The Real Estate Financial Planner Blueprint™
27 Buy 10 All Cash Rental Properties as a Renter

Rules

If you remember, Rules modify Accounts and Properties in the Scenario. For this Scenario we have the following 2 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 All Cash Abilene, Texas Rental Property Property when the All-In-One Account Earning 7%/year Account has enough to cover the total cost to close (which includes any down payment and closing costs) 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 10 total.

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 Earning 7%/year Account each month. We start out collecting $5,000 Inflation Adjusted from our paycheck and paying out $3,000 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 20%.

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Scenario into my Real Estate Financial Planner™ Software Account

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