Better Than Financial Freedom? This Is What You Really Want | Bigger Pockets Video

Episode #1169

Maximize Your Real Estate Investing with a Self-Directed IRA from Equity Trust:
link

Episode Show Notes:
link

Join BiggerPockets for FREE 👇
link

Let Us Know What You Thought of the Show!
link

Grab Dave’s Book, “Start with Strategy”:
link

Sign Up for the BiggerPockets Real Estate Newsletter:
link

Property Manager Finder:
link

On the Market 351 - Why 62% of Americans Never Break into Millionaire Status w/Nick Maggiulli:
link

Connect with Henry:
link

Connect with Dave:
link

Financial freedom—no boss bugging you, bills taken care of, vacations easily paid for, and time to do whatever you want. This is the goal of every real estate investor, and the goal Dave and Henry had when they bought their first rental properties. But now, they’re financially free, with real estate portfolios that can pay for their lifestyles and seven-figure net worths. Is financial freedom what they thought it would be?

No.

Dave and Henry could quit. They could vacation for much of the year. They could drive Ferraris. But…they don’t. They both continue to work and invest, even while being financially independent. But why? Today, we’re talking about why financial freedom is much different than you think, why Dave and Henry decided NOT to live off of their cash flow, and what actual financial freedom looks like (it’s not endless beach days).

You want financial freedom, but what if the reality of financial freedom is even better than you thought? Today, we’re showing you how to get there, how to change your financial freedom goals as you grow, and why getting to financial freedom slower will make you even happier.

0:00 Intro
2:10 Living off of Real Estate?
8:15 Why We Don’t Spend Cash Flow
12:18 Buy More vs. Pay Off Rentals
16:48 The Financial Freedom “Goal”
24:08 Flexibility Over Freedom
29:18 “Levels” of Financial Freedom