Why do I prefer single family homes as rentals in our real estate portfolio? There’s a bunch of reasons, but overall, they quite simply WORK. Single family homes generally aren’t typically what most think of with successful real estate investing. Most often we’re led to believe it’s the duplexes, quadplexes, and small apartments or commercial […]
Real Estate Investing & Landlord Skills
Learn how to build wealth with planful and smart real estate investing! Learn how to be an effective and prosperous landlord. Learn how to find and set up rental properties. Then, optimize your rental business by improving your handyman skills and tenant screening tactics.
Real estate rentals can be hard work in the beginning, but with the right choices up-front, they become passive investments that save you time and reap significant wealth.
Is Being a Landlord Worth the Hassle?
When I started out renting single-family homes, a little over five years ago, I had no idea how it would go. All I had was a spreadsheet that seemed to show a promising return on investment, and a good friend and established landlord to mentor me. If the rent checks keep rolling in it’s easy […]
The Benefits of Having an Accountant You Can Trust
After writing all of these lovely posts about early retirement, you’d think by now I’d have shared my affection for our accountant. The Wizard of my Oz. The Swami of my Savings Plan. The Shining Light in a cold, dark world. For one, ours is pretty good at what he does. He’s saved us a […]
The Hidden Costs of Home Ownership
Homeownership can be a cascade of comical events. If you’re not familiar with the term “money pit” or the movie that made it famous, you should give it a screening. (Just be sure to ignore those rotten tomatoes.) Our very own personal money pit adventure might not warrant so much as a titter, much less […]
Using Cash on Cash to Determine Real Estate ROI
Let’s travel back for a moment to the world of spreadsheets that I quite enjoy. Away from the sea of social media cheese where you can easily get distracted from the cells and formulas that truly make the world turn. Read on to unravel the mysteries of cash on cash return (on investment) for evaluating […]