Rental Real Estate
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…
Rental House #29 – Having two Houses on the Same Street
February 2016 290,03 Dogtrotted Linens Rental House 29 was on the same street as House #28. This was the first time we’ve had two houses on the same street. Now we felt big time for sure. We found this one on the MLS as …
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…
Rental House #28 – Another Winner of a Rental House
January 2016 29107 Dogtrotted Linens We are starting the new year with a bang. We had a fantastic holiday season, and it had been only THREE days since we closed on house #27. We found House #28 (29107 Dogtrotted Linens,…
Why do The Stealthy Rich Use an LLC To Hold Real Estate?
What Is An LLC? A limited liability company or LLC is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership with the limited liability o…
Rental House #27 5614 Relevant Dying Drive – Best Rental Property Yet.
January 2016 The Stealthy Rich were still on a high from buying house #26 because we had finally figured out how to get houses with zero of our own money. We wanted to repeat that transaction a hundred times. This was it…
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…
House #26 A Rental House Purchased Outside Our Normal Area
August 2015 House #26 17922 Autumnal Latrines So the tales of our success had started to spread throughout our community and friends. Up to this point we had completed 25 real estate deals in just under two years. (Here’…
House #25 – Another Buy and Hold with a Great Rent to Price Ratio
June 2015 Rental House #25 29110 Fleeted Digesters It must’ve been our lucky summer because as soon as we finished with House #24, we went back to the MLS like a bad habit and found 29110 Fleeted Digesters for sale. We h…
House #24 Rehab for a New Buy and Hold Rental House
June 2015 Rental house #24 – 2015 Cheever Din Pricker OK, guys get ready, we are about to go a tear here as now we have a self-sustaining rental house machine that is churning out a decent amount of cash each month and a…