While we have sold off real estate before, we have done far more buying than selling (19 purchases, 3 sales). However, we have a rental condo in our Jacksonville Florida portfolio that we are thinking of selling. We have made the mistake before of selling prematurely, and we have good reasons to keep this place. […]
Interested in a blank canvas commercial space for co-working or pop-up shop rentals? How about a small complex of four apartments that could make a boutique AirBNB? A breakfast café or comfort food casual eatery? These are just some of the businesses that came across my radar recently, getting my imagination spinning on brick-and-mortar business […]
In a previous post, we wrote about why we are considering selling some of our rental portfolio, specifically our properties in Indianapolis. One of the alternatives to selling outright would be to change property managers. While we wouldn’t realize cash from a sale if we continued to hold these properties (one of our key reasons […]
Scott and I are divided on whether to sell our Indianapolis rental real estate. I’m on Team Sell, and since I tend to blog more frequently, I have already posted the bundle for sale.😊 Seriously, for marital bliss I wouldn’t recommend marketing property you own jointly with your spouse while you still disagree! I did […]
UPDATE 2: we ended up selling this portfolio in mid-2019. It is no longer available. UPDATE: as of October 2018, we decided to keep these properties, deciding instead to change property management companies. ====== With properties in four cities and internationally, it is time to streamline. Our Indianapolis rental investment portfolio is our strongest-performing group […]
I had been reading business and personal finance books and news since college, but didn’t focus on real estate topics. Once we realized real estate could be the linchpin of our FIRE journey, I did start reading more real estate news and resources. Here are my favorites.
With two properties and over 20% of our net worth invested in Costa Rican real estate, our actions and wallet have clearly answered Yes to the question, “Is real estate in Costa Rica a good investment.” I’m not a financial advisor so I would never give another person specific investment advice anyway, and just because […]
We recently ran into a string of air conditioning issues with one of our rental properties in Jacksonville, to the tune of $10,000. Read on for details, but this is a good example of buyer beware and that old mechanical systems will fail sooner than later. Did you know there is “$5,000 Rule” for determining when to repair or replace your air conditioner?
We made our second investment in Costa Rica for a variety of reasons. Casa Salita is a 4-bed, 4-bath house with a separate casita, private pool, wraparound deck (with two hammocks!) and an outdoor kitchen. It sleeps 10, so the capacity of it certainly increases its rental prospects. However, it also has unique properties that […]
We closed on our first property, Condo Boom, in October 2017 and then on our second property, Casa Salita, just under two months later. Why two investments so close together? Having expanded our real estate portfolio from two rentals in our first eight years of investing to two or three per year since then, we’ve […]
