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Posted about 3 years ago

$100,000 / Month Cash flow - Solid Plan of Action or Pipe Dream?

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Everyone says-

✔️Define your goal

✔️Define your why

✔️Describe your vision

Then why in reality can it be so hard? I mean if you ask me to sit down and write down my goals- there are a lot of times that I find myself asking-

✔️Is this too big?

✔️Will people think I'm nuts?

✔️Do I think I'm nuts?

✔️Will I really achieve this?

So- when you sit down and start writing a monthly income goal for cash flow- and all those thoughts come in- write it down anyway.

So tips on defining your monthly goal-

#1 Say it out loud- Once I got serious about investing, I hit financial independence in less than 6 years. My cash flow goal was the magic $10,000/month. When I first started saying that out loud, it felt really weird. But now, its just a number. 

#2 Write down a number that makes your cringe. Then do what it takes to get comfortable with it- My cringe-worthy number is $100,000/month or $1M a year in gross rentals. Some people may say that's easy- other's may say it's too hard.

Do you want to know what goes on in my head?? 2 things: 

    1. I could accomplish this with 20 units at $5,000/month rents. (**easy) 

    2. .....Do I really want all the work, hassle, hard work, etc to get there? Won't it be 10X      HARDER to reach that number than my comfortable $10,000/ month? Do I even NEED          that much? (**hard). 

Then I realize #2- is a limiting belief that is contingent on my comfort zone. I have to ask myself- Why COULDN'T I hit $1M/ year in gross rentals? And really explore more on the HOW rather than the WHAT. 

#3 Recognize the opportunities that present themselves- and BE OPEN TO EXPLORING THEM!!- Let's take the $100,000/ month example. Once I put that out there- say it out loud, recognize my limiting beliefs and still decide to hit that number- the next step in the equation is to take inspired action. Ideas will start to flow- people will start coming to you with ideas and concepts that will be the next logical step to get there.  

In my own personal life- what feels attainable at this moment are 20 units w/ gross cash flow of $5000/ month. Some people go uber luxury and can get those to $10,000 or $20,000/month- which in essence brings down their total # of units required.

So in the end, I'm still plugging along- defining $1M/ year gross rents as a goal and being open to ideas that arise.  


What are your monthly gross rents goals? What is your profitability goal? Comment below and would love to hear your thoughts. 



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