My Investment Plan
Hello Everyone,
I keep hearing @Brandon Turner preach about having a plan for investing on the podcasts so I figured I would write it down (even though I think I have a pretty good idea in my head of where I want to be). Anyhow, feedback is always welcomed!
Long Term (5-8 years): Have 60 units that generate an average of $100 per unit of passive income.
Mid Term (2-5 Years): Obtain 30 units that generate an average of $100 per unit in passive income so that I can be financially independent. (My current cost of living is about $3000 a month)
Short Term (0-2 Years): Rehab homes in the Baltimore County and Anne Arundel County that have an ARV of around 150K-250K in which I can make a minimum of 20K per deal and use the proceeds to fund my buy and hold properties.