The Real Estate Financial Planner Blueprint™
Sam Sells His Way To Financial Independence
Rules
If you remember, Rules modify Accounts and Properties in the Scenario. For this Scenario we have the following 8 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 Checking Account Account each month. We start out collecting $2,500 Inflation Adjusted per month from our paycheck and that increases with inflation over time.
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 Checking Account Account each month. We start out paying $2,500 Inflation Adjusted per month in personal expenses and that increases with inflation over time.
Buy Property When Account Has Down Payment
This Rule runs for the entire Scenario.
With the Buy Property When Account Has Down Payment, we buy a version of the Subject-To Property Property when the All-In-One Checking Account Account has enough to cover the total cost to close (which includes any down payment and closing costs) required to make the purchase of the Property.
We do limit the number of this Dynamic Property that we can buy using this Rule to 14 total.
Set Value On Properties
This Rule runs for the entire Scenario.
Sell Rental Properties After Owning Them For Specific Period of Time
This Rule runs for the entire Scenario.
Set Value On Properties
This Rule runs for the entire Scenario.
Set Value On Properties
This Rule runs for the entire Scenario.
Buy Property When Account Has Down Payment
This Rule runs for the entire Scenario.
With the Buy Property When Account Has Down Payment, we buy a version of the 20% Down Rental Property when the All-In-One Checking Account Account has at least $20,000 Inflation Adjusted plus the total cost to close required to make the purchase of the Property.
We do limit the number of this Dynamic Property that we can buy using this Rule to 5 total.
Copy Scenario into my Real Estate Financial Planner™ Software AccountBlueprint™ Menu of Sections
- Introduction
- Accounts
- Properties
- Rules
- Significant Events
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Sold Property After Owning It For 36 Months
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Achieved Financial Independence Goal
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Sold Property After Owning It For 36 Months
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Sold Property After Owning It For 36 Months
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Sold Property After Owning It For 36 Months
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Sold Property After Owning It For 36 Months
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Sold Property After Owning It For 36 Months
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Sold Property After Owning It For 36 Months
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Sold Property After Owning It For 36 Months
- Sold Property After Owning It For 36 Months
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Sold Property After Owning It For 36 Months
- Sold Property After Owning It For 36 Months
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Sold Property After Owning It For 36 Months
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Sold Property After Owning It For 36 Months
- Sold Property After Owning It For 36 Months
- Sold Property After Owning It For 36 Months
- Sold Property After Owning It For 36 Months
- Sold Property After Owning It For 36 Months
- Sold Property After Owning It For 36 Months
- Sold Property After Owning It For 36 Months
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports