Welcome to passive real estate investing the show where busy people like you learn how to build substantial passive income

while creating wealth for the long term and now here's your host Marco Santorelli.

Welcome back to another episode of Ask Marco on the passive real estate investing show.

I'm your host, Marco Santorelli.

Today's question comes in from Sharme, and she writes in and says hello Marco your

podcast is practical and with an outstanding delivery thank you please give

examples of smart goals for real estate investors and she says beginner real estate

investors that are possibilities for 2021 and in the next five to seven years

for couples who are still working day jobs.

What is the average cash flow per unit outside California?

So I assume you live in California, which is a very expensive market.

Is it a requirement to set up a company before and when an investor has bought the first rental property?

I want to replace my income with cash flow properties and become a full-time real estate investor.

Well, that's a goal right there.

Congratulations.

We also appreciate your recommendations for books.

Do you read actual books, Kindle or Audible?

I have been listening to Rich Dad, Poor Dad, Audible and motivated to grow my real estate education.

Also what personal finance tracking software would you recommend for real estate investors?

Thank you, Marco, for the excellent work and helping beginner real estate investors have something productive to focus on, especially in these challenging times.

Well, you're very welcome and thank you for the questions. There's a number of them here. The overall arching question you have is goal setting in real estate investing so I'm going to focus more on the

smart goal setting but just to quickly answer your other questions here, as far as books go, I actually do all three. Well, let's just call it this. I have actual books. I love paperbooks and I have a lot of them. I just love the feel and the

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