All Topics / Creative Investing / CASHFLOW IS KING

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  • Profile photo of pipelinebuilderpipelinebuilder
    Member
    @pipelinebuilder
    Join Date: 2005
    Post Count: 48

    Hello

    I am a newbie, just a question

    how many properites would you need fully paid off to provide 3 – 4 k per month passive income?

    And what sort of money would you need up front to purchase those properies?

    RK’S Principle
    Cashflow then property then shares then cycle back into property

    Profile photo of XeniaXenia
    Member
    @xenia
    Join Date: 2002
    Post Count: 1,231

    One million dollar commercial property “paid off” should give you around $100,000 income per year. You need to put in $250,000 to buy it using the banks money.

    We buy properties in Adelaide. Immediate Cash Settlements, No Agent Fees.
    [email protected]
    phone 0412 437 582

    Profile photo of pipelinebuilderpipelinebuilder
    Member
    @pipelinebuilder
    Join Date: 2005
    Post Count: 48

    Wow, thats a lot of money to invest, i am guessing most people cant afford to do it.

    I have my first IP now, looking to expand later in the year, based on evulations looks like I will make a tidy profit.

    Thanks for the info

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