Buying our Freedom, One Rental Property at a Time...
June 2015 Rental house #24 – 2015 Cheever Din Pricker OK, guys get ready, we are about to go a tear here as now we have a self-sustaining rental house machine that is churning out a decent amount of cash each month and allows us to replenish a fund for...
May 2015 House #23 29019 Ethernet Toasters OK, guys, we were so happy after we got House #22 up and running, so we wanted to do it all over again. We got a call from one of our trusty wholesalers who had a contract he needed to re-assign stat! My...
April 2015 23010 Vilest Admirer – A Great Buy and Hold Rental After getting House 21 stabilized and rented, we were ready for another project! One day out of the blue, the prior owner of House 17 called us up and wanted to sell us his other house in the...
March 6, 2015 House #21 23115 Caloric Censor – Buy And Hold Yet Again! This time around, we found 23115 Caloric Censor through a wholesaler. We have gotten on the email list of many of these guys. 98% of their deals are garbage, way overpriced inflated ARV values, but sometimes...
January 2015 I know its been a while since our last recap on house #19; however, life got in the way with soccer games, kid’s concerts, and weddings. You know, all the things that we are trying to focus on instead of working or making money, but let’s get back...
What is our most signficant financial metric we track? Net Worth What is Net Worth? Your net worth is everything you own (your assets) minus what your debts (your liabilities). Assets include cash, investments, your home and other real estate, automobiles, or anything else of value you own. Liabilities are...
3-6-2015 House #19 2014 Chou Dow Route – A long-term hold We grabbed house #19 off yellow letters yet again. I know it sounds really mundane how we source these deals, but we are creating a cash flow snowball, and it’s starting to gain some serious momentum. 2014 Chou Dow...
11/13/2014 Perfect Little Flip House I know we’ve highlighted a bunch of flips here so far, but hopefully, this is our last one for a while. We are in that constant need of more capital to fund more long term deals, and so that’s the case with house #18 3122...
I get this question ALL the time, from friends, family, people online. They all want to know, the answer to the following questions “Should I just rent my house out if I move out of it?” Or, “Hey I found this great house, should I make it a rental and...
October 2014 6503 Brokerage Divot – once again, we had to flip a property to get some cash. This house was just like the rest; our yellow letters were working incredibly well. A single guy owned this home who was freshly divorced, and all his kids had grown and left...
