Making sense out of your dollars...
My amazing property manager sends me very detailed reports around the 5th of every month. Since, we get paid in 30 day arrears (1 month behind), we get paid last months rent the 5th of this month and etc etc. So… what goodies did I get in my inbox for this month? Dominique BrownDominique Brown [...]
As I told you guys before, I’m going to give you the actual break down of my current and future rental property purchases. For property 1, 2 and 3 I give you the month by month break down of income and expenses. For this go around you get all the numbers starting at purchase price. [...]
What’s one of the first things you learn when you start investing? Come on, I know you know what I’m talking about! You typically hear stuff like: Diversify you holdings Don’t put your eggs in one basket Make sure you have proper asset allocation So why do people throw this advice out the window when [...]
As many of you know I’m under contract and anticipating closing of rental property #4. I talked about it in the following article.. Should I pay down debt or buy another rental property? What you may not know is, we were supposed to freaking close on the property on April 12th. So what happened? Well, [...]
So the other day I told you about the funny negotiation story for property #5. Well… they sent over a list of stuff they did to the place that justifies a 5k mark up in price. Here is everything they did… (When keeping it real back fires) As I analyzed this repair sheet, I couldn’t [...]
Negotiating on rental property #5 is getting hilarious. So this property has 4 co-owners based in the UK, and they owe a nice chunk in back taxes. They listed the property for 26K, so I low ball at 18K. They finally get around to responding to my offer. They counter by saying, “We want 22k [...]
My amazing property manager sends me very detailed reports around the 5th of every month. Since, we get paid in 30 day arrears (1 month behind), we get paid last months rent the 5th of this month and etc etc. So… what goodies did I get in my inbox for this month? April Rental Income [...]
I think I finally found a way to talk about my finances without throwing my numbers all up in your face. If you haven’t noticed… I don’t talk about my specific monthly budget on my blog. I don’t talk about my specific income on my blog. I talk to you about stuff that helps you, [...]
I felt compelled to post a link to this amazing article on Forbes after posting my last real estate update. In my last article, (click here to read it), I broke down the latest real estate purchase. As soon as the article went live, it seems as though all of my inboxes started buzzing like an agitated [...]
