We had a minor issue at the rental last week. During an arctic blast of cold weather, the furnace broke. Luckily we were able to have it repaired quickly and were back up and running the next day. Furnace Breakdown The weather dipped below zero right around Christmas and stayed there for several days. The […]
Our First Year Owning Our Rental Cottage
Our first year owning our rental cottage is coming to a close. We’ve learned a lot and have made lots of progress. 2023 is looking bright, as bookings for next year are already coming in. Here is a quick year in review and a look ahead. Total Bookings Total bookings for 2022 came in at […]
Our Rental Continues to Perform Well
Our rental continues to perform well. We are now at $13,000 in rents for this calendar year so far. We actually have a booking for 2023 already. We have some plans for improvements coming up. All of which will be paid for from the rents we’ve collected. Projects We are going to try to have […]
Different Types of Mortgages and Their Uses
You must choose the best mortgage while purchasing a home or other assets. Your choice may depend on the amount you need to borrow and the stability of your finances. You might be able to locate another mortgage that’s a good match if you don’t qualify for one type. There are various mortgage types, and […]
How Much Should You Pay for a Real Estate Transaction Coordinator?
Real Estate Transaction Coordinators play an important role in the entire real estate transaction. They are the ones who connect parties involved in the home purchase or selling process. If you are benefiting from their services, how much should you pay a Real Estate Transaction Coordinator? 1. What Is a Real Estate Transaction Coordinator and […]
$10,000 in Bookings at our Rental Cottage
We have officially reached $10,000 in bookings at our rental cottage. We opened bookings on May 1st of this year and just crossed this milestone the other day. I estimated that we would do around $10,000 our first year, and it looks like we will do even more. A Successful First Year To say that […]
Tips for Preparing Your Home Before It Goes On the Market
If you plan on selling your home or property, you want to get the most out of it. You may or may not have invested money into property, but the best way to add value is by making useful upgrades that are proven to benefit the new owner and add value to your home. The […]
The Pros and Cons of Investing in US Farmland
What are the pros and cons to investing in US farmland? Have you even considered farmland as an investment or as part of your portfolio? This asset class can be a lucrative investment, but you must be aware of the risks. Farmland as an Investment Farmland can best be described as a form of real […]
Searching for Rental Properties
August is here, and we have been once again searching for rental properties. If you have been looking at real estate, then you know how difficult it is right now. I have had to get creative as of late. Here is a brief update of what I’ve been up to. Rental Property Search The search […]
5 Tips To Sell Your Home For The Most Money
Typically, selling your home can be a challenging and overwhelming process. It requires a lot of considerations to ensure a successful home selling process. However, you should understand that you’re not the only one selling real properties in the market.