Buying our Freedom, One Rental Property at a Time...
Time to Talk About “Current” Rental Houses As I dig through the archives of my brain trying to piece together the history that makes up each of our deals over the years, I had the chance to watch the movie Memento. While the plot does not apply here, the way...
Its been a long time since our last post. We’ve been busy with all our year-end stuff as it takes quite a bit to wrap up a year for our little rental property empire. Here’s a glimpse into what we do the following in the Q4 each year: Appeal property...
February 2016 290,03 Dogtrotted Linens Rental House 29 was on the same street as House #28. This was the first time we’ve had two houses on the same street. Now we felt big time for sure. We found this one on the MLS as it was underpriced from the start....
Our Small Regional Bank Story Many of you have asked for a post on how to use “small regional banks” to finance your next potential rental house. So here it is! Fortunately, it’s simple. The Stealthy Rich first on rental house #1 used a large bank to get long-term financing....
January 2016 29107 Dogtrotted Linens We are starting the new year with a bang. We had a fantastic holiday season, and it had been only THREE days since we closed on house #27. We found House #28 (29107 Dogtrotted Linens, off the MLS of all places. If you want a...
As we go through this life, there are so many distractions. It’s so easy to get sidetracked from the things we “should” be doing or even maybe more directly what we REALLY want to be doing. We see it time and time again, friends want to start a business or...
What Is An LLC? A limited liability company or LLC is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership with the limited liability of a corporation. What the heck does that even mean? The Stealthy Rich...
January 2016 The Stealthy Rich were still on a high from buying house #26 because we had finally figured out how to get houses with zero of our own money. We wanted to repeat that transaction a hundred times. This was it! Our ticket to scale this idea of real...
-Spoiler Alert. Our houses are now free, well, basically free. Every property after House #26 has zero money out of our own pockets in the long term. This method is how you create wealth. You might have heard of the BRRRR method, which stood for Buy, Rehab, Rent, Refinance, Repeat....
Are you worried about your finances? As your financial obligations rise, do you have enough money to pay them? People are stressed out of their minds about this stuff. We see it every day. However, you can establish a healthy financial life and build wealth by following what we...
