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Mr. & Mrs. College Rentals 101

Blog Info

Name:
College Rentals 101
Category:
Real Estate
Tags:
real estate, budgeting, property management, debt, financial independence, rental property, cash flow, buy and hold,
Start Year:
2017

Blogger Bio

Location:
United States
Age:
Unspecified
Race:
Unspecified
Gender:
Team
Life stage:
SIK (Single Income, Kids)
Profession:
Construction Project Estimator
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Latest Blog Posts

Laying the Groundwork when Everyone told us We Couldn’t Right now, we are wrapping up construction on a duplex—the first college rental we’ve built instead of buying! The planning phase for this project was pretty long, and we faced a lot of hurdles before we could break ground. We will share them—and how we handled them—here! Huge blessings and a lot of research and hard work were necessary to make ...
Posted: Aug 15 2018 @ 8:23 AM
What to Do with Your Tax Refund' The only day of the year that seems to come around faster than Christmas is April 15, the day your taxes are due. Do you know if you will have to pay taxes this year or will you receive a tax refund' I Used to Love My Tax Refund for All the Wrong Reasons When I was fresh out of college and had ...
Posted: Mar 14 2018 @ 4:51 PM
There are many niche markets you can get into as a landlord.  We have both single-family and college rentals. By far our favorite type of investment property is the student rentals.  As a matter of fact, the majority of our properties are student rentals. We feel good knowing that we are providing a nice, quality place for young adults to live and study. We aren’t talking just apartments—most of what ...
Posted: Feb 12 2018 @ 11:00 AM
BOGO Houses Our 4th house was our best rental property purchase yet. It came with our 5th house! We will tell you about buying this property and share our numbers (skip to the end if the numbers are what you’re most interested in!) Time to Do Something In Fall 2016 we were itching to find a new college rental property.  Our 3rd property—a 100% remodel due to a fire—was up ...
Posted: Jan 14 2018 @ 4:00 PM
Happy New Year 2018! Don’t let 2018 pass you by.  Set specific and actionable goals to make it the best year yet.  As Dave Ramsey says “A goal without a plan is just a dream.” Here at collegerentals101.com we recognize that we perform much better and are happier when we have specific goals. And we have several goals set for 2018.  We have a duplex to finish and we would ...
Posted: Jan 01 2018 @ 2:55 PM
Managing Investment Debt for Increased Cash Flow Dumping the Bad Debt Gave Us Options Two years after becoming debt free and another baby later, I realized I really wished I could stay home with our kids. We also both wanted to move back to the Midwest. Such a move and transitioning to one income would have been impossible if we still had huge debt payments to make each month. But ...
Posted: Dec 30 2017 @ 4:28 PM
Consumer Debt Closed the Door to Opportunity Over the past eight years, we have changed from being die-hard Dave Ramsey fans who hate any kind of debt to investors wanting to leverage assets to build cash flow. We cannot overstate the positive effect following Dave Ramsey’s Financial Peace plan to get out of debt had in our lives. But once we were debt free, our hardcore zero-debt philosophy kept us ...
Posted: Dec 18 2017 @ 12:07 PM
How We Acquired Property Number 3 and its Condition A realtor friend of my employer pitched this house, which had been damaged by a fire, as a potential fix and flip.  Although my boss passed, he told me about it.  The property had an attic fire that burned through the roof dormer and through the floor joists over the 2nd story bathroom.  Thanks to the fire department’s quick response the ...
Posted: Nov 30 2017 @ 12:27 PM
Residual Income Property Number 2 We bought rental property number 2 in 2014. This property was the first time we bought a rental to be a rental. You can read more about how we became accidental landlords here. As for our second property, color us crazy, but we bought it without ever seeing it in person! Initially, it was just to diversify our investments and savings. But purchasing this property ...
Posted: Oct 20 2017 @ 11:26 AM
Our first rental property was a spec house I failed to sell and then lived in for a while. Then, when I moved to the East Coast, I became an accidental landlord. I made plenty of mistakes as a new landlord, and I’ll tell you about some of them here. I’ll also share details on the house’s worth and our cash flow on the property. How Did We Get Our ...
Posted: Aug 17 2017 @ 5:26 AM

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