How Many Rental Properties Do You Need To Be Able To Retire? in Dallas-Texas

Published Mar 19, 22
4 min read

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You’ll fill out a few fields and provide it to your client in order to set expectations on services provided, payments, terms, confidentiality, and more. One of the up-and-coming ways of replacing my income (and exceeding it) is blogging. We started How To FIRE back in July 2018 with no idea what we were doing.

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Every day we see our blog traffic and social media following increase. This creates such a sense of pride knowing that we are watching something grow from literally nothing – . There are quite a few courses that we have taken and refer back to daily to learn about blogging.

It was important to consider how much we needed for one person to lose their income, and how long we thought it would take to replace my income. We didn’t know that I would be able to even come close to replacing my income in such a short period of time.

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This will enable us to reach financial independence that much quicker. Who knows, maybe it will go so well that John will be able to quit his 9 to 5 job too! I have learned a few key pieces of information about scaling a side hustle thus far, and here they are: Learn how to sell yourself, so the client knows they need you Protect yourself legally with a contractor template Stay organized with software like Trello, Asana or Slack – use them for your to do lists and even managing projects with your team Manage your time wisely and don’t take on more work than you can handle unless you plan on subcontracting.

If we’re being honest, most of us are looking for the security of a 5-year plan of how things are going to play out before even we get started. We put pressure on ourselves to find that ONE THING that we will be doing for-EVER, our life’s work, our purpose, our calling.

There’s no room for me. It’s true that when we get fired up about an idea, a lot of times, the first thing we do is go to our social media platform of choice and start looking at how other people are doing it. But what winds up happening is that we see their number of followers, how long they’ve been doing it, or how many awesome offers they have, and we get overwhelmed and spiral down into feeling too far behind to even start.

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How did they get where they are, that place where you would love to be but are doubting whether it’s possible? They STARTED to literally take one baby step at a time, got and remained consistent, and gave themselves permission to figure it out along the way. And the truth is, if you’re passionate about something, there’s a REASON you have that passion.

What you have to share has already been shared — so has what I share, because there’s nothing new under the sun (so stop putting pressure on yourself to come up with it!). But my clients work with me because of the way I present the information they want, and support them in implementing it — and so will yours.

Maybe so, maybe not. It’s very possible that they just decided they were ready and started, and THAT’s how they got the experience to start mastering their craft. The people I look up to and whose businesses I model mine after were legit HOT MESSES when they got started. Their brands were less-than-beautiful, their followings were minimal, their offerings were far from refined.

How Many Rental Properties Do You Need To Be Able To Retire? in Denver-Colorado

Now if someone making $20 million a year and considered the Greatest Of All Time continues to be coached, why would we be any different? Seriously. We’ve all gotten to exactly where we are today by doing the best we could with what we have. And a coach or mentor helps you make even more of your best, in a shorter time frame.

You don’t have to prove that you can do it on your own. I see you, high-achiever. Allow yourself to be supported. It will change everything for you. Conclusion, Is this hitting home? Take this short list to get started on some valuable mindset work and start breaking down — and kicking out — the myths you’ve got rolling around in your head from day-to-day.

Does this sound familiar? I started thinking about what we could possibly do differently, and I realized that if we wanted to be financially free, we’d have to put our money to work for us. In order to start creating cash flow and passive income, we’d have to implement an actionable plan based on tangible numbers.