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Updated almost 3 years ago,
Plan to passive income +$3,500 a month.
Hello,
I am in the process of purchasing my first home. I live in the Phx area, (City of Maricopa). After I close I am looking at purchasing my next investment to start this process of passive income. Im looking for some guidance or a mentor that has done this that could help me layout a game plan on next steps.
My goal is to get to $3,500 a month in passive income. That is my freedom number. Of course, I would like to see this number grow to well beyond 5k, 10k+ a month.
I've read a lot of prior post on here from what others are doing and their goals. However, Im looking for someone that is actively doing this in this market we're in. I have even considered buying rentals in the Carolinas.
I listen to a ton of audible books on this subject matter and open to any and all feedback or recommendations.