…one or two freelance clients, you have twenty. Instead of one or two rental units, you have six or eight Instead of just caring for yourself, you’re looking after family….
Search results for: rental
The Ultimate Challenge: Finding the Real “Value” of Money
…ever since. “Hold on. WTF? Where are you getting an extra $4,000 every month?” Most of it (about $3,000/mo) comes from the passive income that the rental properties create. Another…
Why My 77% Savings Rate … Means Nothing
…So my total retirement investing rate is: Next come the extra mortgage payments. I’m paying down my rental properties (so that they’ll produce even stronger passive income.) Extra principal payments…
The Three Most Amazing Types of Freedom
…rental property. (Better yet, buy the damn property). If conceptualizing the three stages of freedom as a linear 1-2-3 progression motivates you, then embrace that worldview. If conceptualizing the three…
The Essential 4-Step Guide to Escaping the Ordinary
…to enjoy a slice of banana toffee cake with new friends I haven’t met yet. Or to start that business that I haven’t imagined yet. Or buy the rental property…
How Much of Your Life Did That Cost?
…instead of $50,000. Most importantly, invest. After you “up your earnings game,” shovel your newfound dough into index funds and rental properties. Investing is the ONLY way to break out…
I’m Upside-Down on My Home. Should I Rent It Out? Or Sell It?
…to cover the mortgage payments when your house sits vacant. Vacancy is your single biggest risk, because you’ll have to cough up the cash for two mortgages (your rental house…
#527: Q&A: Can They Be Financially Independent in Five Years … By Breaking the Rules?
…off five doors of rental real estate in the same timeframe. We’re not sure we’ll retire completely, but I expect we’ll scale things back a bit. My wife maxes out…