It’s All About the Numbers
June 23, 2025 | 2.5 Minute Read Yes, we buy a lot of houses. But this particular property gave us some interesting decisions to make. Our plan is to buy and hold, but as we walked through the home and reviewed the layout, we realized we had a few value add options to increase monthly […]
The Best $20K I Never Made
June 9, 2025 | 3 Minute Read Last week a virtual wholesaler brought us a property. The asking price? $65,000. My business partner of over 10 years, Jeff, and I happened to be nearby finishing up a renovation project, so we decided to stop by and walk the property together—a rare occasion, since I usually […]
Profits, Pivots & Passive Income
March 19, 2025 | 3 Minute Read The first half of 2025 has been pretty decent, and I wanted to share a behind-the-scenes look at how our current real estate projects and exit strategies. From profitable turnkey flips to rent increases on long-term holdings, we’re adapting to market shifts with a focus on stability, cash […]
The Wealth Illusion: $8 Trillion Gone
April 14, 2025 | 3 Minute Read Last week in just 48 hours, U.S. stock markets shed around $8 trillion in value. Overnight, retirement accounts, investment portfolios, and 401(k)s looked a whole lot smaller. So here’s the question we should all be asking: If wealth can disappear that quickly… was it ever truly real? Welcome […]
I Made $100K This Month. How’d You Do?
March 24, 2025 | 1.5 Minute Read March turned out to be a solid month. While in Dallas for a conference, we sold one of our turnkey properties. Now, I’ll be honest—I hesitated to sell this one. It was pulling in a 16% net cap rate, which is nothing to sneeze at. So why let […]
You Need Multiple Streams of REI Income
March 24, 2025 | 3 Minute Read When I first started investing in real estate back in 2002, my sole strategy was wholesaling. It had a low barrier to entry with minimal costs, making it an easy way to get started. And it worked—until 2008. When the market crashed, buyers disappeared, and most wholesalers quickly […]
Why I Refinanced My Airbnb
March 3, 2025 | 3.5 Minute Read Last week, I completed a refinance on one of my short-term rentals (Airbnb). I had owned the property free and clear for nine years. For the first seven years, I rented it to two different Section 8 tenants. Since there was no mortgage, my cash flow averaged around […]
Identifying the Buyer for your Turnkey Property
February 10, 2025 | 3.5 Minute Read Last week, I discussed a sizable turnkey rental portfolio an investor is looking to sell. Naturally, the seller wants top dollar. If the properties are fully renovated, occupied by reliable tenants, and priced right, a strong sale price is possible. However, determining the initial asking price requires careful […]
Read This Before Using the BRRRR Strategy
January 20, 2025 | 2.5 Minute Read Recently, an out-of-state investor approached me for guidance on employing the BRRRR strategy. BRRRR, which stands for Buy, Renovate, Rent, Refinance, and Repeat, is a popular method to build wealth in real estate. The investor had gone under contract for a property priced at $75,000, planning $20,000 in […]
Here’s How Much I Earned with this Short Term Rental
November 18, 2024 | 2.5 Minute Read Last week, a memory popped up on my Facebook feed: a photo of my wife, Gina, setting up one of our short-term rentals. She and her mother Faye did an amazing job designing this property. I figured it was the perfect opportunity to discuss my reason why we […]