Squeezed into Simplifying
Wednesday, May 14
OK, I've got my two daughters and wife into a 2 bedroom 1 bath apartment. We call it our tree house. Painters did a nice job and carpet guys come this Friday. We are not sure how we'll price our home just yet, but I know the minimum I need to payoff the mortgage and roof loans. It's going to...
Undercover Landlord Update - Moving Day
Wednesday, May 14
Been off line but still pushing forward to become a renter. Mover come tomorrow morning. Note to self, offer rental applicants moving boxes. Boxes are of big time importance at stress points like this. We are moving to make room for the painter, new carpets, and wood floor refinisher. Hou...
Undercover Landlord, Episode II
Sunday, February 16
This is my journal of the journey of selling my home and moving my family into a rental. Feb 15, 2014, my wife and I interviewed our first Realtor today. We wanted to find a person who was extremely knowledgeable of our neighborhood and current trends. We needed a person who...
How to Check Your Coin Op Landromat's Profit Potential
Monday, February 03
I sure hope you're not like me when it comes to your rental's coin op laundry room. I've been so focused on discovering non-obvious income ideas that I neglected to see the full potential of my complex's laundry mat. My laundry room currently grosses $73.39 each month. But how much s...
The $200 Auxilary Income Challenge
Wednesday, January 01
Congratulations to those who attempted last year's $100 Expense Reduction Challenge. I bet the good thinking paid off. But now it's January 1, 2014 .... time for a new challenge. Let's try to create $200 per month in income without raising rents. I'm hoping we buy and hold landlords c...
How To Safely Buy Discounted Home Depot Gift Card Off Craigslist
Wednesday, December 11
You may want to buy deeply discounted gift cards from Craigslist, but have concerns about getting scammed. As your research assistant, I took it upon myself to figure out how you could buy a discounted gift card or store credit in a scam-proof way. After all, we are in a collaborative economy...