How to Calculate Your Financial Freedom Number

This episode begins with a humorous discussion about how many pairs of underwear to pack for a seven-day trip and transitions into one of Scott’s favorite topics: real estate investing. Scott shares insights on calculating one’s ‘freedom number’ – the number of real estate units needed to achieve financial independence. By breaking down the essentials — such as the personal comfort number, profit margin, and average income per deal —Scott emphasizes the importance of knowing your numbers to reverse-engineer a path to financial freedom. The episode concludes with a reminder to stop guessing and start calculating to ensure a clear path to business success.

00:00 Packing for a Seven-Day Trip

00:06 Funny Answers from Friends and Family

01:31 Social Media Trend and Real Estate Investing

04:34 Finding Your Freedom Number

06:22 Conclusion: It’s All About the Math

Calculate your Freedom Number at: http://www.FixThisNextForRealEstateInvestors.com

Special thanks to my friends and family who allowed me to ask this question.