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Buy One House Per Year for 20 Years

July 28, 2016 By ESI 35 Comments

Can you become wealthy by buying a house every year

Here's a subject I can't wait to get your thoughts on. As I noted in Financial Details of My Real Estate Investments, we ran into an older, retired gentleman at property #3. He was the owner and seller of the property. He walked us around and we chatted for 30 minutes or so. He was a very nice and interesting man. As you might suspect, the subject came up of why he wanted … [Read more...]

Filed Under: Invest, Real Estate

What I Did Well and Not-So-Well in Real Estate Investing

April 25, 2016 By ESI 7 Comments

My successes and failures in real estate investing

Now that I've posted on the Financial Details of My Real Estate Investments, I wanted to share what I felt I did well in this effort and where I could have improved. I'm hopeful that my learnings can be helpful to others who are interested in real estate investing. What Went Well Here are the things I think that went well: Got knowledge from someone who knew what … [Read more...]

Filed Under: Invest, Real Estate

How to Buy a House and Pay Off the Mortgage in Less Than 10 Years

April 18, 2016 By ESI 46 Comments

How to pay off your mortgage in 10 years

Buying a home is the biggest purchase most Americans will ever make, spending hundreds of thousands of dollars in one chunk. In addition, there are a whole host of associated costs -- insurance, maintenance, taxes, furnishings, and on and on that make this a gigantic financial issue for all but the wealthiest of us. The impact buying a home can have on a family's finances is … [Read more...]

Filed Under: About, Debt, Real Estate, Save

Financial Details of My Real Estate Investments

March 3, 2016 By ESI 47 Comments

Drawing of house with various investment words pointing to it

Now that I've shared how I got started in real estate investing, I thought I'd give you the details on my rental properties. Before I get into the specifics, I want to share a few general comments: There are three properties with a total of 14 units. They are in-line with my real estate objectives and strategy. Before I purchase any property, I run financials … [Read more...]

Filed Under: Invest, Real Estate

My Road to Becoming a Landlord

February 29, 2016 By ESI 17 Comments

Landlord tenancy agreement

I've talked a few times about the fact that I own rental real estate. Today I want to share with you how I got started in it several years ago. Basketball Connection It all started several years ago when my son began playing basketball. A couple years into the process, a new family joined the team. Their sons had never played basketball, but they were both over 6 feet tall … [Read more...]

Filed Under: Invest, Real Estate

My Real Estate Objectives and Strategy

February 22, 2016 By ESI 18 Comments

Colorful plastic model monopoly houses

As I mentioned in Invest Overview: Fueling Your Net Worth and My Plan for Total Financial Freedom (AKA My Retirement Plan), real estate is a key part of both my investment and financial freedom plans. In a future post I'll share details and the financial performance of my rental properties. Before I do that, I wanted to highlight my objectives for investing in rental real … [Read more...]

Filed Under: Invest, Real Estate

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