From the category archives:

Rental Property

Or maybe they’re all wrapped up in one? See, now I’ve gotten myself all confused again.
We swore we’d never be long-distance landlords again.
We’re considering renting out our house, something we swore we’d never do.
Some local friends/acquaintances are wanting to move out of the home they are in, for very personal reasons that are none of [...]

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Welcome!

by jolyn on October 3, 2010

in GUEST POSTS,Rental Property

I walked through our saga of how we became reluctant landlords of a rental property in Las Vegas over at The Man J.D. Roth’s blog Get Rich Slowly. Go on over and check it out! (Please?)
And if you found your way here for the first time from GRS — welcome! I hope you’ll [...]

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…when you discover that one of them is actually a stalk of corn.

Corn and Life and Loose Metaphors
I have no idea how a corn seed blew into that our yard. None of our immediate neighbors have gardens. We aren’t terribly close to any fields. How did it flourish? We’ve barely had any rain in weeks. [...]

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I’m not sure if that really makes sense. Just work with me here.
The Hubs is Home!
As of Friday night, well after Olivia and Peter were in bed. But it was nice for Conner to have his dad all to himself for a bit.
Hubs slept fine that first night, courtesy of complete travel exhaustion. The little [...]

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Rental Property
Remember how we recently rented out our rental property in Vegas? Right after the new tenants moved in, our property manager notified us that the water heater wasn’t working. Yea. So I’m thinking, “So much for our first rent check.”
Good news! We have enough money left over in our property management account from [...]

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They’re moving in now with free rent for March; we’ll get our first rental check for April. Hallelujah!
I really was not expecting this so soon. Our rental house in Vegas has been empty for three months — we’ve been without tenants longer than that before, in a better economy.
The Terms
The tenants signed a one-year lease [...]

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I feel the need to clarify our position regarding our (still empty) rental home in Las Vegas, and a new post seems like the best way to do it. So for the record, we are not at all considering a short sale! As I stated in the previous post, I do not believe our situation [...]

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So, speaking of our rental mortgage debt. (We were talking about that, weren’t we?) Here’s the dilly: It’s costing us a lot of money.
In case you need a reminder: We owe $109,150.33 (as of today) on a house we own in Las Vegas. We’re going on four months of vacancy. (In other words: No Rent [...]

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… a whopping $715.
Keeping It Real Does that seem like a lot? How much did you spend? Did you create a budget and stick to it? Do tell.
The thing is, despite the name of this blog, The Hubs and I never really sat down and said, “We’re only going to spend this much on Christmas, [...]

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Snowball Status

by jolyn on December 4, 2009

in Debt,Rental Property,Snowball Status

November’s Progress

Debt #1 Original Balance: $2260.17
Paid Off

Debt #2 Original Balance: $6493.00
Paid Off

Debt #3 Previous Balance: $6,607.12
paid $1000.00
Current Balance: $4,907.12

Original non-mortgage Debt: $19,375.72Current Grand Total: $4,907.12***
Obviously our tenants moving out of our rental house in Vegas is going to put a damper on our debt eradication. We can cash flow two mortgages… But it ain’t pretty.Looking [...]

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