#58 How Many Rental Properties Do You Need to Retire? - Passive Income MD

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Episode #58

#58 How Many Rental Properties Do You Need to Retire?

I know many of you have thought about retirement, we talk about it quite a bit on this show as well as our blog and the PIMD website.

10 Min • June 7

Episode Highlights

I know many of you have thought about retirement, we talk about it quite a bit on this show as well as our blog and the PIMD website. But how many of you have a solid plan to get there? For those of you investing in real estate, how do you know when you hit that point and what it’ll take to get to retirement? 

In this episode, we are going to talk about “the big R”. That’s right, retirement. Specifically, retiring early through real estate investing. And more importantly, how many rental properties you need in order to retire early. 

Now, let’s look at what we discussed in this episode:

  • How many rental properties you need to retire. 
  • The many factors that come into play regarding retiring early with the help of owning rental properties. 
  • The steps to calculate what you need to do in order to retire early. 

Episode Breakdown

[4:30]

How to determine your cash flow from a typical rental property and the formula to determine how many properties you need to retire.  

[5:40]

A simple real-life example of how to calculate your cash flow from your rental units. 

[8:17]

What a “freedom number is” and the first steps for you to take in order to calculate your number.  

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