How to Calculate Your Financial Independence

It all starts with your personal finances. Figure out how much are you spending right now on an annual basis? Then kind of add on to that. What is my normal financial independence? If we spend 100,000 bucks per year, let's just call it that. And then have a little bit of a stretch goal, your fat financial independence.

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Financial freedom with only a handful of rental properties!? So many real estate investors are convinced that amassing units is the key to bigger profits, but the truth is that a strategy involving fewer doors can be just as—if not more—effective. Today’s guest is an advocate for the “small and mighty” real estate portfolio that allows you to create passive income, pursue your passions, and achieve financial independence on your terms!

Welcome back to another episode of the Real Estate Rookie podcast! Today, we’re sitting down with Chad “Coach” Carson to discuss his latest book, The Small and Mighty Real Estate Investor. Enjoying the flexibility that many rookie investors dream of, Chad and his family live abroad while his property managers handle the day-to-day operations of his rentals stateside—allowing him to spend very little time on his business each week.

If you want to achieve financial freedom without becoming enslaved to your real estate business, this is an episode you won’t want to miss! Chad speaks on creating passive income through real estate, how to enjoy a two-hour workweek, and why accumulating more units shouldn’t be your end goal. He also talks about the three phases in every real estate journey and why the final phase is the key to unlocking your financial independence!

Remember to pick up Chad’s new book and use code “SMALL306” at checkout!

In This Episode We Cover

How to build a small real estate portfolio that supports your financial goals

The three important phases in every real estate journey

Lean FI, fat FI, and why you should know both numbers before investing

The people and systems you NEED to create passive income from your rentals

Arriving at “enough” when scaling your real estate empire

And So Much More!

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