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If you reached financial independence, would you immediately quit your job? Before hitting his FI number, Chris Clothier wanted a way out of the work he was doing, but once he hit his passive income goal, he suddenly found working so much more fun than it was before. Now, even with a significant real estate portfolio and plenty of passive income to support his family of seven, he chooses to work every day instead of living the FI life—and he’s happier because of it.
But it wasn’t easy for Chris. He took a BIG hit in 2008 and almost lost everything. This scarred him going forward, forcing him to create his rental property “criteria” to build the dream investment portfolio for passive income. Chris loves real estate investing so much that he built an entire company to bring it to the masses, and he doesn’t want to quit working, even though he certainly could.
00:00 Buying Real Estate to Quit His Job
03:02 Investing with “High” Rates
06:44 Buying “Passive” Rentals
09:18 Losing His Properties in 2008
13:32 Chris’s Buying Criteria
18:13 Will He Ever Quit?
20:20 Could He Retire NOW?
23:25 Connect with Chris!