If rents fail to pace with the cost of living, your financial independence will be short-lived.Long lasting: Your rental income must last a long time, ensuring that you do not outlive your income.Reliable: You must be able to depend on your income every month, even during tough economic times.Now that we have defined the requirements for achieving lifelong financial freedom through passive income, we can determine the necessary criteria that a location must meet.When Rents Keep Pace With the Cost of LivingIn real estate, prices and rents are determined by the imbalance between the number of buyers and sellers.When there are more sellers than buyers, prices decline until there is a rough balance between the number of buyers and sellers.When the number of buyers roughly equals the number of sellers, prices are static or increase at a slow rate.When the number of buyers greatly exceeds the number of sellers, prices increase rapidly.Rents follow prices.Higher prices reduce the number of people who can purchase, increasing demand for rental properties and increasing rents.Lower prices enable more people to purchase, decreasing demand for rental properties and decreasing rents.There is a lag of 1 to 5 years between price changes and corresponding changes in rents.

I use lockboxes for self-showings on vacant rentals and that enables people to view rentals quickly, even during nights and weekends, which helps find renters faster.

The companies that enable these types of mass texts often champion the high conversion rate of text compared to other mediums but ultimately I believe it will backfire.

Getting the degree enables me job security and pay higher than minimum wage to fund my real estate dream.

It enables me to not rely on my real estate income to live and put more money back into the business, which is helping me grow much quicker.

Being able to communicate your plan to others will enable them to help you find what you're looking for and avoid projects that you're not interested in. 

Feel free to reach out anytime you have questions and we can help educate the self doubt out of you and create confidence to move forward and enable you to make good decisions.Good luck!

Going back to the housing cap: this enables you to know where to start looking.

The scalability of the structure enabled him to avoid the hardship of that fixed overhead when the market went south.

Do I postpone what I love to enable me to do more of it later, or do I find a balanced path into REI enabling me to do both.