How to Make $120K Per Year in Passive Income Through Property (Without Becoming a Crypto Bro)

So, you want to make $120,000 a year in passive income through property? That’s adorable. You’ve either read Rich Dad Poor Dad too many times, or you just got a motivational quote tattoo and are ready to “manifest millions.”

Either way — strap in. You’re about to get a crash course in how to make six figures while technically doing nothing, legally, and without sacrificing your sanity to the property gods.

Step 1: Understand What "Passive" Really Means

Let’s clear something up. Passive income doesn’t mean "set and forget." It means "set and then periodically panic because a tenant called to say the dishwasher’s exploded and now the cat’s floating." But yes — done right, you can earn money in your sleep, and that’s the kind of hustle we like.

Step 2: Do Some Simple Maths (Don't Panic)

To make $120K a year, that’s $10,000 per month in passive income. Now, most properties don’t just throw cash at you — unless you’ve somehow found a rental unicorn that also dispenses $50 notes and freshly baked banana bread.

BUT — here’s the clever bit.

Rather than trying to hold a zillion properties at once like you’re running a small-town council, we take a strategic approach. You buy a few, build equity, and then sell down half the portfolio to pay off the other half. That means: no mortgage, no bank letters reminding you they own your kidneys, and every cent of rent becomes pure profit.

So instead of scraping $500/month from each property, now you’re banking $2,500/month in pure, unfiltered rent from mortgage-free properties.

That’s just 4 mortgage-free properties at $2,500/month = $10,000/month = $120,000/year.

See? Math can be fun when it leads to cash and not tears.

Step 3: Enter: Your Mortgage Broker (That’s Me 👋)

This is where I, your friendly neighbourhood mortgage wizard, come in. I’m like the Gandalf of home loans, except I wear fewer robes and talk to banks instead of orcs (though the similarities are unsettling).

What do I do for you?

• Decode the chaos of lending criteria.

• Unlock finance when your bank says, “Computer says no.”

• Help you recycle equity like a true property hoarder.

• Keep you out of debt jail (while helping you build a portfolio like a legend).

Basically, I make money appear out of thin air — or at least make it easier to borrow it strategically.

Step 4: Meet the Dream Team (Avengers Assemble, but Make It Aussie)

To build your empire, you’ll need:

• A killer accountant – the kind who makes your tax bill disappear (legally, we swear).

• A savvy buyer’s agent – because paying $150K too much on a property is a vibe killer.

• A switched-on property manager – to handle Karen the tenant and her four emotional support dogs.

• A building and pest inspector – because buying a termite resort isn't the goal here.

• A depreciation specialist – because the ATO does want to help you (once every thousand years).

  
  

Good news? I know people. I’ve got contacts tighter than tradies' calendars during a housing boom.

Step 5: Rinse, Repeat, and Watch the Magic Happen

Buy smart. Hold smart. Use your equity to go again. Stack those properties like they're packs of Tim Tams on special at Coles. Each one nudges you closer to that sweet six-figure freedom.

And eventually — BOOM. You’re earning $120K a year, sipping a flat white, arguing about property prices at Sunday brunch like a true Aussie passive income boss.

Want to Make This Dream a Reality?

Whether you're on your first property or your fifteenth, I’m here to help you grow your portfolio (and keep you from making rookie mistakes that’ll have your accountant crying).

📞 Call me: 0448 523 572📧 Email: ross@strategicbroker.com.au 💼 Or shout me a coffee and let’s talk numbers, not nonsense.

Your future self (and their $120K/year passive income) will thank you.