Help Me Sketch a Plan for $100k Passive Income
I would like to have $100,000 in passive income as soon as possible. Please help me formulate a specific plan that will get me there.
For example, I could obtain $100,000 by owning 20 units that each provide $5k in cash flow each year ($417 per month). Is that reasonable?
Obviously, there are thousands of variables, permutations, and complexities, which are keeping me confused and reluctant to take any action at all. Help me to develop a reasonable plan that I can implement.