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General Real Estate Investing

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Vincent Crane
Pro Member
  • Realtor
  • Atlanta, GA
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684
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Poll: How long did it take you to quit your day job from passive rental income?

Vincent Crane
Pro Member
  • Realtor
  • Atlanta, GA
Posted Jun 26 2015, 16:44

Curious to see what the average time frame is. It seems to be about 7 years from what I've seen so far.

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Benjamin Kelly
  • Investor
  • Bonita Springs, FL
12
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54
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Benjamin Kelly
  • Investor
  • Bonita Springs, FL
Replied Jan 15 2018, 13:27

I started this past December with the purchase of my first Triplex. My plan is to complete 6 more multifamily deals this year. My goals is to leave my day job in under 5 years. By then I would have replaced my joint income and then some. Both my wife and I enjoy our jobs so it is not a rush. Looking forward to writing that post in 5 years.