Real Estate Investing Blog | Real Estate Financial Planner™

The Penultimate Guide to Safe Withdrawal Rates

by James Orr

The following is The Penultimate Guide to Safe Withdrawal Rates. Why not the “ultimate” guide? Because Karsten Jeske with Early Retirement Now made the ultimate guide already (which you all should read and I link to below). Our guide is intended to be an addendum to the amazing work he’s already done and the second-to-last guide you’ll need in addition to Karsten’s. I will continue to update this over time as I discover more resources or have more to say about it from modeling done with the Real Estate Financial Planner™ software. In this guide, I will primarily do two … Read more

Achieving Financial Independence and Retiring Early with Nomad

by Holly

IMPORTANT NOTE: This is written with my sons JC and Timmy as the intended readers. In the last post we discussed achieving Financial Independence and Retiring Early relying solely on savings invested in stocks. We compared how saving different percentages of income affects when you might expect to reach your FIRE date. The best outcome we modeled would allow you to retire in just under 14 years, but it would also require you to save 60% of your income. What we’re going to talk about today is what happens if we buy a Property (or several) instead of just renting … Read more

Impact of Savings Rate on Achieving Financial Independence and Retiring Early

by James Orr

IMPORTANT NOTE: This is written with my sons JC and Timmy as the intended readers. Previously, I had mentioned that any money that you spend on personal expenses is money that you can’t use to buy back your free time by investing in your financial capital bucket. I’d like to continue discussing this with a series of related examples. I’d like you to imagine for a moment that you’ve decided to do what many financial advisers suggest and that you save 10% of your income and invest it in stocks. You decide to enjoy the remaining 90% of your income … Read more

Types of Capital and Personal Expenses

by James Orr

IMPORTANT NOTE: This is written with my sons JC and Timmy as the intended readers. First, before we look at the core assumptions for achieving financial independence and retiring early, I need to tell you both: I love you… a lot. And, my love for you is unconditional. Some of what I am going to say can, when read in a certain mood, feel condescending and judgmental. That is not my intent, but I feel it will be negligent of me not to comment where I do have an opinion and, in some cases, very strong opinions about certain things. … Read more

Intro to Financial Independence and Retiring Early

by James Orr

In the summer of 2018, Tammy and I found ourselves with two sons, ages 20 and 22, entering the workforce. I sat down with each of them individually at different times to discuss their plans for work and ultimately their plans for retirement. Both expressed to me, independently, that they would like to retire early. As my own parents continue to age and with the passing of Tammy’s parents last year, Tammy and I have had several conversations recently about retiring early ourselves. I love helping people buy, sell and invest in real estate as a real estate broker. I … Read more

Part 5: FIRE with Jassen Bowman – Scenarios 10, 11 and 12

by James Orr

The following are the last 3 of the 12 Scenarios of common strategies to achieve financial independence and retire early that I cover with Jassen for a new book we are writing. Copy the tenth Scenario 5% Down Payment Owner-Occupant with Stocks, Buy Ten 20% Down Payment Rentals into your Real Estate Financial Planner™: Or, copy the eleventh Scenario Renting with Stocks, Buy Twenty 20% Down Payment Properties into your Real Estate Financial Planner™: Or, copy the twelfth Scenario Ten 5% Down Payment Nomads with Stocks into your Real Estate Financial Planner™: Check out the other parts of this series: … Read more

Part 4: FIRE with Jassen Bowman – Scenarios 7, 8 and 9

by James Orr

The following are the 7th, 8th and 9th of 12 Scenarios of common strategies to achieve financial independence and retire early with Jassen for a new book we are writing. Copy the seventh Scenario Two 5% Down Payment Nomads with Stocks into your Real Estate Financial Planner™: Or, copy the eighth Scenario Ten 5% Down Payment Nomads with No Stocks or Bonds into your Real Estate Financial Planner™: Or, copy the ninth Scenario Renting with Stocks, Buy Ten 20% DP Rental Properties into your Real Estate Financial Planner™: Check out the other parts of this series: Or, check out the … Read more

Part 3: FIRE with Jassen Bowman – Scenarios 5 and 6

by James Orr

The following are the 5th and 6th of 12 Scenarios of common strategies to achieve financial independence and retire early that I’m covering with Jassen for a new book we are writing. Copy the fifth Scenario Three 5% Down Payment Owner-Occupant with 60%/40% Stocks and Bonds into your Real Estate Financial Planner™: Or, copy the sixth Scenario 5% Down Payment Owner-Occupant with Stocks into your Real Estate Financial Planner™: Check out the other parts of this series: Or, check out the transcript of the video below. Transcript of Video Jassen: Hello, my name is Jassen Bowman, and on today’s episode … Read more

Part 2: FIRE with Jassen Bowman – Scenarios 3 and 4

by James Orr

In the following video and transcription, Jassen and I discuss the second two of the 12 Scenarios which cover common strategies for achieving financial independence in order to retire early. Copy the third Scenario Renting with Stocks into your Real Estate Financial Planner™: Or, copy the second Scenario Renting with Stocks, Buy 1 20% Down Payment Property into your Real Estate Financial Planner™: Check out the other parts of this series: Or, check out the transcript of the video below. Transcript of Video Jassen: Hello, Jassen Bowman, here, joined by James Orr creator of The Real Estate Financial Planner™ software. … Read more

Part 1: FIRE with Jassen Bowman – Scenarios 1 and 2

by James Orr

The following are the first two of 12 Scenarios of common strategies to achieve financial independence and retire early (commonly referred to as FIRE). Or, copy the first Scenario Renting with 60%/40% Stocks and Bonds into your Real Estate Financial Planner™: Or, copy the second Scenario 5% Down Payment Owner-Occupant with 60%/40% Stocks and Bonds into your Real Estate Financial Planner™: Check out the other parts of this series: Or, check out the transcript of the video below. Transcript of Video Jassen: Good evening James, how are you? James: I’m doing amazing. How are you? Jassen: I am amazing as … Read more