James and Emily retired from the rat race at the ages of 27 and 28.Through real estate investing and frugality, they managed to hit their Cashflow FI number in 3 years. Using their Cashflow strategy, they're planning to travel around Europe and continue to manage their properties from abroad.You'll love that story.We also chat about...Their turning point to reach FIBeing Cashflow FITheir real estate journeyLeaving their jobs and travelling around EuropeEnjoy this chat with James and Emily, and please subscribe to us in iTunes if you enjoyed it!Show notes and links from today's episodeBlog: Rethink the Rat RaceRethink the Rat Race on Facebook, Twitter and InstagramRedfinCamp MustacheMiss MazumaBigger PocketsCamp FIMs FiologyGold City Ventures Blogging for Profit courseKey takeaways from our chat with James and Emily1 - Reaching Cashflow FIJames and Emily keep their living expenses incredibly low, at less than $15,000 per year. As they reach FI, they're planning on spending even less. Thanks to their real estate properties, they're pretty much already there. The income they get every month more than covers their expenses (making over $72,000 per year) and with that money they're planning on living comfortably without working.2 - Their real estate strategyThey currently own 10 units, having bought their first one in 2017. They buy triplexes and duplexes, and their first one was with a 25% deposit down and a 30 year mortgage. They invested in an excellent area and are now enjoy the 2% rule (where they make nearly 2% of the property every month). They set aside 10% for maintenance and 10% for property management, and so far it's been going pretty smoothly.3 - What it's like leaving their jobsThey're going through all the paperwork to finally leave their jobs and go travel. Their strategy is to first take a leave of absence from work - but with no plan of ever returning! They're moving abroad to Europe, specifically Cyprus and will have the freedom to do whatever they want. Their friends and family are a mix of confused, excited and infatuated - as many of us know, converting people to FI lifestyle isn't so easy ;)Questions? Like or dislike? Leave us a comment!Want to support the podcast? Here are three things you can do.1. Start tracking your net worth with Personal Capital using our link. It's free.2. Subscribe to our YouTube Channel and get one extra LIVE episode from us per week.3. Join our Facebook group and connect with other members of the FI community.