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 […]
Tag: financial freedom
How to Analyze Rental Property Investments
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: […]
4 Budgeting Tips I Wish I Had Known Earlier
A lot people dislike budgeting. I totally get it, I did too! The word budget itself comes with a stigma. Budgeting is often seen as restrictive and boooring! I am not going to say budgeting is a lot of fun, but it can be. So how did I go from hating budgeting to loving it? […]
If I had known what I know now…
Do you ever hear or read about someone who already accomplished what you are trying to do and think to yourself “If I had known what I know now, I’d be there already”? I was having a conversation with a friend about this the other day and thought I’d share. I know we shouldn’t compare […]
Using Other People’s Money to Buy Real Estate Investments
We officially became real estate investors in May 2019 and I can’t believe how much we have learned along the way! It’s been quite an adventure, but so worth it. Each deal takes us to the next level. In our deal, Big Horn, we learned the power of private money. In all of the real […]
How Having a Money Management System Can Change Your Life
Becoming Financially Independent requires some sort of discipline when it comes to managing your money. Yes, I know. It’s boring and dreadful. Wouldn’t it be nice if we didn’t have to put any effort. There are people who are savers, great with money and don’t even need to budget and that’s great. The majority of […]
Beyond Just Numbers – Challenging Your Money Mindset and Believes
Some of us tell ourselves that when we make X amount of money and can afford X amount of things, we’d be happy. Therefore, we spend our lives working hard towards that goal. Sadly, we live in a society that associates the overachiever, the hustler and the workaholic with success. Often success is associated with […]
Can You “Retire” Early? How We Plan to Become Financially Free in Our 30s
Have you ever considered that early retirement is within your reach? I didn’t. However, financial independence and early retirement might be closer than you think On July 3rd, 2020 while driving to Six Flags in Georgia, Ryan and I were listening to the BiggerPockets Money Podcast. In this episode, they interviewed a couple who managed […]