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How to Purchase Commercial Real Estate and Retire Early
Let's be honest, most Americans have a sick relationship with work.
If your work is meaningful, you take pride in it, you do a great job for your clients or employer, and you are preparing for a great retirement for your family once it's time, congratulations, you are in the rare top 20%.
For everyone else, there are some crazy ideas out there...
When it comes to retirement, or at least changing a toxic relationship to employment, a popular subculture and philosophy is "Early Retirement Extreme".
If you haven't heard of it, there's a whole movement around getting your expenses below $40k a year (yes, even with a family), saving most of your income, and then "Retiring Early" in your 40s to enjoy life and family.
Some of the founders of the movement take pride in riding a bicycle around town, fixing up their own house, growing some of their own food, etc.
I have nothing against this in principle, except that I don't think it's realistic at all for most people.
What I'd rather have you do is own assets.
I don't believe in getting your bills down to next to nothing and then trying to convince yourselves you don't want more out of life.
I believe in deciding what you want, and then rather than taking cash to go spend on that thing, you take the cash, combine it with knowledge and focus, and you go acquire an asset that'll allow you to have that experience or thing in perpetuity for free.
Have a mortgage that prevents you from doing more with your cash each month? Get a Lifestyle Asset to pay for your mortgage.
Want to take more and longer vacations, but the time off of work plus the money spent on flights and hotels is too much? Get a Lifestyle Asset to pay for your travel, offset the lost income with passive income, and pay for your stay.
Believe in being frugal, but don't like fixing your own cars or always taking an older used vehicle into the shop? Get a Lifestyle Asset and let your guests (who love you for the experience you've offered and come back every year) to pay for your car payments.
You get the idea?
I love the Early Retirement Extreme folks - they are willing to get creative and get serious about what they really want. I just hate their methods ;).
I also hate retirement - I don't plan to stop any time soon, even though I've been functionally "retired" and financially free for years. That, to me, is the kind of relationship to work more people should earn.
I don't want to do less.
I don't want to have less.
I don't want to give less.
It is investing in Lifestyle Assets that let me to do, be, have, and give more.
If that's more of your style then riding a bicycle and growing your own beans in the backyard, book a call and let's get serious about your plan for vacation home investing.
Cheers,
Shawn Moore
Founder & CEO at Vodyssey
You can listen to past podcast episodes here or watch here.
You can book a call with us here.
At Vodyssey, we are passionate about helping people achieve lifestyle and financial freedom investing in vacation homes. We love to share our years of experience with both new and experienced investors alike. If you don't catch us at the office, we will most likely be spending time with our families out on a river, beach or mountain somewhere, where the phones and computers don't work. If you want to join us and create financial freedom and lifestyle independence for yourself, check out our website at www.vodyssey.com today.
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Retiring early is a dream for many, but it may seem impossible to achieve. Purchasing commercial real estate can be an excellent way to achieve financial freedom and retire earlier. Commercial real estate assets can bring in consistent income, allowing you to build wealth and reach your retirement goals. With Vodyssey, you can learn how to purchase commercial real estate and understand the process of investing in commercial real estate.
Vodyssey offers a variety of podcast episodes and books on commercial real estate that can help you learn more about investing in commercial real estate assets. You can also find guidance on how to purchase commercial real estate and understand the complexities of the real estate market. With the information provided by Vodyssey, you can make informed decisions on investing in commercial real estate and create a plan to retire earlier. Make the most of your retirement goals and use commercial real estate assets to achieve financial freedom.
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