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
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!
Part of my Rental Property adventure has been exploring the wonderful world of Zoning Laws. And how they can really throw a wrench into your plans for world domination. So as I explained earlier, my new rental property has attracted lots of former suitors. As many as 6 previous deals have already fallen through. As … Continue reading Zoning Red Tape
Looks like our long 'no rental properties' drought might finally be over. I am superstitious enough to not act like this is in the bag yet, but. Our offer was accepted and we are under contract. I figured I would lay this process out in a number of posts. I do not want to show … Continue reading Running the Numbers on a Rental Property