So last week I wrote a post talking about your Freedom Number.
Mine was $2,200.
My vehicle to Freedom? Real Estate.
A normal Rule of Thumb for returns on Real Estate rentals is $100-$200 bucks a month cash flow after all expenses are paid.
For my purposes I will go for $150 a month. So for me I will need 14.67 units cash flowing at $150 a month to hit my target. We will go ahead and round that up to 15 for simplicity.
So I need 15 units.
How will I get these 15 units?
How will I pay for them?
How will I manage them once I have them?
That will be our focus for next week.
Enjoy the Journey!