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Archive for August, 2020

Reboot

August 15th, 2020 at 09:06 pm

I’m back. Though only temporarily Baroque.

We have purchased a townhome and close on Sept 4. It’s in our desire location with desired amount of space as we’ve still four young adults/teens currently at home (22/21/18/16). We are purchasing it cash and our portfolio is currently very barren. We’ll replenish it with equity from the current home sale (expecting to be on market 9/8).

We did rent our rental property with a two-year lease so that’s an additional $2k per month. SO is still employed and I won’t be returning to subbing so I’m still figuring out what to do employment wise. We have three in college this year, though the oldest is paying her tuition (still modeling and doing online classes) and the next two are on full-rides.

It’s nice to be back and we’ll be mortgage free shortly with two paid properties and the passive income from the rental property covers all housing expenses. Hoping to get back on the money bandwagon especially since things have improved significantly!