Here’s a bit of background on my current situation:I own one rental property that generates $1,900 per month in rental income, and it is paid off ($300K).My primary residence is also paid off ($288K).I’m currently building another rental property with cash ($200K).

This is anecdotal information based upon the interviews I’ve had with operators across the country.

It seems there’s a common misconception largely influenced by social media, online courses, and influencers who oversimplify the process that real estate is an easy, passive way to generate income with minimal effort.

Leverage is key and will create generational wealth in less than 10 years.

My goal is to diversify with an investment that generates steady cash flow, even if it requires a larger upfront investment and lower overall returns. 

It’s a well oiled operation to collect money then give you vague updates and excuses.

We would need to know your current operating expenses (and rent) to be able to provide any suggestions.

I'll also add that Bonnie's group is a great resource with operators from 0-Bonnie.

If you're a relatively new multifamily operator, you'll likely be required to hire a professional management company (inexperienced owners are typically not allowed to self manage the assets).

Both generate passive income streams without you having to clock in at a 9-to-5.🏗️ Building Equity While Others PayWhen your tenant pays rent, they're helping you pay down your mortgage - building your equity.