Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
BPCON2026 Orlando

October 2 - 4 Early Bird tickets are now ON SALE. Purchase your tickets today and save $100!

Get tickets
BPCON2026 Orlando

October 2 - 4 Early Bird tickets are now ON SALE. Purchase your tickets today and save $100!

Get tickets
Followed Discussions Followed Categories Followed People Followed Locations
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 8 months ago on . Most recent reply

User Stats

2
Posts
13
Votes
Doug Martin
  • Tampa, FL
13
Votes |
2
Posts

20k a month in passive income?

Doug Martin
  • Tampa, FL
Posted

I am just begening in real estate investing obtaining as much knowledge as I can before I dive in. I understand that real estate is a slow grind and in by no means of getting rich quick. My first goal of mine was wanting to produce 30k a month in passive income but then i thought that may be reaching for someone just starting out.....so i lowered it to 20k.......Any idea how much time and money it would take to accumulate that many assets? Can it be done? Where do i start? Im currently in Florida and I also live in California. For capital I'm willing to invest in the venture is in the range of 1.8-2.3m. 

Most Popular Reply

User Stats

1,100
Posts
701
Votes
Mark Gallagher
  • Flipper/Rehabber
  • Allentown, PA
701
Votes |
1,100
Posts
Mark Gallagher
  • Flipper/Rehabber
  • Allentown, PA
Replied

@Doug Martin

Lend $2M at 12% and you'll obtain your $20,000/month passive. I would say that's pretty easily attainable. 

Loading replies...

1 2 3