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Rental Property

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 [...]

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Budget Busters Averted (for now).

by jolyn on March 24, 2010

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 [...]

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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 [...]

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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 [...]

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VIVA LAS VEGAS! I really expected this day to come, but I was earnestly hoped that it would at least wait until we finished paying off our first debt snowball. I’m goal-oriented, people. I really want to tick that box. Do you add things to your to-do list after you’ve done them just so you [...]

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How We Became Reluctant Landlords

by jolyn on March 20, 2009

My husband and I own a property in Las Vegas, Nevada. We bought this home when we moved to Vegas shortly after 9/11. We felt like we were really taking a chance on homeownership: after all, the mood of the country was fearful and uncertain. We weren’t sure if it was a good time to [...]

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