How Many Pairs of Underwear are you Packing?
Manage episode 515174906 series 3694470
How to Calculate Your Financial Freedom Number
This episode begins with a humorous discussion about how many pairs of underwear to pack for a seven-day trip, and transitions into a more serious topic about real estate investing. The author shares insights on calculating one’s 'freedom number' – the number of real estate units needed to achieve financial independence. By breaking down the essentials such as personal comfort number, profit margin, and average income per deal, the speaker emphasizes the importance of knowing your numbers to reverse engineer a path to financial freedom. The episode concludes with a reminder to stop guessing and start calculating to ensure a clear path to business success.
00:00 Packing for a Seven Day Trip
00:06 Funny Answers from Friends and Family
01:31 Social Media Trend and Real Estate Investing
04:34 Finding Your Freedom Number
06:22 Conclusion: It's All About the Math
Calculate your Freedom Number at: www.FixThisNextForRealEstateInvestors.com
5 episodes