How to set realistic goals and achieve them

[Matt Maitz]

Curious how people replace their income…seems like $100-$250/door is good/average from what I’ve been reading. I’m having a hard time finding $200/door +/- but using $200/door to make an average income of $48k/yr you would need 240 doors.

I don’t think most people are striving to make $48k/year and 240 doors seems like way more than the majority of the people in these groups.

My first goal is $1700/month, then $3200/month and I just don’t see a clear path to get there. I see a lot of people making WAY more and claiming they did it in a 1-5 years.

Can anyone that’s accomplished these numbers give me an idea of how you got there? Idk what to focus on to hit my goals and ultimately I would like to get to $10k/month for financial independence and then $20k/month for financial freedom but I really can’t wrap my head around how people hit these numbers and especially without having a TON of disposal income.

If you’ve started from scratch and made it I would love to hear your story and any advice you have for someone starting out.

More about me:

Sole provider for family, good income but minimal savings/disposable income to invest at the moment. High risk tolerance but young family of 5 so need to be more risk adverse than I’d like to be. W2 takes up a lot of my time, then family but have mornings and nights to learn/work. I want to set goals but don’t know right way to set them or what’s a reach/realistic…any advise would be greatly appreciated.

[Matt Maitz]

My math is off…I realize that can’t figure out how to edit post from mobile.

[Yitz Parnes]

Hey @matt maitz i am new to the real estate game as well, but from my understanding, talking to investors reading books and listening to podcasts, you should shoot for 100 to 200$ a door per month. So in your example of 240 doors at 200$ a month you will be cashflowing 240x200x12=575k. Thats quite a nice number. ;)