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Updated almost 6 years ago,
$10K monthly cash flow goal and strategy
Hey folks,
I have been thinking about this for a bit and figured why not get everyone's opinion here. My investing goal is to have $10K monthly cash flow. I have purchase 4 SF homes since 2015 and although they have appreciated, the cash flow is nowhere close to my goal. I would have to have 12-13 properties paid off to get that cash flow which I cannot do. So the question is what are my alternatives? What are your goals and strategy? I have $200k invested in the properties and could invest another $200k.
Thanks,
Sonny