The 4 Steps to Financial Freedom Through Real Estate in 2023

Financial freedom is the goal we’re all after. Whether you want to replace your nine-to-five income, retire your spouse or family members, spend more time with your loved ones, or just have enough money to travel the world, reaching financial independence is truly the American dream. And the wisest, most stable way to find financial freedom? Real estate investing! For generations, rental property investing has been the foundation of many millionaires’ portfolios, and you can repeat their path with four simple steps.

To give you the complete rundown on the four steps to financial freedom, we’ve got Dave Meyer, VP of Data and Analytics and host of “On the Market,” on the show. Dave embodies the financially-free life most people dream of. He lives abroad, chooses to work, and eats copious amounts of sandwiches every day. But what most people don’t see is the decade of hard work and dedication that Dave put in to get up to this point.

Dave will explain exactly how to calculate the passive income you need to find financial freedom, where to start investing in real estate, how to analyze a real estate deal from scratch, and the one tool that EVERY investor can use to build a rental property portfolio faster.

If you want to become a real estate pro in 2023, sign up for BiggerPockets Pro and use code “ANALYSIS20” for a special discount: https://www.biggerpockets.com/membership-types?utm_source=owned_media

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Join BiggerPockets Pro and Use Code “ANALYSIS20” for 20% off and a special gift from Dave!
https://www.biggerpockets.com/membership-types?utm_source=owned_media
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Grab Some BiggerPockets Merch:
https://bit.ly/biggerpocketsswag
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Find an Investor-Friendly Agent in Your Area:
http://biggerpockets.com/agentmatch
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Try the BiggerPockets Rental Property Calculator on Your Next Deal:
https://www.biggerpockets.com/rental-property-calculator?utm_source=owned_media
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Estimate Rent Easily with the BiggerPockets Rent Estimator:
https://www.biggerpockets.com/insights/property-searches/new?utm_source=owned_media
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Grab Dave’s Book, “Real Estate by the Numbers”
Real Estate by the Numbers
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Listen to The “On The Market” Podcast Wherever You Listen to Podcasts:
Spotify: https://open.spotify.com/show/2NlzZ9NtHtZ2uBuaDNoGzY
Apple Podcasts: https://podcasts.apple.com/us/podcast/on-the-market/id1615086704
BiggerPockets: https://www.biggerpockets.com/podcasts/on-the-market?utm_source=owned_media
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Watch Dave on the “On The Market” YouTube Channel:
https://www.youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA
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Watch Dave’s Last Webinar on Investing in the 2023 Housing Correction:

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Connect with Dave on BiggerPockets:
https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none
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Follow Dave on Instagram:
@thedatadeli or https://www.instagram.com/thedatadeli/

Episode #742

Show notes at: https://www.biggerpockets.com/blog/real-estate-742?utm_source=youtube&utm_medium=description&utm_campaign=none

0:00 Intro
1:23 Quick Tip
2:19 4 Steps to Financial Freedom
4:15 Meet Dave!
6:11 1. Calculate Your “Freedom” Number
11:59 2. Pick Your Market
22:10 3. Find the RIGHT Property
39:08 How to Analyze an Investment Property
56:06 Investing in 2023
57:55 4. Purchase a Property! (and Use THIS)