We bought the Cottage house just a few days after Magnolia Fourplex. This was investment no.2 in Macon, Georgia. This property caught our attention because it was built in 2008 which is rare in Macon. The listing price was $59,000. When we initially inquired about it, it was rented for $850. If we are going […]
BRRRR (BUY, REHAB, RENT, REFINANCE, AND REPEAT) This is Blog Post 6 of The Getting Started in Real Estate Series. Today’s topic is the BRRRR strategy. BRRRR is one of the favorite real estate investing strategies among the real estate investing community and you will see why below. So, what is BRRRR? The basics: You […]
INVESTMENT STRATEGIES | Flipping | Live-In Flip | House Hacking | Turnkey Rentals | BRRRR | Welcome to the fourth blog post of the Real Estate Investment Series! In this post, we will discuss five of my favorite real estate investment strategies. There are many options when it comes to real estate investing, so how […]
In evaluating rental properties, it is important to account for unknowns and other operating costs. A lot of new investors optimistically evaluate properties and do not consider all potential costs. Once they realize what it costs to own and maintain the property, they may end up realizing that the numbers don’t work. Two important questions: […]
Magnolia was property No. 5 and it is by far my favorite property. Depending on who you ask, this may or may not be a good investment. We ran into a few hiccups and made some stupid mistakes on this purchase. However, it still checks all the boxes. It fits perfectly within our investment criteria. […]
In my post, “How to Prepare to Buy Your First Rental Investment Property”, I mentioned that FOCUS is key when it comes to investing in real estate. There are so many property options and paths you can choose from. This is the reason why many people, like myself, get stuck in analysis paralysis and delay […]
Buying rental property is my favorite way of building wealth. Stocks are great, but real estate investing adds a little spice to the wealth-building journey. Rental property investing is not as passive as investing in stocks, but if you hire a property manager, you won’t have to deal with broken toilets or angry tenants. Your […]
If you have been reading real estate books, you may know what private lenders are. For those of you who do not, private lenders are individuals like you and me that have spare money to invest. They can lend money to you at a higher interest rate for a shorter period so that you can […]
Buying property cash may or may not make sense in certain situations. If you ask Dave Ramsey, the answer is yes, but if you ask me, the answer is… Depends. If you have read any of my real estate investing blog posts, you know I am a big fan of using debt to buy real […]
Do you need one to start investing? No Should you consider opening an LLC or Corporation before you buys? Definitely. Depending on your circumstances, an LLC may be a must-have. I am not a lawyer and I would highly recommend you do your research or talk to a lawyer beforehand. If you ask me “Katherine, […]