How I Saved $11,000 on a Wholesale Deal
June 30, 2025 | 2.5 Minute Read While we actively market to find our own off-market deals, we still buy properties from wholesalers and subscribe to all their email blasts. In early May, one wholesaler sent us a 3 bed / 2 bath property. His asking price was $70,000. After reviewing comps, inspecting the property, […]
We Are Shifting Our Short Term Rental Strategy
March 25, 2025 | 3 Minute Read When we launched our first short-term rental (STR) in early 2022, we were excited by the potential for higher income. Our thought was simple: why not convert several of our long-term rental properties into STRs? As long as we could net at least $200 per month—similar to what […]
Why We Reject Some Section 8 Tenants
March 25, 2025 | 3 Minute Read Investing in rental properties with Section 8 tenants can provide stable, government-backed income. Many landlords are drawn to the promise of guaranteed rent payments—especially when the tenant’s voucher covers 100% of the rent. But here’s the truth: just because rent is guaranteed doesn’t mean every Section 8 applicant […]
My Section 8 Secret for Maximum Rents
April 7, 2025 | 2 Minute Read Section 8 has added significant stability and consistent income across our entire SFR portfolio. Most importantly is the strategies we implement to exponentially increase our rents each year. The secret sauce is in how you negotiate the max rent with Section 8. Let me show you how I […]
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 […]
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 […]
My Secret to 80% STR Occupancy During Slow Season
January 6, 2025 | 3 Minute Read After three years of running our short-term rentals, I dread our slow season – from December through February. And when I say slow, I mean dead. Last year, our average occupancy during these months is 16% below our normal average. For example, from December 1 to December 31, […]
Setting Goals to Buying a Turnkey Rental
December 2, 2024 | 3.5 Minute Read Buying a turnkey real estate investment property—one that is fully renovated, rented, and generating income—can be a low-effort way to start or expand a real estate portfolio. However, success in this type of investment requires clarity about your goals and well-thought-out strategies. First, you need to establish clear […]