Buying our Freedom, One Rental Property at a Time...
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....
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...
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...
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...
8-2014 Rental House # 14 – 22204 Loaf Smallness Time to get to 14 properties. It was amazing to think we were about to reach that number of houses after just two short years. 22204 Loaf Smallness was a little different than our previous homes, however. This house was a...
November 2013 Buying Rental Houses My partner and I were now getting good at buying houses, especially from these yellow letter lists from which we had been sending letters. Our problem now was having enough capital to close deals. We started getting friends to loan us money for the short...
August 2013 Now, we were rocking and rolling with two houses, we had renters, and we had done a pretty significant rehab on the second one. We were now hungry for a third property to continue to build our cash flow snowball. We scoured the MLS and came across 24139...
June 2013 How to Buy a Rental House Like a Boss After that fateful lunch in Spring 2013, D and I banded together with three other guys who were eating lunch with us that day. Our goal was to buy some rental houses, and have an experiment with renting to...
The day I decided I was going to get rich was March 8th, 2013. I remember it was a Friday, and I was meeting some friends for lunch. We always went to this restaurant during Lent, because they sold fish tacos half price. After we pounded down some grub, we...
