Ever wondered what it would be like to personally manage a handful of real estate rentals? Today, we'll peer into the mystical realm of the small-time landlord. (Cue Game of Thrones theme song.) For those not familiar with some past posts on this topic, it's the rentals that gave us the juice to enter the FIRE orbit. I like to tell others how passive long-term rentals have been … [Read more...] about A Day in the Life of a Small-time Landlord
Build Wealth with Rental Properties
Single family homes generally aren't the first thing you think of when considering the rental property game. More often, it's the duplexes, quadplexes, and small apartments or commercial space that come to mind. Our rentals are all single family dwellings. They're all stand alone houses, except for the Airbnb, which is a condo. Why do we focus on single family homes for our … [Read more...] about Single Family Homes: My Choice for Successful Real Estate Investing
Hi everyone! I probably sound like a broken record with how much I go on and on about real estate this and real estate that. Blah blah blah. Well, it's for a dang good reason - passive income!!! I'm happy to share a guest post today by Angela Pearse from Zumper.com. Check out this quick and insightful read, and let me know in the comments if being a landlord is something you're … [Read more...] about Why Being a Landlord is a Good Investment
The latest round of texts from my tenant at Rental A, a single mother of three, prompted this post. The hidden benefits of being a landlord are many, especially when you manage your own rentals. I frankly didn't expect I'd become a more patient and compassionate person by becoming a landlord. But when you get a letter from the natural gas utility of impending disconnection of … [Read more...] about The Hidden Benefits of Being a Landlord
This post is for you, if you've ever tried learning a subject in earnest, only to wind up more confused than when you started. That's the case with yours truly and Limited Liability Companies (LLCs.) It could be I just have a terrible attention span, or reading about THIS subject is simply as exciting as watching snow melt in a Minnesota spring. We have three LLCs. One for the … [Read more...] about Do You Need an LLC for That?