IMO here is what's missing from BP, Podcasts and all my research so far.

[John J Kelly III]

I've listened to so many podcasts, read the books, spent wayyy too much time on this forum all in an effort to educate myself about REI and specifically SFH vs Multi. Just today, 5 different podcasts discussing how people started with 0 and now have 80, 100, 500, 800 and even 1000+ doors. They all talk about financial freedom, cash flow, appreciation and all the good stuff, even so much as some starting with very little money of their own. Many have reached their "financial freedom" which is my goal. So what's missing in all these podcasts and forums?? No one mentions the cash flow. Everyone has crunched the numbers and to get about 20k per month in cash flow you need 50+doors and about 20mil in RE. 20mil in RE means a ton of $$ down. Unrealistic for all of us.

So, is anyone willing to give numbers?  My cashflow is $20,000/mo with 30 doors and about 400k in cash for down payments, etc.    The podcast today, popular guys with a well known podcast, they have 80 doors but not once mention cash flow.

I'm concerned my goal of 20k cash flow is unrealistic.  Of course it won't happen over night but is it possible?  People mention 1000+ doors but never mention the cash flow. 

That's my mini rant of the day.  

[Jay Hinrichs]

Quote from @Chris Seveney:

Quote from @John J Kelly III:

I've listened to so many podcasts, read the books, spent wayyy too much time on this forum all in an effort to educate myself about REI and specifically SFH vs Multi. Just today, 5 different podcasts discussing how people started with 0 and now have 80, 100, 500, 800 and even 1000+ doors. They all talk about financial freedom, cash flow, appreciation and all the good stuff, even so much as some starting with very little money of their own. Many have reached their "financial freedom" which is my goal. So what's missing in all these podcasts and forums?? No one mentions the cash flow. Everyone has crunched the numbers and to get about 20k per month in cash flow you need 50+doors and about 20mil in RE. 20mil in RE means a ton of $$ down. Unrealistic for all of us.

So, is anyone willing to give numbers?  My cashflow is $20,000/mo with 30 doors and about 400k in cash for down payments, etc.    The podcast today, popular guys with a well known podcast, they have 80 doors but not once mention cash flow.

I'm concerned my goal of 20k cash flow is unrealistic.  Of course it won't happen over night but is it possible?  People mention 1000+ doors but never mention the cash flow. 

That's my mini rant of the day.  

 I do not believe anything many of these podcasters say. I know several who do what we do and they all talk a big game but everything is at a 30,000 foot level that you could find off chatgpt and many do not give numbers because they actually are full of it on where they are really at. 

reality is there are very few that actually live off of cash flow with max leverage .. they need to keep working and NOT take a dime out of the rents lest they find themselves in major financial trouble. positive cash flow with max debt for 90% plus investors needs to be saved or ploughed back into cap ex   reserves or pay down debt.. you get wealthy in RE over time and when your debt starts to fall away. Clients of mine that live on cash flow have either zero debt or very little..  My personal banker and I always talk about this when we go fishing.. the misconception of financially free on rentals.. I mean he banks nothing but entrepreneurs. 

So in my mind change your goals.. forget the cash flow is going to set me free with max debt its not realistic at todays prices and interest rates. 

I have clients that own well over 100 rental units and none of them take a dime out of cash flow in many cases they still need to feed the portfolio from time to time to keep it healthy. But once these get paid for they will be very rich.