After the houses are paid off, we’ll begin to leverage and acquire more doors to grow our cash flow while still keeping our bulletproof fort intact. The reason we believe these houses are bullet proof are because They are paid off It is very hard for someone to take the property away from us. And … Continue reading 254. Phase 3: Acquire more doors
Category: 500 Words
253. Pay the doors off
Why are we chasing financial freedom? To us, the whole point of achieving financial freedom is to have peace of mind, and a way to ensure peace of mind is to have a few properties paid off. If the properties are paid off, yeah we may not be getting the best return, but paid off … Continue reading 253. Pay the doors off
252. Acquiring Doors: Phase 1 Real Estate Wealth
Acquiring doors is the fundamental principle of wealth building in real estate. A rule of thumb is the more doors, the more cash flow. In this phase, I’ll acquire the specific number of doors I need to hit $5,000 a month in passive cash flow. For me, I like to round things and keep numbers … Continue reading 252. Acquiring Doors: Phase 1 Real Estate Wealth
251. The Real Estate Plan
Personally, I want to enjoy the reward of having financial freedom… To be able to do what I want, when I want. But what do we want? That’s important to figure out. First, I want financial freedom to cover my monthly expenses and monthly savings. This isn’t millions of dollars either, for me that number … Continue reading 251. The Real Estate Plan
250. How to stay healthy and fit for the rest of our life
As soon as we’re born, we depend on the people around us to care for us. To feed us, and teach us everything they know - the ropes of life. But what if the teacher is teaching us the wrong things - even if they believe it's true? And I’ve found this is especially true … Continue reading 250. How to stay healthy and fit for the rest of our life
249. 500 words a day
This is something different then I’m used to so let’s start with some background. Seth Godin talks about the habit of writing daily, a signpost in the ground, at a specific point in time - like leaving a line of crumbs for the “chicken” to follow. It helps to form a crisp, clear, and honest … Continue reading 249. 500 words a day