Summer is Starting to Wind Down

Summer is starting to wind down, and fall is approaching. As has been the case for some time now, my finances are in good shape. Debt is in the form of a mortgage only, and my investments are holding up well. Here is a quick update. Debt I paid off all my non mortgage debt […]

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 […]

Our First Guests Have Stayed at Our Cottage

Our first guests have stayed at our cottage. We’ve had three groups of guests stay at our rental so far, and the results are positive. We’ve received positive reviews and have learned a few things. Here is a brief report. Things That We’ve Learned One of the first things that you will want to do […]

The Rental Property is Accepting Bookings

The rental property is accepting bookings. We listed the property a few weeks ago and have already received 3 bookings for the upcoming season. There is still some work to do, but bookings are starting to roll in. Work in Progress There are still a handful of projects to do before we open our cottage […]

Listing Our Rental Property

We have officially listed our rental property. Pictures have been taken, and a description has been put on the webpage. The property won’t be available for bookings until May, as there is still some work to do. But the time to start accepting guests is getting close. Odds and Ends There is still some work […]

A Productive Weekend at the Rental Cottage

We had a productive weekend at the rental cottage. Gravel was delivered to make a driveway, and the locks on the entry doors were changed. There is still a lot to do, but we are making progress. Work Weekend The purpose of heading to the cottage was to get some work done before the weather […]

What are the Three D’s of Real Estate?

What are the three D’s of real estate? The three D’s are death, divorce, and debt. From the perspective of real estate agents and investors these are the three main reasons as to why people sell their homes. There are obviously others, but these three main factors tend to stand out. Here is a more […]

Why is the Housing Market so Hot?

What is going on with the housing market? If you have been looking for a house or have been paying attention to the housing market, then you may have noticed that houses are selling faster than ever. You may have also noticed that there aren’t many houses for sale. So, what is going on? Seller’s […]

Buying an Investment Property

February is quickly ending. This winter has been long and cold, so I am happy that Spring will hopefully be here soon. Here is a quick personal financial update as this winter winds down. Real Estate Investing The biggest news of the month is that we were out shopping for investment properties a couple hours […]