Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago,

User Stats

302
Posts
186
Votes
Cole Simpson
  • Rental Property Investor
  • Columbia, SC
186
Votes |
302
Posts

7 Actionable REI Tips on the Path to Financial Freedom

Cole Simpson
  • Rental Property Investor
  • Columbia, SC
Posted

No matter the definition, everyone wants to gain financial freedom or (if you prefer) financial independence. 

I think financial freedom describes what financial independence offers, freedom and choices.⁣

Financial freedom can help you take ownership of your finances and, more importantly, your life. It's about living within your means, being a bit frugal, and making sure that money is spent on things you really need like food, shelter, and yup even vacations (relaxation is important too, you know).⁣

Here are 7 actionable Real Estate Investing Tips on the Path to Financial Freedom:

1. Put the right pieces in place before you start to invest

2. Learn how to perform a market analysis

3. Gather your team of qualified professionals

4. Come prepared for showings

5. Run the numbers to find the right deal

6. Carefully budget for your carrying costs

7. Use a CMA to determine the right sale price or rental value


You see, people who aren't successful in their journey often don't have a real motivation behind the effort. And to get there, YOU HAVE TO KNOW YOUR WHY.⁣