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Multi-Family and Apartment Investing

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Doug Martin
  • Tampa, FL
12
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20k a month in passive income?

Doug Martin
  • Tampa, FL
Posted Mar 12 2017, 10:32

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. 

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