The Stealthy Rich

Rental Real Estate

Rental House #16 – Yellow Letters again For The Win!

2019-03-07

8-2014 Rental House # 16 – 23319 Vented Earwig With our first two duplexes under our belt, it felt good to get a “normal” lead again.  We were mailing yellow letters to about 500 homeowners twice a month.  Once again, we…

Rental House #15 – Another Duplex Added to the Portfolio

2019-03-01

8/2014 2350 Sauntering Sunlamp – Duplex #2 As soon as we got House #14 locked down, we were all ready to go on a second duplex nearby. We found this property through our yellow letters yet again. These letters are making…

House #13 29514 Niftiest Bleeder – Finally A Long-term Rental to Maximize Cash Flow!

2019-02-12

After the last two deals, we were ready for a keeper, a house we could hold onto and rent for a long time. After all, this was our primary goal: to acquire rental properties, have the tenants pay down the mortgages, make…

House #12 22502 Depraving Tigers – Another House Flip to Boost Our Net Worth

2019-02-01

May 2014 We did it! With enough cash from our prior houses, we decided to buy a home with cash! 22502 Depraving Tigers was a little, unassuming house that we found through our yellow letters. The owner was VERY intereste…

House #11 28710 Eastern Rosette – Best House Flip So Far

2019-01-24

May 2014 This property was a fun one. We sent out about 500 letters over the last few months, and one of the calls we received was for 28710 Eastern Rosette. It was our traditional three-bedroom, two-bath house in an old…

House #10 – 29006 Northeast Teeters -Another Rental House from Yellow Letters

2019-01-21

New to our story? check out House #9 April 2014 Hard to imagine this was our tenth deal. In one year we have bought over ten houses keeping 8 of them. Looking back, we can confidently say that holding real estate is our …

All Systems are GO! How to Build Repeatable Processes for Your Rental Business (Part 2)

2019-01-10

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

2019-01-01

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…

How to Send Yellow Letters to Buy Discounted Properties

2018-12-12

Buying a rental house is fun and has made us a great deal of money thus far. However, we needed to find a way to buy them even smarter, cheaper, faster. Until now, we had been good at scouring the local MLS (Multiple Lis…

House #9 – 2702 Drifter Overbooks – Letting Go of Another Money “Factory”

2018-12-07

May 2014 Another House Flip to Generate Cash Hindsight is 20/20 yo. This mindset is the phrase that comes to mind when I think about house #9. We found 2702 Drifter Overbooks through our yellow letters campaign. An old, …

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