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. When our apartment lease was up, We crammed the contents of our lives […]
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 drinking pumpkin beer.
Boy is that not the case.
So what’s been holding us up?
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 […]
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 lately hasn’t been “photo worthy” I guess you could say. Lot’s of plumbing, electric, dealing with permits, and small projects that don’t make the best “before and after” Instagram posts.
But with every update, as soon I start writing, I realize a lot more work has been done than I thought.
Which has been really calming considering we are so far behind schedule.
Weeks 12 through 17. Let’s dive in.
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. BRRR is an acronym for a popular investment strategy that stands for: Buy Rehab Rent Refinance This […]
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. (more…)