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___________________________________________________________________________ Making $6,790/Month In Passive Income At 20 (Real Estate) Today I break down my $1,200,000 Real Estate Investment Portfolio, what type of properties I purchased as a beginner and why! My expenses monthly are about $5,700 and the gross rental income is $6,700. I sit back and watch $1,000 a month in passive income come in! While I could be making more than double that in cashflow, I focused on picking strategic properties for my first few that are going to appreciate more than a typical cash flowing deal! If you are a beginner in real estate or looking to become a real estate investor, here's my advice based on what has worked & not worked for me! If you want to start real estate with little to no money, there's plenty of ways to do that! You could do a personal loan, FHA loan, find a short sale, foreclosure or even wholesale a deal! There's lots of people who can teach you how to do those types of deals and investing. Personally I did standard conventional loans and have absolutely no plans to flip the properties for a profit in a short term window. These are long term cashflow and appreciation properties, where I could even re-finance the property and pull my downpayment out in about 2 years if I wanted to. Follow along with my journey into a new industry while I try to show you all of my successes and failures! Drop a LIKE if you enjoyed the video!
___________________________________________________________________________ *Disclaimer* I am not in any way a certified financial advisor, nor do I pretend to be one. Any information or advice I give you on any social media platform is simply my opinion based my own own experience and research. There is no guarantee on anything due to the fact that there are many variables in your success.