Discover why so many successful investors support their investment careers with house hacking—and learn from a frugality expert who has “hacked” his way toward financial freedom!
Wednesday, May 27
So at this point we were pretty tapped on cash, but had good equity in our house, so we decided to approach the bank for a home equity line of credit (HELOC). The bank was happy to do it, and gave us a HELOC for $50k at 5% interest. In May/June 2014 we found a house on Auction online at homesea...
So just a few months after our duplex purchase, we found an approved short sale in the Bannister mall area of KC for $36,600. We decided to buy in the Bannister Mall area since Cerner announced a $4 billion construction going on less than a mile away for a tech center with over 12,000 employees ...
So I realized it has been way too long since I have given an update, so here goes! I guess I will give an update on the first property we bought. Back in September of 2013 we found a duplex for sale in Grandview for $65k and both sides rented for $1100 total. Not too shabby! So we decided to ...
Saturday, August 03
So it has been quite a journey over the last several weeks! We went and looked at several houses with our realtor and found a great 3 bed/1 bath ranch house that was completely updated in North Kansas City with an asking price of $72k that we decided to put an offer on. The projected rent was $...
Saturday, July 20
So here is a little update from last week. First thing first, really think long & hard about your business name before doing anything. We had an appointment set up with a CPA to form our corporation this last Friday, but in the meantime I was eager to get the ball rolling!So my wife and I ...
Friday, July 12
So my wife and I are starting a new venture into buy and hold SFH real estate. My goal with this blog is to keep all of you posted on the trials and tribulations of a new investor and hopefully this will help you to become a better investor and avoid some of the same mistakes I am sure we will m...
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