• 2019 Year in Review
    Do Everything Else,  Invest in Real Estate,  Live Longer,  Manage Your Money,  See More Places

    2019 Year In Review

    Goodbye 2019, hello 2020! 2019 was a year for the books. We did everything from buying our latest rental property to quitting our jobs and moving abroad, to becoming traveling nomads. While we have updated you all throughout the year on blog posts, we wanted to dedicate this article to 2019 by doing a year in review. 2019, Year In Review First Quarter We started the year off by traveling down to Gainesville, FL to attend CampFI Southeast. It was the perfect way to start off the new year. Traveling, meeting new people, reconnecting with friends, and being in the warm Florida weather all created the perfect weekend trip. Leading…

  • how to make $465 an hour on airbnb
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    How to Make $465 an Hour on AirBnB

    By the end of the week, we will be three months into our 6-month AirBnb experiment. We are trying to find out how much money we can make with a rental on AirBnb instead of long term renting. We’ve previously covered what you should consider when converting a long term rental into an AirBnb. Today, however, we are going to be focusing specifically on the money you can make with AirBnb. How Much Money Can You Make on Airbnb? Buying the Condo When we decided to get into rental properties, we started out by looking for a place that we could move into. The goal was to save money by…

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    Should I Convert a Long Term Rental Into AirBnb?

    Unless you’ve been living under a rock the past half-decade, AirBnb is one of the first companies that comes to mind when you are thinking of staying overnight in just about any location. There are currently over 6 million AirBnb listings. These accommodations vary wildly from a 14 bedroom mansion with a lazy river to a damn air-mattress in the back of someone’s car. The question is, should you capitalize on this popularity as a landlord? Should you seek out properties for AirBnb? Or, even easier, do you convert a long term rental property into an AirBnb? Convert a Rental Into an AirBnb As real estate investors, we’ve debated dipping our…

  • Putting Lipstick on a pig
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    How to Put Lipstick on a Pig

    What in the hell is ‘putting lipstick on a pig’? In the real estate world, this is an endearing term of dressing up a relatively shitty rental, or even personal home. Our ‘pigs’ usually have good bones, and are in good locations, but aren’t very easy on the eyes. This perfectly describes one of our duplexes. We will dive in and discuss the background of the property, first. Then, the ‘lipstick’ that we put on this pig. Finally, we will breakdown the financial result of our efforts. Background A few weeks ago, Emily and I listed one side of a duplex that had recently become vacant. To give you an…

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    4 Ways To Get Started In Real Estate

    As you all know, we are a little obsessed with real estate. In our opinion, it is one of the ‘easiest’ ways to reach financial independence in the shortest amount of time. Since we are still fairly young, we obviously don’t want to spend what are potentially the best years of our lives working on or for something we aren’t 100% passionate about. We are using our able bodies and minds to save and invest in real estate now so we can use that as our means of living in the future while our minds and bodies can work on other enjoyable tasks. If you would have asked me 4…

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    Cheap & Easy Home Renovations

    Appearance is everything when it comes to your home or rental property. Friends, family members, and tenants alike judge your place based on looks first and foremost and create their opinion of your place. This is why we take the time to do some cheap & easy home renovations to make them look newer, cleaner, and nicer. As a result, this increases our tenant pool, reduces vacancies, and gets us more rent in the long run. Also, we think it makes people prouder of the place they live, which is important to us as landlords. Take these cheap and easy tips from our 10+ renovations and apply them to your…

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    Thoughts From an Unexpected Landlord

    A little over this time 2 years ago, we bought our second property ever, leading to a whirlwind of investing, becoming landlords, and even home renovators. We bought our second property with the intention of moving and selling the loft where we were living in at the time (only we dragged our feet and moved out about 3 months later, and sold the loft a year later-but that’s beside the point). When we made this move, I don’t think I could have imagined how much our lives would have changed in two years, definitely for the better. We have accumulated 6 properties, 10 units total. Four of those properties have…

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    Goodbye 2018

    We think it’s no secret that we made 2018 our bitch. It was a hectic and eventful year for us, but we made some huge steps in the right direction. In this week’s post (coming a day later than usual due to the holiday schedule) we are going to go over some of the good and bad times we had in 2018 regarding our travels and our real estate. Travel We know what y’all are thinking: “You can’t travel. You’re trying to save money and travel is expensive.” Well, 1. Don’t be an asshole. And 2. You’re wrong. Travelling doesn’t have to be expensive at all, and while we are…

  • Invest in Real Estate

    Buying Rental Number 10

    Well, we’ve taken a major step back in our mortgage payoff goal that we talked about in our article about our Monthly Mortgage Goals. Like a $98,595 step back. Like an alcoholic who just wants to sit in a bar, it was only a matter of time before we fell off the wagon. Well, maybe our scenario isn’t quite that bad. We weighed our options and decided to go ahead and capitalize on a good deal while we were still working, and had the cash on hand for a decent down payment. The diversification of the deal is definitely an added bonus. To be clear, as I’m sure you gathered from…

  • how to get good tenants
    Invest in Real Estate

    How to Get Good Tenants

    One of the most common questions we get as landlords is: “How do you get good tenants?” And that is a very good question. One of the biggest concerns as a property owner is how will someone else treat my property. Hell, we live right next door to our tenants, so imagine picking your neighbor. The unfortunate thing is that you won’t truly know if they are a quality tenant until you already have them. But, you can definitely raise the likelihood that you get a quality tenant by qualifying them through these methods. Getting Good Tenants I’d like to preface the rest of the article with mentioning: to get…