The numbers are in for 2021... 6 doors acquired in 2021... 8 total doors owned (all SFR)54k in rents, 24k expenses, 30k cap ex, and 30,500k in PITI...For a grand total of -31k net cash flow!!!but...400k equity growth!...
There's so much in this business that I just don't understand. On a fairly regular basis I will get a call from someone who needs to rent or they want to buy with owner-financing. And they have no money for the d...
I currently drive a beat-up old minivan with 240K miles on it. Yeah, I sacrificed myself to jump-start my rental business. I plan on buying the Tesla Cybertruck as my main vehicle. Recently, a thought came to me. ...
I have owned and operated properties since 2007, and have always had a NO smoking and NO pets policy. As of late, I am getting a lot of requests for needing a "service animal" or "therapy animal". I don't know if this...
Does anyone else believe in Austrian Economics & follow Peter Schiff & Lew Rockwell & think that when the everything bubble pops in next couple years (we are already in 2nd longest expansion ever) that we ...
Just a fun post here. I have been a SFR investor for 15 years and now have $2M in rental RE while working a full time career. The cash flow was tight for years it seemed but the snowball of debt paydown is rolling b...
I moved to DFW in 2005 about a year after law school and immediately purchased what I perceive as an expensive house. I spent way more than I should have and bought way more house than I needed. Like many people my...
I posted this elsewhere but figured I'd share my 5+ year ongoing story of buying rental properties to encourage members here. Personal Background
Most of my childhood was spent growing up inside a tenant house on a...