The Real Estate Financial Planner Blueprint™
Andrea - How to Acquire 8 Rental Properties With Down Payments for Two
Rules
If you remember, Rules modify Accounts and Properties in the Scenario. For this Scenario we have the following 6 Rules.
Let's look at each of the Rules below.
Buy Property When Account Has Down Payment
This Rule runs for the entire Scenario.
With the Buy Property When Account Has Down Payment, we buy a version of the Typical Rental Property Property when the All-In-One Account Account has at least $10,000 Inflation Adjusted plus the total cost to close required to make the purchase of the Property.
We do limit the number of this Dynamic Property that we can buy using this Rule to 9 total.
Set Value On Accounts
This Rule runs for the entire Scenario.
Paycheck and Personal Expenses
This Rule runs for the entire Scenario.
With the Paycheck and Personal Expenses, we collect a paycheck and pay our personal living expenses out of the All-In-One Account Account each month. We start out collecting $4,000 Inflation Adjusted from our paycheck and paying out $1,980.54 Inflation Adjusted in personal expenses each month. Both our paycheck and personal expenses increase with inflation over time. We do pay taxes on the amount we collect from our paycheck at a rate of 19.65%.
Set Value On Properties
This Rule runs for the entire Scenario.
Set Value On Properties
This Rule runs for the entire Scenario.
Set Value On Properties
This Rule runs for the entire Scenario.
Copy Scenario into my Real Estate Financial Planner™ Software AccountBlueprint™ Menu of Sections
- Introduction
- Accounts
- Properties
- Rules
- Significant Events
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports