All Forum Posts by: Mark Graham II

Nice @David Pupo! Congrats!

Also, Experian does something similar, and they have a mobil app, so you can check whenever you want to. You can also pay to get the report from the other two companies if you wish. I agree, keeping your credit monitored is a great idea

Welcome @William Anthony. There is a ton of good info here, and I can understand how tough it looks at first. The more you read, and the more you learn and converse, the more confident you will become. Good luck with your journey, and if you have any questions, you can use the search feature, and if you can't find anything, put up a post and ask. The people here are always willing to help. 

There are a ton of people on here, as well as a ton of information. I see you're in Vail, awesome place. I lived in Silverthorne for a number of years. Love it up there. If you have any questions feel free to ask around, and check out the blogs, and the podcasts that are available through BP. Good luck!

Thats a ton of good info, I will save this and use it for reference. Thanks @Bill S.!

I would be interested in this too... Following

You're welcome @Lysa T.! I am going to persue flips as a way to fund my buy and hold strategy, and meet my freedom number. After I reach that goal, I'll just have to see what I like and decide what to do next 

@Boris Portnov, I was wondering the same thing actually....

While I agree with everything said above, the way I found mine was more like this (same idea, but easier to break down).

To replace mine and my wife's income, we need bring in about $7k per month

Makes out to be $84k a year

Based on the rental market around my area, good rentals that cash-flow $2-300 a month aren't overly hard to come by, especially given the lower than Colorado average prices

Going conservatively, we would need 35 units. Less if we can make more cash-flow per month

Now, where it can get interesting is any other ways we opt to supplement that income. House flipping, wholesaling, ect. Could all be used as play money, and added into your freedom.

It's all a break down of where you want to be to maintain your life. 

Now, could we survive on half of that? Probably, but I want to not only replace where we are, but exceed where we are in our lives.