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
December 2022 by Leave a Comment
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
October 2022 by Leave a Comment
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 […]
August 2022
August 2022 by Leave a Comment
August 2022 is almost half over, and summer is starting to wind down. I was able to accomplish a lot of projects this year, and I’m starting to think about the fall and winter months ahead. My finances are doing well, and my savings rate has been up. Here is a quick update. Projects As […]
$10,000 in Bookings at our Rental Cottage
July 2022 by Leave a Comment
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 […]
The Cottage is Booking Up
May 2022 by Leave a Comment
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
April 2022 by Leave a Comment
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
April 2022 by Leave a Comment
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, […]
The Rental Property is Accepting Bookings
February 2022 by Leave a Comment
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
January 2022 by Leave a Comment
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 […]
