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Category: Real Estate

Lessons Learned From Our First Months of Real Estate Investing

Lessons Learned From Our First Months of Real Estate Investing

As I mentioned in our last post, we bought our first rental property about two months ago. Based on the calculations that I had done I thought it was going to cashflow (the amount left after paying all of the expenses and the mortgage) around $300 a month. I had been using this excellent spreadsheet from F.I. Nomad to analyze properties. It is a really great tool and helped me narrow my search and filter out properties that wouldn’t be…

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So We Bought a Rental House

So We Bought a Rental House

In 2017, we spent most of the year paying down our debts while also optimizing our finances and lifestyle such that we could start bumping up our savings rate to work towards our plan for financial independence. When 2018 started we began to lay the groundwork for maxing out our retirement accounts and investing the rest in a brokerage account (we dabbled with Betterment, but kept most of our investments in Vanguard). However, when I started running the numbers, I…

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