New to Real Estate and wondering what people think - 2 yr plan

[Josh Netz]

Hello,

My name is Josh Netz and I am new to real estate (Lancaster, PA). I'm not exactly sure what the end goal is per deal, but I'm hoping to find great deals then wholesale the house, fix-n-flip, and buy-n-hold few for passive income. Have been listening to a lot of people talk about real estate investing and what I've heard a bunch is starting with the end in mind and having a plan. I know I typically overestimate new ideas and am a little overoptimistic, so, here's my plan/road map and I was wondering if ya'll could let me know what you think. 

2017 - the remainder of the year, I want to learn "how to find great deals"

- successfully complete 3 deals

2018 - do 12 deals

2019 - do 24 deals

5yr goal - 4k per month in passive income through rental properties 

If anyone has any constructive feedback for that would be great, if not, then it's full steam ahead for me. 

Much appreciated,

Josh Netz 

[Jeff Gersbach]

Hey Josh.

Sounds like a sweet plan. I have similar goals. I am looking to get $6k a month to replace me and my wife's salary.

I am also new here. How are you planning to finance your first deals? Are you working now? What is your current salary?