Buying our Freedom, One Rental Property at a Time...
-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....
Time: The Great Equalizer If you haven’t noticed, The Stealthy Rich are obsessed with time and the time value of money. Time captivates us because it’s the one variable that is constant in our pursuit of wealth. It’s the one thing of which we can’t obtain more. Some people are...
After the last two deals, we were ready for a keeper, a house we could hold onto and rent for a long time. After all, this was our primary goal: to acquire rental properties, have the tenants pay down the mortgages, make a little cash flow, and benefit from appreciation...
September 2013 Now we were really cookin’! We had officially lifted a house 12 whole inches and rehabbed most of the inside very inexpensively. We then creatively financed the house and pulled all of our money out of it. There had to be more deals out there like house #4....
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...
