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Updated about 6 years ago on .

User Stats

696
Posts
293
Votes
Calvin Ozanick
  • Property Manager
  • Janesville, WI
293
Votes |
696
Posts

Help Me Create Plan for My Real Estate Future

Calvin Ozanick
  • Property Manager
  • Janesville, WI
Posted

I am looking into starting my legitimate real estate investing. I currently make about 3k per month, while that is going to go up as a I will start collecting real estate commissions soon. My goal is to create a passive cash-flow of 25k monthly through real estate investing. How can I best get started on this path? I currently run a property management company with over 125 units and I am roughly 2 weeks away from being a licensed real estate agent in Wisconsin. 

Is it more worthwhile to chase the 15-20% returns that my clients are purchasing? Or should I be aiming for the steady 10-12% returns and building equity in those homes while letting tenants pay them down. Let me know how you people have done and which end of the spectrum you prefer. I am leaning more towards the steady cash flow with a bit more security. 

  • Calvin Ozanick
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Wisconsin Property Managers
4.7 stars
274 Reviews