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Small things here and there

March 16th, 2010 at 04:13 pm

Things are going well. Work has been cutting into my days a lot. I have a new office (with a view!) but cannot cruise the internet anymore because of the way my computer monitor is set on the desk to be seen by everyone walking by.

Money has been difficult. When BB got his job it took such a big burden off my shoulders and we suddenly had so much money coming in we didn't quite know what to do with it.

So we bought a second property. We looked at the long term costs and decided we could afford it- but the 2nd property has really put a new burden on us.

Just little things here and there. But the little things remind me how expensive a BIG thing might be one day.

The tenant in the upstairs unit of the 2nd property complained that there are several tiles missing in the shower. After inspecting further the whole wall is rotting and the tiles will continue to fall. I want to do a patch job since we plan to move into it in the Fall and do a lot of demo- but in the meantime it has to be fixed.

The tenant in the downstairs unit is now responsible for paying $200 a month of her $550 a month rent. The apartment is Section 8 housing (subsidized by the government) so she has to go through yearly evaluations to see how much of her rent she can pay and how much the government will pay. The newest evaluation decided she will pay $200 which is a $200 increase from last year. It worries me that this might be the beginning of bounced checks and late payments.

Then the Washing machine on our upstairs tenant in the 1st property broke. Its a 4 year old combo washer/dryer and it smells like the motor burned out on the washer. I think it will be around $260 to have the repairman replace the motor if that is all it needs.

So nothing heavy- no big issues. Just some small stuff cropping up that makes me wish we did not buy that 2nd property. We barely got to enjoy BB's new paycheck before it started getting eaten up by this 2nd property.

But in the long run it will be worth it. I am just looking forward to the renovations to start so that we can start seeing why we got into this property in the first place.

2 Responses to “Small things here and there”

  1. boomeyers Says:

    I hope it all works out for you!

  2. frugaltexan75 Says:

    Well... at least you have BB's check to help cover the new expenses, right? Hope nothing else crops up anytime soon.

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