I have written before about wanting to add rental properties to my portfolio in order to diversify and provide for a new passive income stream. I feel it is inevitable given how close I have come in the past and how much disposable income and accessible credit I have accumulated. However, in what form the … Continue reading 3 Card Monty
real estate
My Windfall and ME
Finally, we closed on the inherited house. The check is in the bank (but has not cleared yet). After we pay some money owed to the friends who bought the house and to my sister-n-law who co-owned it, we clear $ 132,000. Now we get to allocate/spend it, this is the FUN PART. If you … Continue reading My Windfall and ME
The Cottage Renovation
All told, we sunk $ 58,000 into the cottage once we got it solely into our possession. Not only did we want to make some permanent changes and upgrades, but we knew if we were going to list it as a vacation rental it needed to be remodeled. Personally, I could watch HGTV all day … Continue reading The Cottage Renovation
A Good Problem to Have
With my sister-n-law finally moving out of my in-laws house we are now able to sell it. My wife's parents passed away in 2008 and we inherited a paid off house in a nearby town. It has taken awhile(years and years) for my sister-n-law to be ready emotionally and financially to get a place of … Continue reading A Good Problem to Have
A Problem Like Maria
We all have our crosses to bear, mine is an in-law problem named Maria. My wife is a lovely, intelligent, emotionally balanced, funny, kind woman, her older sister is a train-wreck. Since their parents are both deceased, Maria has become my wife's family problem and therefore my in-law problem. Maria chose to divorce her husband … Continue reading A Problem Like Maria