By: Mrs PoP
Haha, too true – I love Target. But we also really admire the type of minimalist life you guys are living in Grenada now. It’s totally something we can see ourselves doing someday.
View ArticleBy: Masses vs Great Design and a Round Up - Wealth Artisan
[...] PoP @ Planting Our Pennies writes Our Diversified Real Estate Portfolio – How we turned the biggest RE bust of the past 30 years into the biggest buying opportunity [...]
View ArticleBy: Roomba Saved Our Marriage | Budgeting In the Fun Stuff
[...] we were both working full time jobs, and then putting in 15-20 hours each of manual labor fixing up the duplex every weekend. I was pooped. Emotionally, physically, you name [...]
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By: Paula @ Afford Anything
“Mr. Pop here-my wife says if this posts gets 5 comments then I can buy that last foreclosure I’ve had my eye on for 6 months now” — here’s my comment! Buy something!
View ArticleBy: Mrs PoP
haha – I told him that was a limited time offer and it’s expired now =) Hopefully we’ll buy more someday, but prices have changed A LOT in the last two years around here. The payback on investment...
View ArticleBy: Working minimum wage for experience | Planting Our Pennies
[...] very different if that sale had gone through – probably no $50K duplex or the rest of our real estate “portfolio”, but we would be growing a business and building equity there – how can we really...
View ArticleBy: How much do our parents know about our Finances? | Planting Our Pennies
[...] I’m sure we’ve never mentioned the undeveloped lot that we own that makes up the rest of our real estate portfolio. [...]
View ArticleBy: Debt and Wealth: A Delicate Balancing Act | Planting Our Pennies
[...] tree, debt and wealth creation can have a pretty symbiotic relationship. In order to buy all of our real estate portfolio over the last three years, we took on a good chunk of debt. Without that...
View ArticleBy: Keeping up with the Joneses | Planting Our Pennies
[...] one of the smallest houses in the neighborhood at a fire sale price in the middle of the great [...]
View ArticleBy: Where Do Our Property Tax Dollars Go? | Planting Our Pennies
[...] the year (for these Floridians at least) when property tax bills get mailed out. And since we have three properties now… we get three bills, so it’s kindof a big event around here. This guy even...
View ArticleBy: Hidden Benefits of Foreclosure Hunting | Eyes on the Dollar
[...] it became pretty clear that over the last twenty years or so, B had developed his own quite diversified real estate portfolio (much bigger than ours!) and Mr. PoP had no idea. Luckily Mr. PoP was...
View ArticleBy: How We Fought Our Real Estate Taxes And Won - Part 1 | Planting Our Pennies
[...] little over three years ago, we bought our first home. It was a modest home, purchased out of foreclosure during the depths of the real estate crisis, [...]
View ArticleBy: When does a cheap couple give up and hire professional lawyers and...
[...] to hire a Real Estate Lawyer to write up a formal contractual agreement with the neighbors of our empty lot. Right now, we’ve got a handshake agreement whereby they mow the lawn in exchange for...
View ArticleBy: When your parents don't want the money back | Planting Our Pennies
[...] duplex via a HELOC that we used to fund half (we saved up cash for the rest) of the purchase of another investment property, a residential lot. And now we’ve managed to kill the HELOC. *Whew*...
View ArticleBy: sylvia edna
Great post, we’re from NY and thinking of investing in Florida. Will appreciate any tips for the area we’re interesting in. Please contact me.
View ArticleBy: Jonathan
Regarding the residential lot, is there something you can do with the lot in the interim to have it earn a small income? For example, could you allow neighbors to park their boats there for storage?...
View ArticleBy: Mrs PoP
The neighbor does currently store his boat on the lot in exchange for maintaining the property. He mows, trims trees, etc. It’s saving us either $50 or $60 per month, or a $20 in gas + a few hours of...
View ArticleBy: Jonathan
My wife’s family has done this. Assuming it’s zoned to allow a trailer (or even two! You could build a park, “PoP Trailer Heaven!”), here’s what I would consider: 1) Buy an old trailer or two for...
View ArticleBy: Mrs PoP
PoP Trailer Heaven! Has a nice ring, but I do know that the lot is definitely not zoned multi-family. There’s actually a small (but nice-ish) trailer park near to our lot where some of the streets have...
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By: Ney @ ShopaholicSavers.com
I’ve really enjoyed reading about your real estate adventures. I’m not in a position to buy yet but I definitely plan on it soon. I saw that you mentioned that you live in Fl. I live in Central FL and...
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