Just when I thought everything was rolling in a positive direction, I get hit with this text from my tenant; Just so you know we will be leaving our unit by the end of the month. An opportunity came through to rent the house next door. We understand that this means we lose our security … Continue reading It’s Not You, It’s Me; A Tenant Leaves
This post is all about a follow up on my wayward sister-in-law. If you will recall the last time we visited A Problem Like Maria, my sister-in-law was an albatross around my neck. I am happy to say that things have moved in a positive direction since then. Some small credit is owing to myself … Continue reading Maria-in-law on Firmer Ground?
No Real surprises during the home inspection of the recently-mine apartment building. Sometimes the money you shovel out for a good home inspection is worth its weight in gold. At a minimum, I don't mind walking around with the guy making sure I know what he is talking about. The total for the inspection came … Continue reading Herr Inspektor
After pussy-footing (I do not think that is derogatory at all, an actual reference to cat's light footfalls, right?) around for years now (since 2012), I have finally bought a rental unit building. I dropped $30,000 at closing and now, she's all mine, warts and all. Built in 1800 something, the building was originally a … Continue reading A Brand New Bouncing Baby Building!
I am winding my way through the purchase of my first rental property. Already cleared the big hurdles of an accepted offer, a zoning variance, and a decent home inspection. When lo and behold, some appraiser has decided in my appraisal, that the building is not worth the contract price. My question is; Who are … Continue reading Appraisal Scare/Hiccup