Building long term wealth through rental properties.
In you’re familiar with Brandon Turner’s BRRR strategy, then you know the final, and possibly most exciting, part of the process is the cash-out refinance at the end. BRRRR is an acronym for a popular investment strategy that stands for: Buy Rehab Rent Refinance Repeat …
2017 has been pretty incredible for us. For the past several years, we’ve talked about investing in real estate and buying our first rental property. But that was it. We just talked about it. We took steps towards our goal like growing our savings account …
The Troop and I have been homeless for the past four months.
Okay, that’s an exaggeration. We’ve been staying with his parents.
But we’ve been without our own home for that long.
Continue reading 15 Things to Expect When Doing a DIY Renovation
We know what you’re thinking. “You guys are STILL renovating that place?!” Believe us, we feel the same way. We naively thought we’d be fully complete, with us fully moved in up stairs, unit A rented, and us spending our free time at Fall festivals …
House hacking is a great way to get started in real estate investing. You get all of the benefits of owning a home (tax write-offs, low mortgage interest rates) as well as the advantages of having a rental property (rental income, more tax write-offs). Unlike …
Finding and purchasing your first investment property is intimidating. I know. It took me years to get over the fear and actually take the first step.
But it doesn’t have to be!
The reason it seems so inconceivable is because it’s such a large concept to grasp. Where do you start? What’s the first step? What if I fail?
Well I’m here to tell you that you can do it and there are six easy steps you can take to get you closer to buying your first real estate investment property.
Continue reading Six Easy Steps Towards Buying Your First Investment Property
It’s been 5 or 6 weeks since we’ve posted a renovation update on our first investment property. Every week I start to write one, but I don’t think we’ve made enough progress to release a full update. And that’s because a lot of the work …
First things first: Start here to learn about property #1, here for rehab update #1, and here for rehab update #2. Okay, jokes over. Where did the summer go? It’s August and we’ve spent the best of every available day working on the house. Well, …
Growing up, my uncle always told me “cash is king”. And I agree with that which is why our real estate investing niche is buy and hold properties that s cash flow.
The term “cash flow” is tossed around a lot when it comes to real estate investing and it seems every investor uses it differently making it hard to really compare apples to apples when looking at deals. Continue reading Understanding Cash Flow: Net vs. Free & Why It’s Important to Know the Difference
It’s been a little while since we posted an update but life has been BUSY. Over the last month or so, besides juggling this rehab and working our full-time jobs, we also went on a week-long vacation with The Troops family, I traveled to North …