Real-Life People #4
I have a friend who has worked in the medical field for about 15 years. Even though he has a decent retirement and is making …
Real-Life People #3
I know a man in ministry who is very disciplined with how he saves and invests his money. A while ago, he approached me and …
Real-Life People #2
Another person I know had a full-time job with a housing allowance (the job covered his housing). Rather than just wasting the extra money, he …
Real-Life People #1
About eight or ten years ago, a friend approached me about buying a house. He was 26 or 27 years old at the time, newly …
Real-Life People: Introduction
Imagine that you are looking to buy a business and happen to find one that has appreciating value, (almost) guaranteed cash flow, and the ability …
Trying to Get Started? Create a Checklist!
If you’re going to buy your first rental house (or subsequent rental houses), it is critical to create and follow a checklist. Doing so is …
Better Understanding Rental Property Repairs
It’s no secret that when things get old, they break. This typically holds true in the rental industry. In general, older properties are more of …
Case Study 10: Land Development Project
At every state of the market, there are strong points and weak points. Regardless of a market’s current state, it’s important to take a step …
Case Study 9: 45 & 46 Hubble Road and 156 & 157 Pine Street
A few years ago, we were looking at buying some duplexes to expand our portfolio. There were a couple in the area for sale—one didn’t …
Case Study 8: 12 & 13 Maple Road
I bought a duplex in Fayetteville from a man who wanted to get out of property management. When he first approached me, I didn’t have …