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General Real Estate Investing

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Jonathan Beemer
  • Investor
  • Broken Arrow, OK
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132
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how many units did you have when you could quit your job?

Jonathan Beemer
  • Investor
  • Broken Arrow, OK
Posted Dec 28 2016, 07:36

Hi BP,
This is a question for all those people that quit their job and are now living from what their REI.
you can do an estimate of how many properties it will take to quit your job. I have done this by just using the "$100/unit cash flow- how many would it take?" equation. This gives me an estimate of lets say 50 units which will give me 5K per month.
Now this varies because not all units bring in cashflow of 100$..... it could be more or less.
so how many units did it take for you to reach you "X" goal... or until you decided to quit your job.

Im interested to see what results people have had till they "felt free" or what ever you want to call it.

Thank you!