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 11 years ago,

User Stats

159
Posts
27
Votes
David O.
  • Property Management/ Investing
  • Kansas City, KS
27
Votes |
159
Posts

Forming a strategy versus receiving opportunitties

David O.
  • Property Management/ Investing
  • Kansas City, KS
Posted

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

Loading replies...