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| Name | My $20K/Month Passive Income and Early Retirement Plan |
| Video Uploader | Video From BiggerPockets Money |
| Upload Date | This Video Uploaded At 01-05-2024 15:00:30 |
| Video Discription | What’s your early retirement plan? Would $20K/month be enough for you to reach financial freedom? If so, what are you doing to get there? Crystal Novak realized two years ago that if she didn’t get started on her journey to financial independence, it would be too late. So, she began searching for investments to get her the passive income she needed. The obvious answer: rental properties! But without much cash, where would she buy one? Within the last two years, Crystal was able to buy two cash-flowing rental properties that are helping her get to her $20K/month passive income goal, but she didn’t get there without sacrifice. Crystal and her husband sold a BIG asset and downsized significantly to buy their first two rental properties, but it may all be worth it as Crystal gets closer and closer to her FI number! If you’re trying to get to FIRE as fast as possible so YOU can regain your time and control your schedule, let Crystal be your guide! If you copy her strategy, you can start building serious passive income without any investing experience, but you’ll need to start somewhere! So start with this episode! ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media ~~~~ Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch ~~~~ Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders ~~~~ Learn Real Estate Investing from the Experts with the BiggerPockets Podcasts: https://www.biggerpockets.com/podcasts?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Connect with Other Investors on the BiggerPockets Forums: https://www.biggerpockets.com/forums?utm_source=owned_media ~~~~ Do You Know Your FIRE Number? Here’s What That Means: https://www.biggerpockets.com/blog/discover-you-fire-number?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Connect with Crystal on BiggerPockets: https://www.biggerpockets.com/users/crystaln33?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Connect with Mindy on BiggerPockets: Mindy: https://www.biggerpockets.com/users/mindyjensen?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Follow Mindy and BiggerPockets on Instagram: Mindy: @mindyatbp or https://www.instagram.com/mindyatbp/ BiggerPockets: @biggerpockets or https://www.instagram.com/biggerpockets/ 00:00 The Financial Freedom "Aha" Moment 05:37 Buying $100K Rentals! 08:51 Why Chase FIRE? 10:48 Real Estate Over Stocks! 12:18 Getting to $20K/Month 14:53 More Investments! 17:24 Start Budgeting! 19:49 Connect with Crystal! |
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| Tags | passive income | early retirement | retirement | retirement plan | rental properties | FIRE | financial independence | rental property | financial independence retire early | how to retire early | retirement planning | retire | personal finance | retiring early | saving money | budgeting | budget | when can i retire | can i retire early | how to invest in real estate | invest in real estate | quit your job | quit my job | fi number | fire number | biggerpockets | money | fire show | financial freedom |
