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… Continue reading Buying Rental Number 10
A couple of weeks ago I began preparing a presentation I was going to give at our second ChooseFI Alabama meetup. I took to the group and crowd-sourced what my topic was going to be. After a number of choices were thrown out, frugality is what most people had voted for. Perfect, one of the… Continue reading How Frugality Saved us $644k
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. The unfortunate thing is that you won’t truly know if they are a quality… Continue reading How to Get Good Tenants
Haven’t you heard its taboo to talk about money, politics, and religion? Well, we are going to go taboo in this article, but don’t worry, only one of those three is our focus today: money. And more importantly, debt. We are going to put all our numbers out here, so you can see just how… Continue reading Monthly Mortgage Goals
Intro Way back before I had ever heard of Mr. Money Mustache, ChooseFI, or the FIRE movement, I was interested in real-estate investing. I had zero knowledge, zero experience, and zero funds (literally to all three). All I had was a lifetime experience of growing up poor, a half read copy of the 4 Hour… Continue reading From One to Nine Rental Units in a Year
Housing is by and large the most expensive expenditure in the typical American budget. The average person spends 30% of their income on housing alone (which is one of the criteria I have for screening tenants, the rent must be 30% or less of their income to qualify). I genuinely find this to be a… Continue reading The House Hack that Allows us to Live for Free
This past week, I stumbled upon a real estate deal that could either be the deal of a lifetime, or just another property for sale. The problem was, I couldn’t assess how good of a deal it really was because it was an auction. But, it was located on the outskirts of civilization a town… Continue reading The Real Estate Deal that Wasn’t.