The Stealthy Rich

Rehab

Rental House #75 – A Perfect Flip

2020-01-20

Time to Talk About “Current” Rental Houses As I dig through the archives of my brain trying to piece together the history that makes up each of our deals over the years, I had the chance to watch the movie Memento. While…

House #24 Rehab for a New Buy and Hold Rental House

2019-06-23

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…

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 #7 – 22718 Carved Bearlike Burro – We’ve Got a Live One!

2018-11-20

December 2013 For house #7 on our asset list, it came from yellow letters once again. We got a call, and my partner, D, negotiated an excellent price for this three-bedroom, two-bath house. They were moving out very soon…

How to Buy a Rental House – Wash, Rinse Repeat

2018-11-09

My hand was shaking when I signed the loan documents. We had such a good plan, but I was still terrified. We laugh now thinking about this dumpy little 2 bedroom house with a flat roof and window AC units. We paid $45,00…

Financing and Money Source Evolution (How to Buy More Deals at Once)

2018-11-02

“Borrow a million dollars, and then find a way to pay it back…” Too Much of a Good Thing Sometimes you get so many good things coming your way that it becomes a problem. Do you remember the times as a kid when your paren…

House #5 – 23123 Erwin Pillow Whigs – When Disaster Strikes…

2018-10-18

September 2013 Now we were really cookin’! We had officially lifted a house 12 whole inches and rehabbed most of the inside very inexpensively. We then creatively financed the house and pulled all of our money out of it.…

Rental House #4 – 2434 Erased Diva – How To Get a Free Rental Property!

2018-10-08

September 2013 We have now purchased three houses, and we have them rented with tenants who pay on time, and they haven’t burned down.  We consider that a massive success. Now we think we are ready to take over the world…

House #2 – 4210 Chant Teenaged – How to Find Top Notch Contractors to Maintain your Rentals

2018-09-11

July 2013 With our first rental, we found a tenant, AND they were paying us rent! They were putting almost 700 dollars in our pocket each month. Delicious. This situation felt so good to us that we started having dreams …