The Real Estate Financial Planner Blueprint™
Ep 22 Norm and Norma - $25K Fix and Flips Every 3 Months - Invest Only in Stocks
Rules
If you remember, Rules modify Accounts and Properties in the Scenario. For this Scenario we have the following 6 Rules.
Let's look at each of the Rules below.
Paycheck and Personal Expenses
This Rule runs for the entire Scenario.
With the Paycheck and Personal Expenses, we collect a paycheck and pay our personal living expenses out of the All-In-One Account Account each month. We start out collecting $3,000 Inflation Adjusted per month from our paycheck and that increases with inflation over time. We do pay taxes on the amount we collect from our paycheck at a rate of 17.85%.
Paycheck and Personal Expenses
This Rule runs for the entire Scenario.
With the Paycheck and Personal Expenses, we collect a paycheck and pay our personal living expenses out of the All-In-One Account Account each month. We start out collecting $3,000 Inflation Adjusted per month from our paycheck and that increases with inflation over time. We do pay taxes on the amount we collect from our paycheck at a rate of 17.85%.
Paycheck and Personal Expenses
This Rule runs for the entire Scenario.
With the Paycheck and Personal Expenses, we collect a paycheck and pay our personal living expenses out of the All-In-One Account Account each month. We start out paying $3,930 Inflation Adjusted per month in personal expenses and that increases with inflation over time.
Lumpy Income
This Rule runs for the entire Scenario.
Passive Income
This Rule runs from Mar 2065 to the end of the Scenario.
Passive Income
This Rule runs from Mar 2065 to the end of the Scenario.
Copy Scenario into my Real Estate Financial Planner™ Software AccountBlueprint™ Menu of Sections
- Introduction
- Accounts
- Properties
- Rules
- Significant Events
- Achieved Financial Independence Goal
- Achieved Ideal Financial Independence Goal
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports