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Financial Independence: 8 Steps to Make Your Job Optional
The Big Picture on 8 Steps For Financial Independence: Prioritize budgeting and minimize unnecessary spending to save more for investments. Diversify your investments in real estate, stocks, and other assets…
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How Much Money Do You Need to Retire Early in 2024 (and How Real Estate Changes the Math)
The Big Picture On How Much You Need To Retire Early: Retiring early is difficult, but not impossible. It takes knowledge and discipline to achieve this goal. There are different…
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Is Rental Income Active Or Passive Income? How Much Labor Landlords Should Expect
TL;DR on Is Rental Income Passive Or Active For tax purposes rental income can be defined as passive income so long as you do not qualify as a real estate…
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How One Couple Retired Early with a Single Rental Property to Sail Europe
Martha and Terry live the dream. They currently live on a houseboat, sailing the rivers of Europe. From the canals of Amsterdam to beautiful Strasbourg, France, the retired couple has…
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Passive Income Types: The Best Sources of Passive Income
Going to work every day and getting a paycheck every two weeks? That’s active income. Being self-employed? Freelance work and side gigs? All active income too. Active income is money…
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How Many Rental Properties Does It Take to Retire Early?
Rental properties are a great way to fund some or all of your retirement. They produce steady, predictable income without eating into your principal. And they have many tax advantages…
25x rule
early retirement
FIRE
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how much do you have to save for retirement
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How Much Money Do You Need to Retire 2022: And How Real Estate Changes the Math
Why don’t more people dream of retiring young? It could speak to how many people love their jobs, except that’s not true: 85% of people dislike their jobs. More likely,…
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11 Habits of Wealthy People, Based on Data
When you think of wealthy individuals, do you think of playboy heirs and vapid heiresses? Perhaps slovenly lottery winners? People who just stumbled or lucked their way into wealth? Maybe…
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How Greg & His Family Retired Young with Rental Properties
“I wanted to get money out of the way so I could spend my time with kids and a wife (I didn’t yet have.)” Greg Wilson retired recently at 42.…