On My Way to A Free Vay-kay

It’s been a while since I reported my progress on my idea to manifest a free vacation. I’ve been making steady progress toward my goal of turning $125 into $1500!
I’ve taken different avenues to get there. The seed money, $125, was from my first Google Adsense check. From there, I used $50 to start a [...]

All Work And No Freaking Play

My day began this morning with a surprise phonecall from Contractor 3 at 7:15 am. He woke me from REM to ask me if we have flood insurance. Even in my sleepy stupor, I knew that couldn’t be good. “Um….WHY?!?!?” I asked him. He said House 8 is flooding again.

With all the Spring rains, the [...]

What Type of Lease Do You Need?

Let’s say you one day invest in residential income property, retail, offices, or land and find your first tenant. What type of lease is best for your situation? I thought it would make an interesting post to discuss the different types of leases and when they would apply.
Gross Lease: The tenant pays [...]

House 2 Is Listed

I think patience will be very important for me with selling House 2. Yeah, I know–what’s that “Patience” thing? I have no idea. I’ll have to look it up in on Wikipedia.
But, after looking today on the MLS, there are about nine other houses that will be direct competition on the market in the same [...]

T-Minus Two Days Until House 2 Is Listed

Well, I got to wake up nice and early today to meet the carpet installers from Home Depot at House 2. Everything went smoothly this time–there was no Roy D Mercer moron to deal with at this job. This time, there were seven installers. Well, it was a bigger job than the House 17 install. [...]

Spanked by Mother Nature

Oh, hail, no!
We were awakened by a storm earlier this week at about 3am. It wasn’t the thunder that woke us–it was the tick, tick, TICK of hail on the roof and the windows. It was getting louder. I couldn’t see much out the window, being on the second floor of the house. So, [...]

My Investing S.M.A.R.T. Goals Unveiled

I’m sorry I didn’t get to this sooner. Lately, I’ve been “Go, Go, Go!” on all of our projects. My enthusiasm sort of took control of my body. But, naturally, I came back to the original problem, which is, “Where are we headed, anyway?”
In addition, my broker (yes, I still have my license to use [...]

Using S.M.A.R.T. Goals to Revolutionize My Investing Career

I find myself thinking sometimes, “How did I get here?” I want to make some serious money in Real Estate Investing. And, I don’t think I’m currently on the right path to do so. Yes, we’ll have a nice house when we’re done with this House 17 remodel. And, we’ll have a fair amount of [...]

Well, I Was Right about The Layoffs

Last night, I wrote about the 8am “All Hands” meeting at Michael’s day job that occured this morning. And, yes, it was to announce layoffs! Well, anytime a company’s stock plunges to less than $2/share, the powers that be get creative. Actually–I should say, they’re never “creative” by the standard definition. In fact, they always [...]

Layoffs on The Horizon?

I’ve been posting not quite as frequently lately, as I’m rounding the corner on the major remodeling projects here at House 17.
But, Michael (my fiance/partner, for those of you who don’t know) told me this evening that there’s a very important “All Hands” 8am meeting at his company tomorrow. His boss sounds terrified–probably because [...]

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