Baseball swing

Rental Horror Story #2: Three Strikes and You’re Out

I seem to be whiffing lately when it comes to the quality of my tenants. For those who don’t remember, after a scary night with my last roommate’s girlfriend, he decided to move out and I needed to get new tenants for basement mother-in-law suite. I put the unit on the market for $850/mo + 1/2 the internet bill and…

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Prairie flowers

Monthly Update

Talk about a reversal! Here in Minnesota we went from a 12″ blizzard to a 100 degree heat wave in month. That’s just nuts. Just like the weather though, my life has also taken a big turn.  My stock’s number finally came up and I cashed out with a $40k gain pre-tax ($32k post-tax).  I took out a few thousand…

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Trees in Spring

Monthly Update

The weather has not improved much lately here in Minnesota, but the bathroom remodel project has made good strides – all that’s left is the painting and I can call it a day. To that end though, the fallout from my epic disaster with my roommate’s girlfriend continues. He decided to stay with her (despite the mess she’s made of…

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Book Review: Why the Rich Are Getting Richer by Robert Kiyosaki

Why the Rich are Getting Richer is the latest book in the Rich Dad, Poor Dad series, and Kiyosaki continues giving readers nuggets of wisdom distilled from decades of thought about personal finance. Nuggets is an apt metaphor however, because like real gold the reader needs to sift through pages of repetitious fluff to find the hard-hitting material, all while…

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House Framing

Bathroom Remodeling – Framing and Electrical

I’ve mentioned before that I’ve been working on remodeling my bathroom downstairs to increase the rent of my mother in law suit. Alas, like all good projects we hit a snag! First, we lost the battle with the city inspector and had to call the plumber back in to replace the coupling in the floor. Then we invited my Dad…

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PVC plumbing tubes

Bathroom Remodeling – Permits and Plumbing

It’s been a bit of work, but I’m making more progress on the bathroom remodel. After we hauled the concrete out of the basement I went over to city hall to pull a permit for installing the new plumbing and fixtures in the bathroom…and instead left with permits for the framing, electrical and more. I understand why they’re needed to…

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Bathroom Remodeling – Demolition

Hi all, I haven’t written much lately because the long-discussed basement bathroom is finally underway.  I was waiting for ages to hear back from the plumber on his availability when suddenly he was free to do the work the very next weekend.  The starting price was $4,500 for the entire job, but he gave me a $800 discount if I paid…

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