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 rentals? There's a bunch of reasons, but overall, they quite simply WORK. Single Family Homes are great for when you're just getting started By and large, single family homes are cheaper than duplexes. And bonus, you … [Read more...] about Single Family Homes: My Choice for Successful Real Estate Investing
Build Wealth with Rental Properties
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 damn 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 willing to try. If not, I won't be offended, just don't be mean, k?? Take it away, Angela! --------------- Why Being a Landlord is a Good Investment With over a third of Americans currently renting … [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 service, you get to flex a bit of your empathy muscles. I hope she pays that damn bill, or I'll go ballistic. When I started out renting single family homes, a little over five years ago, I had no idea how it would go. … [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 Chiropractic practice Mrs. Cubert manages, and two for the fledgling rental empire. In each instance, it seemed like a no-brainer to establish the LLC structure for our respective businesses. If you go with what the … [Read more...] about Do You Need an LLC for That?
I've been patiently biding my time, waiting for the snow to melt away and the temps to clear the 50F hurdle. Maybe I mentioned it before, but winter and I do not get along. A post from a while back probably gave me a brave face, but I'm not afraid to admit the truth now. Let's dive into my early retirement diary, volume 2: Early Retirement Extreme! What's in Cubert's lab As far as what all that blather has to do with early retirement, there is a post in the works about my mad scientist-like statistical deep dive into the best places for Cubert and family to live. Strange things … [Read more...] about Early Retirement Diary: Volume 2