#58: How Many Rental Properties Do You Need to Retire?

I know many of you have thought about retirement, we talk about it quite a bit on this show as well as our blog and the PIMD website. But how many of you have a solid plan to get there? For those of you investing in real estate, how do you know when you hit that point and what it’ll take to get to retirement? 

In this episode, we are going to talk about “the big R”. That’s right, retirement. Specifically, retiring early through real estate investing. And more importantly, how many rental properties you need in order to retire early. 

 

Now, let’s look at what we discussed in this episode:

  • How many rental properties you need to retire. 
  • The many factors that come into play regarding retiring early with the help of owning rental properties. 
  • The steps to calculate what you need to do in order to retire early. 

Here’s a breakdown of how this episode unfolds…

[4:30]
How to determine your cash flow from a typical rental property and the formula to determine how many properties you need to retire.  

[5:40]
A simple real-life example of how to calculate your cash flow from your rental units. 

[8:17]
What a “freedom number is” and the first steps for you to take in order to calculate your number.  

Subscribe & Review in iTunes

Hey there – are you subscribed to my podcast? If you aren’t, please show your support of the show by doing so now. I don’t want you to miss a beat, so if you’re not subscribed, there’s a good chance you’ll miss out on those. Click here to subscribe to iTunes!

If you’re one of our super special listeners, I would be really appreciative if you also left me a review over on iTunes. Those reviews help other people find my podcast. Why not spread the insight to help other physicians and professionals on their passive income journey? Just click here to review, select “Ratings and Reviews” and “Write a Review” and let me know why you enjoy the show so much. Thank you!

OTHER WAYS TO ENJOY THIS POST:

Download a Transcript (coming soon!)  

Download on iTunes 

Join the Passive Income Docs Facebook Group

Join the Passive Income Professionals Facebook Group

The post #58: How Many Rental Properties Do You Need to Retire? appeared first on Passive Income M.D..

Source: https://passiveincomemd.com/

Passive Income

Leave a Reply

Your email address will not be published. Required fields are marked *