Category: Uncategorized
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August 7, 2022
Today I didn’t do much as I spent the day watching my truck being worked on. It didn’t cost a whole lot, but the day was shot. What I did do was email Anton the loan officer. I told him about our plans to add units and asked him for some guidance. I want to…
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August 6, 2022
I didn’t do much today other than listen to BRRRR some more. I also gave some thought to my options if I can’t get approved for a construction loan for the ADU projects. 1. Sell the duplex while we still get the owner-occupied exemption and roll it over into something bigger. There is about 600k…
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August 5, 2022
Remember when I said I was going to second-guess myself? I was stressing about how to find a market in which to invest, so I watched a Biggerpockets video and got some more insight. People live where the jobs are. Look for areas where there are numerous Fortune 1000 companies. Three hours later…I just found…
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August 4, 2022
I continued listening to BRRRR and reading “Long-Distance…”. I’m really enjoying the listen and read. There is a lot of good information. I’m finding each section very interesting and enlightening. There is so much good information on creating a team with quality people, metrics to look for, the rehab process focusing on “forced apprecation”. I…
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August 2, 2022
I continued listening to BRRRR. I need to get back to the “Long Distance…” investing book and finish that one. I also got a list of the top 300 US cities by population and culled it by removing anything with a population growth rate of 1%. I started looking at real estate values and rental…
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August 1, 2022
I’m pretty excited; I signed some disclosures for a HELOC today. My credit score was 735 when it was pulled. I was a little worried it might be hit because I’ve been searching for a HELOC and have had my credit pulled a couple of times. I also listened to BRRRR some more and started…
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July 31, 2022 BRRRR
I think I’m going to be second-guessing myself quite a bit on this journey. I started listening to BRRRR (Buy, Rehab, Rent, Refi, Repeat) and found out that my strategy of Googling “emerging rental markets” and choosing the cities mentioned the most is not the right idea. That aside, I’m really enjoying the book. I…
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The Beginning (Kind of)
Hello, my name is Brian and I have started this blog to chronicle my journey to winning the rat race. I’ve decided that I would like to make a concerted effort to amass income-producing assets to provide security and freedom for my family. This blog is one of the ways I will use to hold…