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Updated over 5 years ago on . Most recent reply

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303
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Robert Biggerstaff
  • Contractor
  • Pensacola, FL
240
Votes |
303
Posts

What is your goal with real estate ?

Robert Biggerstaff
  • Contractor
  • Pensacola, FL
Posted

I am currently looking to get to the point of having 50,000 a month coming in. My strategy has been buying fixer uppers paying cash for them and doing the work myself.

Most Popular Reply

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23
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21
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Pete Winslow
  • Rental Property Investor
  • Scottsdale, AZ
21
Votes |
23
Posts
Pete Winslow
  • Rental Property Investor
  • Scottsdale, AZ
Replied

My goal is to build a Real Estate Investment company that can function smoothly without my presence in day to day operations.  I am starting down that path by working to get $5K/month in rental income.  I believe once I get to that point I will be able to step back into a part-time role with my day job and focus more of my time and energy into working on building a company.

My long-term goal is to be receiving $10K/month in passive income by constructing a REI company that allows me to travel and spend more time with my friends and family.

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