Process and Systems
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…
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…
Rental House Business – Year End Tax Activities
Its been a long time since our last post. We’ve been busy with all our year-end stuff as it takes quite a bit to wrap up a year for our little rental property empire. Here’s a glimpse into what we do the following in the…
How to Use Small Regional Banks to Finance Your Next Rental House
Our Small Regional Bank Story Many of you have asked for a post on how to use “small regional banks” to finance your next potential rental house. So here it is! Fortunately, it’s simple. The Stealthy Rich first on rental…
How to Buy Cheap Rental Houses like The Stealthy Rich in 5 Simple Steps (BRRRR)
-Spoiler Alert. Our houses are now free, well, basically free. Every property after House #26 has zero money out of our own pockets in the long term. This method is how you create wealth. You might have heard of the BRRR…
How to Score a Potential Rental Property
I get this question ALL the time, from friends, family, people online. They all want to know, the answer to the following questions “Should I just rent my house out if I move out of it?” Or, “Hey I found this great house…
All Systems are GO! How to Build Repeatable Processes for Your Rental Business (Part 2)
We reviewed the first half of our systems last week and talked about how they can help you streamline your business and help you grow to new heights. Today we will go through the second half of these processes that make …
All Systems are GO! How to Build Repeatable Processes for Your Rental Business
Now that we’ve wrestled the responsibility of managing our houses away from our property manager, we had to find a way to convert our manual processes into something faster and more efficient. You need repeatable, simple…