Tagged: Real Estate

House #9 – 2702 Drifter Overbooks – Letting Go of Another Money “Factory”

May 2014 Another House Flip to Generate Cash Hindsight is 20/20 yo. This mindset is the phrase that comes to mind when I think about house #9. We found 2702 Drifter Overbooks through our yellow letters campaign. An old, tired landlord contacted us and wanted to sell. D negotiated a...

House #8 – 23307 Pinery Riverbed – A Rental House with the Tenant Included!

May 2014 A few weeks after we added house #7 to the farm, we came across another fantastic deal in 23307 Pinery Riverbed. This property was a four-bedroom, two-bath house close to our foundation project house. It was an investor/contractor who had bought it and fixed it up and was...

House #7 – 22718 Carved Bearlike Burro – We’ve Got a Live One!

December 2013 For house #7 on our asset list, it came from yellow letters once again. We got a call, and my partner, D, negotiated an excellent price for this three-bedroom, two-bath house. They were moving out very soon and were prepared to sell. It needed a little updating and...

housebuilding

House #6 – 4536 Avid Beet Kruger – A Painful Lesson with rental property

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...

House #2 – 4210 Chant Teenaged – How to Find Top Notch Contractors to Maintain your Rentals

July 2013 With our first rental, we found a tenant, AND they were paying us rent! They were putting almost 700 dollars in our pocket each month. Delicious. This situation felt so good to us that we started having dreams of an army of tenants paying rent every month. Dave...

Zero to 50 Rental Houses in 5 Years…

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...