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David O.
  • Property Management/ Investing
  • Kansas City, KS
27
Votes |
159
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Forming a strategy versus receiving opportunitties

David O.
  • Property Management/ Investing
  • Kansas City, KS
Posted Mar 11 2014, 09:09

Hi All,

Let me start with the end in mind: I will produce a $20,000 per month passive income and $5,000,0000 net worth by March 11 of 2019.

1. I have some money to invest starting out 20k- 50k.

2. I already have a business that occupies a lot of my time and don't want to create another job for myself. I am willing to invest up to 10 hours per week to set up the real estate portfolio but would like to be systems focused.

I would love to hear some tips on what strategy to follow to produce this cash flow/ net worth result in real estate?

Anyone producing similar results or with similar goals?

Does it make since to start with a strategy or just start looking for deals that the numbers make since on?

I am blessed with a good business in financial services that allows me to support my current lifestyle so over the next 5 years I should not need to pull anything income wise from the Real Estate.

Look forward to your response,

David

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