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Updated over 1 year ago on . Most recent reply

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Ofir R.
13
Votes |
18
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Turn 500,000 USD to 8K monthly cashflow from real estate - possible?

Ofir R.
Posted

Hey there, big pockets.

Here is a theoretical question and I'd like your take on it, whoever you are and wherever you are.

Mister X has 500,000 USD. He doesn't have credit score or a fixed job - he's an artist, so his income is irregular. 

Mister X wants to put his money into real estate and get to a point where he has a passive income of minimum 8K per month, in less than a year.

He only wants to deal with Real estate, with real physical things that he can see. No stocks or bonds or anything like that.

Is that possible? Or a silly fantasy? What would you do if that person was you?

Most Popular Reply

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2,507
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Jill F.
  • Investor
  • Akron, OH
4,234
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2,507
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Jill F.
  • Investor
  • Akron, OH
Replied

We did that but it took us 7 years working everyday.

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