The Cottage is Booking Up

The cottage is booking up for the summer. May and June are almost full, and July is starting to fill. So far, this first season has been a success with only a few minor issues. Here is a quick rundown. Income Total income so far is just over $7000. If bookings stay constant, then we […]

Last Chance to Work on the Rental Cottage

This past weekend was our last chance to work on the rental cottage before our first guests arrive. We had another productive weekend. Here is a rundown of everything that we accomplished. Projects The largest project this past weekend was building a firepit area in the backyard. We had 10 yards of gravel delivered, so […]

The Work on Our Rental Continues

The work on our rental continues. We recently did some interior work, and a deck was just installed a few days ago. There is about a month left before our first guests arrive, so it’s getting to be crunch time to tie up all the loose ends. Interior Work Last weekend we painted the bathroom, […]

What are Some Important Things to Look for in a Financial Report?

What are some important things to look for in a financial report? A company’s financial report is a barometer for the health of its business. As an investor, you want to gauge how good of an investment a prospective company may be. A financial report will be one of your main tools in determining a […]

How Can You Profit From an IPO?

How can you profit from an IPO? An IPO can present an opportunity for an investor to make huge returns. But you could also see a huge loss. Sifting through the sea of IPO offerings can be daunting. Here are a few tips to help you pick a wining investment. What is an IPO? An […]

Year End Update, 2021

It’s almost Christmas, and I have been busy with family and gift exchanging. The markets are in turmoil over Omicron and interest rates, but my finances are looking strong as 2021 draws to a close. Here is a quick year end update. Finances 2021 was a good year for my portfolio. In fact, my overall […]

Working on the Rental Property

We’ve been spending the past couple weekends working on the new rental property. There are a few things to repair and a few other things that we want to upgrade. Here is what we’ve been up to. Deck and Permitting The cottage needs a new deck. There is no way around it and no way […]

We Have Closed on a Rental Property

We have closed on a rental property. If you’ve been following my updates, then you know we’ve been searching for investment property for some time now. We found a place a little over a month ago and closed on it last week. Now begins the process of making it rent ready. Property Clean-Up and Furnishings […]

Making the Cabin Rent Ready

The closing on our investment property is nearing, and with it a lot of planning and preparation to get the place rent ready. Our intention is to use the property as a short-term vacation rental, so it must be fully furnished and be stocked with household items such as dishes, plates, and cookware. We’ve been […]

Doing Your Due Diligence When Buying a Stock

Doing your due diligence when buying a stock can make the difference between making money or losing it. Obviously, no one wants to lose money on an investment, so doing proper research is critical. This is by no means a comprehensive list, and many factors are beyond the scope of this short article, but here […]