Information Place
I really can’t hardly believe it’s been almost nine months since we bought our rental property. Between the purchasing, the cleaning up, taking photos, advertising the apartments, searching for, denying and approving prospective tenants, and collecting a few months’ rent, it’s been a load of new experiences. It feels like much more time has passed … Read more
Dashing off a quick and unexpected entry today. Suddenly, we are interested in buying a rental property! A little background. I have been bouncing around the idea of buying a rental property ever since we bought our house in 2008. Since then, I’ve probably bought four Rental Properties for Dummies-type books on the subject. On … Read more
For newcomers, hello! We’re Norm and Marge. We’re thirty-somethings who are using frugality to fast track our way to early retirement. Our rental property is just one part of the plan. If you’re interested, read elsewhere on the blog about how we max out our retirement accounts and keep our expenses low by analyzing every … Read more
The first stock I ever bought was after my junior year of college. I was 20 years old and had a job as a bookkeeper for an old lady who had a tiny tax return and apartment rental business. I say “tiny” because she had about two tax clients and one apartment. Basically, she had … Read more
Hey everyone. Exciting news today. We’ll be talking about CDs (Certificates of Deposit) and how I’m thinking about using them! We haven’t owned any CDs for probably ten years. It was one of the first investments I made after graduating from college. Back then, you could get a one-year CD that paid over five percent! … Read more
In a fantastic mark of my own procrastination, I’ve never talked about my relationship with Lending Club here in depth. For those of you who still haven’t heard of them, Lending Club facilitates lending from one person to another person. Instead of holding onto deposits and lending them out to whoever they choose as a … Read more
Can you believe it? It’s been two years now since we bought our rental property! In 2015, we had been maxing out our retirement accounts and looking for a new type of investment. Going by all the early retirement blogs I was reading, it seemed like the next step was adding rental property to our … Read more
In our seemingly never-ending quest to rid ourselves of all debt forever, we made a move to pay off almost $2,000 of the loan on our Toyota Corolla. We sold a bunch of savings bonds! Was this a good idea or not? It all depends on the interest rate we’d earn on the savings bonds versus … Read more
Oh dear readers, as I mentioned last week we are going to Peru for a week and a half. Now is as good a time as any for a blog break. The next post probably won’t be until mid-April. SAD FACE! But it will be our first Ridinkulous Quarterly Expense Report! Exciting! In the meantime, I hope … Read more
Well look what time it is, everyone! It’s time for our very first quarterly report! Some financial blogs compile their expenses on a monthly basis. Not me! I’m far too lazy! Plus, through our constant churning of credit cards, and the fact that I record every expense on a cash basis, our monthly totals get … Read more