I am especially interested about learning to wholesale properties but eventually want to have some investments generating some passive income.

My goal is to eventually buy and hold but I have been thinking of wholesaling in the meantime to gain capital.I went around San Diego (92126) the other day and took note of several houses that seem vacant and/or unkept.

This seems slow compared to very active investors, however this is building me passive cash flow for my future.

I just joined BP hoping to gain a little more education on owning single family rentals.

Also, like many of you, my goal is to generate solid passive income via a strong portfolio of cash flowing properties.Primarily, my aim is to invest in deals generating over 20% cash on cash returns with cap rates above 10% and to build teams that can help accomplish this while everyone wins and has fun!

I have listened to last years BP conference which is AWESOME.I am an outside sales rep looking to try to make some extra cash so I can start creating passive cash flow.The podcast are great and I start every Thursday morning by listening to them on my morning drive.

My initial issue was gaining the capital necessary to make this more than just a dream.

I am interested in flipping houses to raise cash to then reinvest and eventually acquire rental properties for long term passive income.

Hi Nick, no that will not affect your terms.Another question: do you have a capital gain on the townhouse?

I really like the idea of passive income streams.