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.

Hello my friends and welcome. Now here's your host, Marco Santorelli.

Hello, my friends and welcome back to another episode of Ask Marco,

where I answer your investing related questions.

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three episodes a week and I would love for you to stay on top of the questions that

people are submitting today's question comes from Eric great Great question by the way. He's wondering if his

future real estate plan is reasonable and he writes in and says hello Marco I

have been listening to your podcast for a couple of weeks and have found your

delivery of information very easy to understand.

Thank you for your time and teachings.

Eric, thank you and you're welcome.

My current future plan is to purchase a townhouse in the next two years, start a family, and then purchase a long-term home within the five following years.

I intend to rent out the townhouse to provide another source of income and help pay off the new home.

My conservative side wants me to only have one mortgage at a time due to a fear of having too much debt and so I can have a higher cash flow.

Therefore, I would pay off the townhouse completely before starting a mortgage on a new home. My goal is to own four paid off income

properties to supplement my jobs income. Do you think this plan is

reasonable and has the potential to generate a cash flow over $2,000 a month.

For the townhouse and home or house, I am looking between $150,000 to $250,000 for the townhouse

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