How To Retire Early With Rental Properties: In a recent video, I show you a simple strategy for becoming financially free via property. What’s more, you can use this powerful method starting with very little money!
In the video, I explain exactly how to retire early with rental properties. If you would like to be able to support yourself and your family without a 9 to 5 job, make sure to watch the full video until the end. You can watch the video at the top of this page or on YouTube.
In this article, I will give you a simple 3-step guide that will allow you to retire early using property. By the end of this blog post, you will have the blueprint for financial freedom, which you can use to escape your job!
If you find this how to retire early with rental properties guide useful, please help others to read it too. Please share this blog post on your social media pages. That way, more people will be able to exit the rat race and have more control over their lives.
1. How To Retire Early With Rental Properties: Calculate How Much You Need To Retire!
The first step is to calculate how much money you need each month to retire. This is how much you need to live comfortably, not in luxury. That could be anywhere from £2,000 per month to £10,000 per month. It will depend on you, your family, and your lifestyle.
Once you have that number, see if it could be lowered in retirement. If you currently live in London for work, could you move? If you didn’t have a job to go to, maybe you could even move abroad where costs are lower. Once you have that lower number, move to the next step!
2. How To Retire Early With Rental Properties: Determine How Many Properties You Need!
You now need to determine how many properties you will need to control to make enough for you to retire early. You should be able to make £1,000 per month profit for each property you secure. That means if you need £3,000 per month, you will need 3 properties!
You can make £1,000 per month profit by renting a property out on short stay lets on sites like Airbnb and Booking.com. This is very achievable if you know what you are doing.
3. How To Retire Early With Rental Properties: Use The Rent To Rent Strategy To Control Them!
But how are you going to get all these properties? If you don’t have a huge pot of cash in the first place, buying them could be impossible for you right now. Luckily, there is a strategy called rent to rent.
Rent to rent allows you to control properties without buying them. You rent a property from a landlord, and then, with the correct contracts and permissions in place, rent it out for more.
With rent to serviced accommodation (rent to SA), you profit from the difference between the price of a long-term rental and the higher price of short-term lets.
How To Retire Early With Rental Properties: Get Trained!
Now you know how to retire early with rental properties, it’s time to get some property training to help you actually do it! Join me at my next introductory online training event!
We have different online trainings throughout the year, each teaching different things. Here is a sample of what you could learn on one of our online introductory webinars:
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The SECRETS to becoming a successful property investor
Get immediate and actionable insights to accelerate your property investment journey.
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How to LEVERAGE other people's money to get started
Begin to understand the strategies to use to reduce the barriers to getting started.
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How to FIND fantastic property opportunities
Understand where property professionals source the best deals.
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How to RECYCLE your money again and again
Don't just do it once, repeat the process to build your property portfolio.
Property investing is not just for the rich! Learn the strategies that thousands of people have used to not only start investing, but become financially free! Tickets are free, so book your property training webinar now. If you are ready to take action, I hope to see you very soon!
