Honest experience · Practical lessons · Better decisions

Lessons We Learned the Hard Way... So Hopefully You Don't Have To.

If you're thinking about buying your first rental property, I hope our experience helps you avoid some of the expensive mistakes we made.

Cynthia and I lost everything during the 2008 real estate crash. Years later, when I was 57, we decided to start over and slowly rebuild our retirement through rental properties.

Along the way, we made plenty of expensive mistakes. Today I share those lessons—and the practical tools we've built—to help you make better decisions before buying your next rental property.

Frank Contreras, licensed general contractor and real estate investor
Start Here

Start Here

Buying your first rental property?

I created the Before You Buy Toolkit after making expensive mistakes buying my own rental properties. My goal is to help you avoid making those same mistakes before you risk your hard-earned money.

Inside you'll get three practical tools:

  • Deal Analyzer
  • Rehab Estimator
  • Property Inspection Checklist
Start with the Before You Buy Toolkit

36 Years

Licensed General Contractor

Started Over at 57

Rebuilding our future one property at a time.

62 Years Young

Still learning every week.

What I help with

Most of what's out there is hype or theory. I'll tell you what actually worked, what cost me money, and what I'd do differently if I were starting over today.

Before You Buy Your First Rental

The questions I wish I'd asked before buying my first rental property.

Working With Contractors

What 36 years in construction taught me about hiring contractors, reviewing bids, and avoiding expensive surprises.

Starting Later in Life

Honest lessons from someone who had to start over at 57.

Learn From My Mistakes

What happened. What it cost. What I learned.

The Truth About Rental Properties Nobody Told Me

The Truth About Rental Properties Nobody Told Me

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The Deal Looked Good On Paper… Here's What I Missed

The Deal Looked Good On Paper… Here's What I Missed

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Before You Buy a Duplex, Triplex or Fourplex — Watch This First

Before You Buy a Duplex, Triplex or Fourplex — Watch This First

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The Plumber Quoted Us $43,000 — We Paid $1,700

The Plumber Quoted Us $43,000 — We Paid $1,700

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Tools I Actually Use

No sponsorships. No fluff. Just what works after 36 years in the field.

Remodel Tools

The tools I use on actual job sites and rental remodels.

Shop Remodel Tools

YouTube Gear

The exact gear I use to film Old Guy REI videos.

Shop YouTube Gear

Old Guy REI Gear

Rep the brand. Cash flow builds freedom.

Old Guy REI – Cashflow Club Mug

Old Guy REI – Cashflow Club Mug

From $13.95

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Old Guy REI – Cash Flow Builds Freedom Mug

Old Guy REI – Cash Flow Builds Freedom Mug

From $13.95

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Old Guy REI – Cash Flow Builds Freedom Tee

Old Guy REI – Cash Flow Builds Freedom Tee

From $26.95

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Old Guy REI Logo Tee – The Original

Old Guy REI Logo Tee – The Original

From $26.95

Shop Now

Are You Ready to Remodel?

Take our free 5-minute assessment and find out where you stand before you spend a single dollar.

Remodel Readiness Score

Answer 10 quick questions about your budget, planning, and timeline. Get your personalized readiness score instantly — free. Unlock your full report for $17.

Take the Free Assessment

Communities I Recommend

One Rental at a Time — Skool Community

The community that helped shape my investing approach. Michael Zuber built something real here — honest investors helping each other, no hype.

Join the Community

Need a Second Opinion?

Whether you're looking at your first rental property, planning a remodel, or just want another perspective from someone who's been there, I'm happy to share what's worked for us, what hasn't, and what I'd be thinking about if I were in your shoes.

The goal isn't to tell you what to do.

It's to help you avoid a few of the mistakes we made.

Schedule a 30-Minute Call