Caroline

In November 2023 we sold our apartment in Riverdale, the Bronx. In this post, I share the ROI and what I would do differently next time.

We rebalance our paper assets regularly but with real estate, we have so far treated it as a long-term buy-and-hold. However, a variety of factors are making us reconsider whether to hold, sell or refinance.

Day 21: On the road from Seville to Madrid Our breakfast choice, La Mala, felt like a café in Brooklyn. But it gave us options beyond coffee, pastries and sandwiches, which is more typical. I had multigrain bread with avocado, spinach, tomato and mushroom. Scott had a ham and spinach omelet, as well as a croissant with Nutella (smart addition!). Then, we were off to Madrid. Madrid is about six [...]

Where to Stay: Hotel AS Lisbon; Honest Hotel Seville Where to Eat: Restaurante Inefável in Barcelos, Varela Churrasqueria in Pontevedra, Pasteis de Belem in Lisbon, Billy Brunch in Seville What to See: colorful statues in Barcelos; the car-free town center of Pontevedra; Tropical Botanic Garden in Lisbon; ceramic museum in the Triana neighborhood of Seville Day 15: On the road from Porto to Pontevedra with a delicious stop in Barcelos [...]

Where to Stay: Hilton Dublin Airport, Hotel Arrizul Catedral, AC Hotel Porto Where to Eat: anywhere that serves pastel de nata and francesinha:) What to See: In San Sebastian: take the funicular to see all of San Sebastian (photo above), walk on the beach, walk alongside the beach, Old Town. In Northern Portugal: charming small towns Caminha and Viana do Castelo for river side, Espinho for beach; Gaia and Porto [...]

Where to Stay: Arlington Hotel in Dublin, Foyles Hotel in Clifden Where to Eat: The Rolling Donut, Old Storehouse, Ryan’s Village Café, Mannion’s Bar, Off the Square Restaurant, EJ King’s, Guy’s Bar What to See: In Dublin – Half Penny Bridge, Spire, Dublin Portal, Trinity College, Stephens Park, St. Patrick’s Cathedral, Christ Church, Half Penny Bridge, Temple Bar; in Galway – Latin Quarter, Galway City Museum, Galway Cathedral; in Clifden [...]

In my last post, I weighed the rent v. buy decision for a property we would only use part-time. The property we were considering was a duplex (not pictured) in upstate New York, about 30 minutes from Albany and near a SUNY (State University of New York). While the property had enough potential that we made an appointment to visit it with a real estate agent, we ultimately passed on [...]

We’re not actively looking to buy more real estate right now, but every week or so, I look at certain geographies I’m interested in – one of which is upstate New York near Albany. We already know the area because I helped a friend who lives there come up with viable alternatives when a rent-to-own deal went bad. There are several small towns clustered together, and as it turns out, [...]

How often do you adjust your investments? Periodically (annually, quarterly), one should rebalance their portfolio. If one asset class has run up in value, you might have more money invested there than you originally intended. Similarly, if an asset class has decreased in value, you might have too little exposure, if that investment still fits in with your plans. As we look at our investments, potential overexposure to Jacksonville real [...]