MFREE 006: How do you become a successful passive investor? with Travis Watts

Aloha, It’s Shelon "Hutch" Hutchinson here! If you’re enjoying 'The Multifamily Real Estate Experiment' podcast, please like, comment, and share our episodes to help us reach and inspire more people. Thank you for your support!Join us as Travis Watts teaches us what it takes to reach financial freedom at a very young age. Travis talks about how he was able to create more life options and opportunities by investing in cash flowing multifamily real estate syndications.  Travis Watts is a full-time passive investor. He has been investing in real estate since 2009 in multi-family, single-family and vacation rentals. Travis is also the Director of Investor Relations at Ashcroft Capital. Travis has invested in over 27 passive syndications between 14 different firms. Travis now dedicates his time to educating others in the world of investing and has made it his mission to share passive investment strategies in order to help others achieve and maintain wealth in real estate.Huge take aways:- Educate yourself early.- Work for money and then put that money to work for you as quickly as possible.- The Financial Independence Retire Early (F.I.R.E.) movement      - FIRE movement 4% rule calculation       - Passive income goal x 25 = amount to invest       - EX: If you want to live off of 40k a year while only pulling 4% from your portfolio,           then you need -->  40K x 25 = $1,000,000 in investments   Resources mentioned Passive Investor resourceRich Dad ProphecyTax-Free Wealth by Tom WheelwrightEmail: [email protected] Facebook: Travis WattsAshcroft CapitalLinkedin Released Mar 11, 2020.*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*Thank you to all of our listeners!!! We would love to hear from you!!!Email me at:[email protected]*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*=*Visit our website to find out more:www.hsquaredcapital.comJoin our Facebook Group:The Multifamily Real Estate ExperimentFollow us on Instagram:@hutchthemarineinvestor