar results or with similar goals?
Does it make since to start with a strategy or just start looking for deals that the numbers make since on?
I am blessed with a good business in financial services that allows me to support my current lifestyle so over the next 5 years I should not need to pull anything income wise from the Real Estate.
Look forward to your response,
David