A personal finance and investing blog
FIRE Finance is hosting the latest edition of the Carnival of Personal Finance. This 202nd Carnival focuses is themed around the quotations of Lao Tsu, author of the Tao Te Ching. Here are this week’s editor’s picks:
The Carnival also includes my article, Rental Property Update April 2009.
This post is an update on my rental property in Philadelphia. In this section, I talk about my landlord experience – the good, the bad, and the ugly. All my posts that are related to the rental property can be found in the Rental Property section, including the bad tenant saga series).
The tenant finally moved out by the end of March and paid nothing. I was left with a huge financial baggage. The rent money, the water fees, and the cost of repairs amount to a substantial amount of money, and not to mention the amount of time I lost and the trouble I had gone through. (more…)
Mighty Bargain Hunter is hosting the latest edition of the Carnival of Personal Finance. This week’s edition features the best blog articles on money management, frugality, saving and investing from around the world.
The Carnival also includes my article, Rental Property Update March 2009.
This post is an update on my rental property in Philadelphia. In this section, I talk about my landlord experience – the good, the bad, and the ugly. All my posts that are related to the rental property can be found in the Rental Property section, including the bad tenant saga series).
In March, I waited anxiously for my tenant to move out of my house. The settlement allowed the tenant to stay until March 31st, but there was no guarantee that he would oblige by the agreement. (more…)
The 200th edition of the Carnival of Personal Finance is live, hosted by MoneyNing. A long list of articles have been included, and the host has selected two worthy of “Editor’s Choice:”
The Carnival also includes my article, Tax Time April 15, 2009.
I was told that there are only two things that are certain in life – death and taxes. On April 15, every working American knows that if he or she is not dead, then he or she owes his or her share of taxes to the government. Filing taxes is not exactly the most fun job out there, but it is something that is better to get over with. I used to file my taxes near the deadline date, but there are reasons to file earlier than later. (more…)
The Carnival of Personal Finance version #199 is now live at ABCs of Investing – it has a “spring has sprung” theme with lots of pretty flowers.
It includes my article, 5 Big Myths About Owning A Rental Property.
Many people think that it is easy to become a landlord – you know, you buy a property, sit back, collect rent every month and enjoy the income. The popular belief is that once you buy a property and rent it out, then you are all set for the next 30 years or so. At least that’s what I was told before I bought my rental property in Philadelphia.
When the real estate market was booming and New York property was already overpriced, many New Yorkers rushed to Philadelphia to look for undervalued properties. The trick was to buy a property before the real estate market prices skyrocket in Philadelphia. My parents’ friends had bought properties in Philadelphia when the average single-family houses were in the sixty thousand dollars range. Luckily for them, they had double their initial investments in less than 5 years. (more…)
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