Reaching Your Freedom Number!

[Account Closed]

Hey Biggerpockets! Just wanted to have a general chit chat about reaching your freedom number. Has anyone achieved this lofty goal? If so how did you achieve it? What was the feeling like? Also how was the up's and downs like while pursuing such a goal? 

On the Other hand, if you have a freedom number and you are  working towards it. How is the journey going for you? I'm sure a great deal of us would love to read and dig out the great nuggets you may have for the next investor seeking the same goal for financial freedom. Thanks BP! 

[Jeff Sprunger]

actually, my freedom number isn't that big...around $2500 net/month.  now, let me caveat, I'm retired military with a pension coming in every month.  I can actually "live" on the pension (mortgage, bills, food, etc), but there is nothing left at the end of the month.  I just retired, so I am working to build up a RE portfolio.  I have purchased my first property (besides my personal residence).  it is a rehab property that I bought to teach my teenage boys the process.  so far, we have found the property, gone over the numbers, started the rehab.  they are learning a bit about the process and the tools needed to do certain projects.  anyway...long story short.  it might only take 5 or 6 properties to reach my "freedom number"  but I kind of like my W-2 J.O.B...so for now!  I'm acutally contemplating buying a MF and moving into it.  I could easily quit my job if I didn't have to pay a mortgage payment.