Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Real Estate 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 over 3 years ago on . Most recent reply

User Stats

283
Posts
257
Votes
Matt J.
  • Rental Property Investor
  • Hugo, MN
257
Votes |
283
Posts

Fastest route to $10,000/Month Passive Income

Matt J.
  • Rental Property Investor
  • Hugo, MN
Posted

I’m at $1890/month passive income currently from 4 rental properties and want to scale to $10,000/month in the next 3 years. What is the most efficient or fastest route to get me there?

  • Matt J.
  • Most Popular Reply

    User Stats

    4,937
    Posts
    13,055
    Votes
    Mike Dymski
    #4 Innovative Strategies Contributor
    • Investor
    • Greenville, SC
    13,055
    Votes |
    4,937
    Posts
    Mike Dymski
    #4 Innovative Strategies Contributor
    • Investor
    • Greenville, SC
    Replied

    Nice to finally see a "$10,000/month" post where the OP actually owns a property.

    You are at almost $2k per month already with 4 units...that is strong cash flow if it covers everything (including vacancy, management, cap ex reserves).  Sounds like you need 15 or so more units and you are there.  Keep doing what you are doing...scale it up using other people's money, commercial loans, and purchasing fixers.

    Loading replies...