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 4 years ago,

User Stats

9
Posts
0
Votes
Patrick Kelley
Pro Member
0
Votes |
9
Posts

Suggestions Requested on how to get $10k in Passive Income

Patrick Kelley
Pro Member
Posted

Hello All,
I joined this forum about a month ago and have enjoyed reading through and getting educated!  In a few months, I am expecting that I will have $100k to make my first real estate investment. My plan is to do buy and holds and focus on multi-families. I live in MA where properties are expensive and looking to invest out of state and potentially do turnkey - especially since I have a W2 job and do well overall financially.

I am looking for some guidance on how I turn my $100k into $10k/mo in passive income. I am patient and know it will likely take 10+years.  But, would love some guidance and/or suggestions on how to get there!  

I don’t have time to do BRRRRs and I have 4 kids so house hacking is also out.  My job is also demanding which is why I am thinking turnkey, but I am open to other suggestions. 

  • Patrick Kelley
  • Loading replies...