All Forum Posts by: Merhawi Temnewo

Hi, I have a property located in Irving, TX. its a 3/2 residential home that I need to rent out. it is near a school. Perfect for family with kids. I need a property managment company that would be willing to rent it out for me. thanks.

Hi, I am looking to find the right agent that can help me find more deals in the DFW area. An agent with a lot of experience and the more deals under their belt the better!

I have $60,000 with me. My goal is to earn $10,000 per month in positive cash flow(Passive Income by 2026) in 5 years time frame. I am a new bee and new to investing in real estate/rental properties. I am looking for strategy/suggestions from all the experts in BP in order to achieve my goal. Some ideas, I am exploring are: -Buy 3-4 properties for 35-40k in Midwest, which generate $500-$600 positive cash flow -Use 100k as down payment(25%) and use leverage to buy 1 or 2 properties in high-priced areas. -Invest in REIT or other funds Any suggestion/strategy is appreciated. All suggestions/strategies are welcome to achieve my goal of $10000 in passive income in 5-years Thanks, Merhawi