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All Forum Posts by: Mike Williams

Mike Williams has started 3 posts and replied 14 times.

Post: What would you do with $100k?

Mike WilliamsPosted
  • Riverside, CA
  • Posts 19
  • Votes 7
Thanks everyone, I should clarify....I don’t mean to say I want to generate $4k per mo off my $100k alone, as I know that would be expecting way too much. I just meant that is what I’m starting out with and my goal in passive income is $4k eventually. Sorry if I confused anyone. And I have been reading that book....definitely a help!

Post: What would you do with $100k?

Mike WilliamsPosted
  • Riverside, CA
  • Posts 19
  • Votes 7
Thank you all, and yes I already received that book and have begun reading it. Definitely interested in any area that works.
What time is this meeting? I’m interested in sitting in and learning, maybe a lil networking. I’d be coming from the Riverside area, and likewise can offer a carpool to anyone interested.

Post: What would you do with $100k?

Mike WilliamsPosted
  • Riverside, CA
  • Posts 19
  • Votes 7
Hello all! I did join the pro membership but decided to post this question here since I’m new to Real Estate investing. So my question is this, if you had $100k to get started, and your goal was to get to $4k per month cash flow as quickly as possible.....what would your strategy be? I live in SoCal, but more than likely am looking to invest out of state, since my $100k won’t go far here. I simply want to replace my income, because my knees can’t take my line of work much more (I’m a Respiratory Therapist)....and I would like more time to my family. I will be attending local REI meetings starting this month, but at this point have zero connections. Thanks in advance!