Rise High Investor Weekly Video #16 – How many properties do you need to be able to retire



Step 1: Define Your Goals

  • What income do you want?
    Decide on the amount of passive income you want each year. For example, do you want $100,000 after expenses annually?
  • When do you want it?
    Be specific about your timeframe. For example, do you need that income in 10, 15, or 20 years?

Step 2: Calculate Your Net Asset Goal

Your net asset goal is the value of your income-producing assets (like investment properties) minus liabilities. For example, if you need $100,000 per year in passive income, you may need a net asset goal of $2 million.

Use the free calculator on the Rise High Investor website (Chapter 2 of the bonus resources) to calculate:

  • How much passive income you’ll need in retirement.
  • How many years you have to reach your goal.
  • The net assets required to meet your target.

Step 3: Create a Property Plan

Once you’ve calculated your net asset goal, map out how to achieve it:

  1. Break it down: For a $2 million net asset goal, determine how many properties and what value they need to be.
  2. Set a timeline: Decide when to buy each property to meet your goal within your timeframe.
  3. Use the tools: Download the free calculator from Chapter 10 on the Rise High Investor website to create a step-by-step property acquisition plan.

Step 4: Take Action

  • Focus on Time in the Market: The longer you hold your properties, the more time they have to grow in value.
  • Meet with a Mortgage Broker: Develop a strategy to acquire the properties you need as soon as possible.

Building a property portfolio to retire comfortably is achievable with clear goals, good planning, and decisive action. Start now, use the free resources available, and work with a professional to create your roadmap to financial freedom. The sooner you start, the better your chances of success.