Living off of rental income

[Dain DaVirro]

Can somebody who lives off of the income from their rental portfolio help explain the mechanics of withdrawing cash from their portfolio? It seems like living off of rental income could get pretty complicated compared to getting direct deposit from your employer every two weeks. If anybody has a link/article to share, I’d appreciate that as well.

Thank you!

[Tim Herman]

@Dain DaVirro It is based on how much excess cash flow per property. If you figure repairs ,CAPEX, vacancy, property management and any other expense for your property and it shows $200 a month positive cashflow. That is yours to spend any way you want. You want $20000 a month then buy 100 rentals. This scenario doesn't include mortgage paydown or appreciation.