Spark Rental @SparkRental
Blogger for #Financialindependence through #RealEstateinvesting. Want a better return on your rental properties while automating the work? We're your people. sparkrental.com Joined May 2016-
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10 Alternative Real Estate Exit Strategies All Investors Should Know.... SHARE YOUR THOUGHTS: What unconventional real estate exit strategies have you used? How’d they work out for you? sparkrental.com/10-alternative…
What Landlords Need To Know About Emotional Support Animals And The Fair Housing Act. #ESA #realestate #investors101 sparkrental.com/emotional-supp…
Creative Ways to Invest in Real Estate With Little Money SHARE YOUR THOUGHTS: How do you plan on investing in real estate with no money or little money? What types of real estate assets are you leaning towards? sparkrental.com/ways-to-invest…
Who Pays Which Closing Costs on Real Estate? SHARE YOUR THOUGHTS: How do you plan to lower your closing costs on your real estate transaction?sparkrental.com/who-pays-what-…
How do you plan to build equity faster in your properties? What strategies for boosting real estate equity have worked well for you in the past? Share your thoughts below! sparkrental.com/how-to-build-r…
Housing Bubble 2024: Are U.S. Housing Markets Crashing? What do YOU think? sparkrental.com/real-estate-bu… #housingmarket #investor Realestate #realestateinvestor
Share your favorite or best April fools' day prank! AND GO............. #aprilfoolspranks #aprilfoolsdayjokes #aprilfoolsday
As a real estate investor, would you buy a rental property sight unseen? sparkrental.com/how-to-buy-tur… #realestate #turnkey #investor #investment #passiveincome
Best Ways to Find Pre-Foreclosure Homes For Investors To Score Bargains... sparkrental.com/ways-to-find-p… #realestate #foreclosure #investors #preforeclosure #investmentproperties
Ever heard of the acronym ADU thrown around and wondered what it means? Or, for that matter, what does an accessory dwelling unit mean? sparkrental.com/what-is-access… #retireearly #passiveincome #ADU #investing #passiveinvesting #passiveincomestreams
Ever have the sneaking suspicion that the rich have access to better investments than the rest of us do? We’ve learned a few industry secrets And a few tricks for ANYONE to access private equity real estate — not just the uber-wealthy... Join the Meet-Up👇 tinyurl.com/4utzud7b
Interest Rates on Loans for Investment Properties: March 2024 Rates. sparkrental.com/getting-loan-f… #retireearly #passiveincome #investing #investmentproperty #mortgageloans #passiveincomestreams
How to Make Money in Real Estate: 18 Investing Strategies. sparkrental.com/how-to-make-mo… #retireearly #passiveincome #investing #successstory #passiveinvesting #passiveincomestreams
Happy St. Patrick's Day Weekend! What are you doing to celebrate?
Interest Rates on Loans for Investment Properties: March 2024 Rates. sparkrental.com/getting-loan-f… #retireearly #passiveincome #investing #successstory #passiveinvesting #passiveincomestreams
We have become great friends with so many amazing people in the business. Don't do it alone. #network #findyourpeople #investorsconnect
Is Rental Income Active Or #PassiveIncome? How Much Labor Landlords Should Expect. sparkrental.com/is-rental-inco… #rentalproperties #landlords #realestate
Create Truly Passive Income from Real Estate...fire-from-real-estate.mykajabi.com/fire-from-real… #retireearly #passiveincome #investing #successstory #passiveinvesting #passiveincomestreams #realestateforbeginners
4 Passive Income Streams You Don’t Have Yet but Probably Should in 2024! finance.yahoo.com/news/4-passive… @GOBankingRates #retireearly #passiveincome #investing #successstory #passiveinvesting #passiveincomestreams #realestateforbeginners
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It’s dividend time! 🙌🏻
How an Italian dinner led to me collecting 18k in rent per year on a $71,000 investment. With real estate, always be buying. A 🧵
How To Buy My First Investment Property bit.ly/3D97r0X #RealEstate #MortgageUpdated via @SparkRental
FYI — My wife and I are first generation #Haitian Americans. College grads. I have $88k in student loans. We started out with -$125k in debt. We work 9-5s. We aren’t entrepreneurs. We own two 🏡. Our credit scores are 800+ 💳 And our net worth is nearly $900k. It’s possible❗️
It’s not that people don’t want to be better with money, It’s that they were never taught. Why would we assume they just automatically know how to use it? It is a skill just like anything else. Help teach someone.
One thing I always follow when listing and screening applicants. Always Be Showing. Applicants back out, roommates change, and couples break up. Until you have a signed lease and the holding deposit, you have a vacant apartment.
I ate 13-cent ramen noodles 2x a day for an entire year because I wanted to buy my 1st property so badly. I saved up $10k to buy a $99k condo. I sold it 2 years later for $179k. I only order ramen if it's over $16 dollars now. Worth it.
@Thefrugalgay11 @HeroDividend @SHHouses @Lovey1973 @BusinessFamous @IAmClintMurphy @UncommonYield @Budgetdog_ @indexnforgetit @MeasureTwiceMNY If you enjoyed this thread, please: 1. Follow me (@AdultingIsEasy) 2. Retweet the 1st tweet below to share this thread
I love Twitter Here are 7 reasons why:
@Thefrugalgay11 @HeroDividend 2) Wide Reach: With millions of active users worldwide, Twitter has a vast user base, making it easy to connect with people from all walks of life and different parts of the world. I get to know a real estate investor in the UK, for example @SHHouses!
1) Networking: Twitter allows for easy engagement and interaction between users, making it an excellent platform for networking and building relationships, like my friendship with @Thefrugalgay11. Highly recommend DMing people to connect. @HeroDividend is great at this.
These are 5 ways so far I've been able to do deals when strapped for cash: • 501c3 Bonds • Syndications • Seller Finance • JV Partnerships • Hard/Private Money There are plenty of other ways too. If the problem in your deal is money, just know there are many solutions.
Real Estate Hack: A paid-off property means you have crazy cash flow. It also means you pay hefty taxes on that cash flow. A cash-out refi gives you a huge tax-free windfall, reduces taxable cash flow, and allows you to take mortgage interest tax deductions. Do this instead.
If you want to analyze a property yourself, here are my guides WITH Microsoft Excel files Short-term rentals (Airbnbs): adultingiseasy.gumroad.com/l/AnalyzingSTR… Long-term rentals: adultingiseasy.gumroad.com/l/AnalyzingLTR… Free to Cash Flow University Members
I can use Microsoft Excel to analyze a real estate deal in under 10 minutes My spreadsheets are like 3rd grade math. I literally add, subtract, multiply, and divide. Let me show you:
Step 6: COCR Add up your up front cash Divide annual cash flow by up front cash invested
I can use Microsoft Excel to analyze a real estate deal in under 10 minutes My spreadsheets are like 3rd grade math. I literally add, subtract, multiply, and divide. Let me show you:
If you want to set yourself 10 years ahead in life within 6 months, focus on this: • Avoid drama • Sleep 7 hours/day • Connect with nature • Build a killer physique • Have 4 hours of focused work • Connect with high value people • Read and write atleast 1 hour a day
This is the work I take pride in.
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