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FIRE, Part 2 – Financial Independence with Real Estate

We talked about FIRE as in Financial Independence, Retire Early in a previous blog post (that you can read here). But when it comes to the term of “FIRE,” we also have a slightly different, but playful interpretation of what it means. At DoorInvestor, FIRE also means Financial Independence with Real Estate.

It is quite obvious because our focus is on multifamily investing. Our goal is not necessarily to “retire early,” but definitely have our eyes on “financial independence.” That is why it makes more sense to us to swap “retire early” with “real estate” – applying the same 2 letters “RE” in the term of “FIRE” – but with better context.

Keep in mind, when you invest in Real Estate, you are not anywhere close to “retire early.” You are still actively working with deals, numbers, and people. For those who think negatively about “retire early,” it is not the concept we are talking about here. Instead, as part of our journey to achieve “financial independence,” “real estate” is the vehicle (or method) that we believe in, and what we execute with.

There are many possible ways to achieve financial independence, saving all your earnings is one way, winning the lotto is another way. But from a pragmatic standpoint, we choose the real estate way.

We can never give enough credit to the purple book, Rich Dad Poor Dad, for guiding us to the concept of FIRE. If you have not read this book yet, now is the time.

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