If you've been following on social media, you'll know we just finished work on our very first house flip! Overall, our experience has been a very positive one and we took several lessons away from the process. Here are the five lessons I took away from that first flip. 1. Run your numbers. Carefully. Buying a home for yourself usually carries a lot...
For this post, we've brought back my lovely wife Kristen, the Real Estate Rookie! She's put together a great look at what it takes to get you and your spouse on the same page when it comes to real estate investing. One of the most common questions Nate gets asked is: “How did you get your wife on board with real estate investing?” So let...
Most people want to own rental property as a way to provide them with passive income. But with tenant screenings, lease agreements, marketing property, fair housing regulations, repair requests, evictions… being a landlord doesn’t sound all that passive! Whether your portfolio is expanding, you’re investing out-of-state, or you simply don’t want to deal with the day-to-day headaches, finding a good property manager can put a...
One of the most important steps to buying an investment property is assessing its cash flow. The question of what that actually looks like comes up with new investors all the time. In this tutorial, I’ll walk you through an example of how to use a listing to see if a rental property will be cash-flow positive.
This week we're starting a brand new series hosted by my all-time favorite person, my wife Kristen! Join her as she chronicles our real estate life from the perspective of someone who is NOT a real estate expert. Whether it be questions from my work as an agent or musing from our own hunt for an investment property, I'm hoping you can learn alongside her...
The following post is written by a pharmacist and investor from North Carolina. He asked to be identified only as a "PharmD working on Financial Freedom". He and his wife started investing in real estate just one year ago and now own two properties in the Carolinas. Together, these properties put nearly $600 in their pockets each month! Taking the First Step. We were finally...
The following post was written by Tanh Truong, PharmD. Tanh graduated from the University of Cincinnati in 2017 and works for Kroger as a retail pharmacist. He recently acquired a two-family rental property in the suburbs of downtown Cinci that cashflows $400 per month and represents a 20% COC return! This is his story: “You must achieve good grades; you must attend a good university;...
When most people think of residency, they usually think of long hours, tough preceptors, and meager salaries. Unfortunately, all of these factors stack the deck against anyone looking to get into real estate investing. I certainly wasn’t considering investing in real estate during my residency. It really wasn’t even on my radar. I was just trying to get by – academically and financially. Knowing...
This article was written by Mike Blecker, PharmD, 2009 graduate from Long Island University in Brooklyn, NY. He completed a PGY-1 hospital pharmacy residency (general practice) in Chicago from 2009-2010. Following residency, he moved to Philadelphia with his wife Krista for work as an evening shift Clinical Pharmacist at Hospital of the University of Pennsylvania where he still works and resides. He became board certified...
This article was written by Aaron Howell, a 2000 graduate of West Virginia University School of Pharmacy. Aaron lives in Charlottesville, Virginia with his wife Megan and their dog Lucy. Aaron started working with Kroger as a technician his freshman year of college and signed on as a staff pharmacist after graduation. In 2008, he left Kroger for his current job as manager at Walmart...
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