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Updated about 8 years ago on . Most recent reply
![Chris Pace's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/679024/1621495304-avatar-chrisp171.jpg?twic=v1/output=image/cover=128x128&v=2)
Jumping in with both feet
Hello
I'm new here and wanted to introduce myself. I'm 46 yom married with two kids. I live in Las Vegas and work for the city. I am working on my retirement plan which I would like to put into motion in 6 years. My goal is to have a passive income of $4k by Jan. 2023 I have available to me $150k in equity in my home to use, plus $50k in my 457 I can access.
I'm leaning toward buying SFR and small multi-family ( 4-plex up to 20 unit) to be able to accomplish my goal. I'm looking for some advise on how much I need to buy in the next 6 years to make this plan work, or should I be looking at other avenues? Thanks for any advice and your time for ready my post.
Most Popular Reply
![Shawn Mcenteer's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/128334/1698352152-avatar-housefinder7.jpg?twic=v1/output=image/crop=1162x1162@0x7/cover=128x128&v=2)
Chris Pace I would suggest you attend a local real estate investors meeting. Talk to others in your area to find out what is working for them. Where I live single family rentals are tough to make money on but Multis work well. It may be the opposite in Vegas. Network.
- Shawn Mcenteer
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