John T. Reed’s news blog

Tax-free positive ‘cash flow’—and no tenants Single Family Home Zillow say my house would rent for $6,000. Invitation Homes says it costs them 38% of the gross to operate their collection of rental houses. Applying that to my house means I have to pay 38% x $6,000 = $2,280 to live there. We also have a small mortgage with a $1,900 payment. So positive “cash flow” of $6,000 - $2,280 - $1,900 = $1,820. That is how much I, in effect, get owning this house and living here. Rent that I do not have to pay is equal to incoming cash. Only it’s better. Receiving cash rent from a tenant is...

The ton, literally, of my new books, An American Principal Residence is the Most Advantaged Investment on Earth: Maximize Yours, was delivered today. The pre-orders are also being shipped today. Thank you for your order if you bought one of them.

My new books An American Principal Residence is the Most Advantaged Investment on Earth: Maximize Yours was supposed to arrive yesterday from the book manufacturer in IL, but they did not. I expect they will arrive next week and we will ship the preordered books next Saturday.

Here is an email I got from an Australian reader regarding my new book An American Principal Residence is the Most Advantaged Investment on Earth: Maximize Yours. Maybe the title should have bee American or an Australian Principal Residence..Thank you John. I have many of your books. I live in Australia and went down the path of owning many rental properties due to a peculiar tax allowance called negative gearing here but the negative Cashflow nearly killed me. I should have stuck to owning one Principal property only and read about the Sydney primary school teachers who decided on a...

Here is another article I tried to post on Reddit, but the post button is always gray? I don’t want to waste it so here you go... . Is Buy, Rehab, Rent, Refinance, Repeat (BRRRR) a sound strategy? . Buy, rehab, and rent are not a profit strategy. In order for that to be profitable, you must be extremely selective in which properties you buy. They have to have exactly the right things wrong with them so that the correcting of those things is profitable. This is extremely difficult. . Remodeling Magazine does an annual study showing how much common...