What Does it Take to Achieve the Dream of Full Time Real Estate Investor?

Just focusing on the passive income you want to achieve will leave you chasing cash flow which will have you buying properties in worse areas with harder tenancies that seem to cash flow better, but will have large cap ex.Any time someone asks a question about where to invest and it can be anywhere, they aren't ready to invest and are opening themselves up to every pitch in the world on an area.

Currently, we are targeting multifamily properties of 100+ units, and have been actively engaging with various owners and brokers, submitting Letters of Intent (LOIs) and working to secure deals.While some may consider our approach bold for new investors, we are confident that, with the right team and expertise, we can succeed in achieving our objectives.I’m excited to be part of this community and look forward to learning from your collective experience.

I’d love to learn from all of you, connect with like-minded people, and eventually achieve financial freedom together! 

Congrats on achieving a comfortable financial situation.Condos are actually riskier than single family rentals. 

@Nicholas Dilloncongratulations on your success so far. a few comments.1. is BRRRR still achievable in 2025? 

I recommend researching the average appreciation over the past 10 years in your target area to get a clearer picture.As you know, in real estate, ROI comes from multiple sources: Home Appreciation:  Reno Appreciation: Value added through renovations or improvements (usually just in the first year).

How do you determine a reasonable target return?

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Time allows for adjustments, scaling, and reinvestment in ways that short-term projects simply can’t achieve.