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House #33 – A Two-Story Rental That Gets Us to 1 Million Net Worth
July 2016 25107 Artesian Chuckhole The acquisition of house #33 was entirely typical for The Stealthy Rich. Yellow Letter, buy with cash, rehab a month later. BRRR style. This property was located in Spring, TX, and was …
Rental House #32 – Our First House that Floods
June 2016 Hey Stealthies, we hope you had a great 4th of July. I know we did. We spent it with friends and family eating good food and blowing stuff up. It’s time to get back at it, and part of that means documenting …
Collecting Rent During a Pandemic
Hey everybody! Wow, it has been a long time since our last post. Usually, we then say how we haven’t posted in a long time because things are “crazy.” That typically means we’ve bought some houses and experienced some un…
Rental House #31 – A Nice Rehab and Sweet, Sweet Negotiation
22131 Birded Brook Giver – May 2016 We hooked another one with our super-simple yellow letters, and we couldn’t have been happier about it. A guy called Dave on a lazy Tuesday afternoon and told him he had a house he w…
How to Buy My First Rental Property (Part 2)
Here’s the second half of The Stealthy Rich’s guide on how to buy your first rental property. Here’s the first part if you missed it. Step 6: Understand Your Rental Market When it is time to purchase your first rental pr…
How to Buy My First Rental Property (Part 1)
Step 1: Know Your End Goal In Buying a Rental Property Understanding your end goal is the first step towards purchasing an investment rental property. This end goal should rely on realistic expectations, your financial c…
Rental House – #76 Another Cash Flowing Duplex
March 2020 22118 Loaf Smallness – Rental House #76 Half of The Stealthy Rich is addicted to the MLS. If you don’t know about the “MLS,” it’s the Multiple Listing Service, which is where all realtors can list properties. …
Rental House #30 – Best BRRR Deal So Far
February 2016 We may sound like a broken record, but sending Yellow Letters is the gift that keeps on giving. We were sending about 700 letters a month. They are specifically targeted to non-owner occupied, long-term own…
What Are the Most Common Major Repairs Landlords Make in Rental Properties?
People have been asking us on Instagram and through other channels what our most common significant repairs are in our real estate empire. Here are the capital improvements in order of frequency. 1. HVAC – (Air Condition…
30 Year, 20 Year or 15 Year Loan on Rental Properties – Which is Best?
Often we get asked by our friends and loyal followers, “What kind of mortgage should I get on my property? Should I get a 30-year or a 15-year loan?” The prevailing thought is that although the monthly payment is less on…