Hi friends! Welcome to my RU-vid Channel! My name is Adrienne. I live in Southern California with my husband, Noah. I'm a finance enthusiast obsessed with all things investing and saving money. I hope you stick around :)
Just spent $274 on our aldi haul. But our closest aldi is 120 miles away, so we really stock up. Compared to our local grocery store (Kroger and walmart) we save well over $150 and that includes the gas to and from. Wife and I get a chance to get out of town and spend time together so we consider it a date. Plus we do a whole bunch of shopping on these trips for everything from clothes, bedding and linens, household items such a laundry soap, personal hygiene, her make-up crap, we come back fully loaded down but in the long run it saves us money.
Long comment alert! Yes, its a big deal to be a landlord!! I am landlord/owner occupy in the duplex. I think being on hand its different for sure. A few points in response: 1) Yes, definitely have to have an emergency fund FOR the property. I heard recently to have 6 months of the rent on hand, before that I was hearing to be setting aside 2 months worth every year. Capital expenses are large when they show up. 2) Electrical question: did you check with other insurance companies? I have actually knob and tube wire which I know one insurance company wouldn't cover, but others do. Knob and tube is fine as long as you don't try to do tying new things on the system. 3) As for the topic of raising vs keeping a tenant at current- the best of both worlds in my opinion is slow tiny raises - so like 3 percent. that was the average historically, I read. That's what I try to do. In my experience people either want to stay and will stay with the tiny raise, or they will want to leave no matter if you left it at the same, based on their life. Certainly though it is totally true that it costs MONEY to re-rent - money to fix up the place (and that would be 500-1k for sure), hassle, and any time unrented. So its definitely true to me that its worth it to keep tenants in if possible. People often don't factor in that disruption into the overall costs, as well as they conveniently don't remember the big ticket expenses. At least when you do ultimately sell those large improvements do get added to the cost basis.4) I have home insurance for my place that knows its for a multi unit, but its not "landlord". I do owner occupy so hard to say. I haven't ever applied to use my home insurance. 5) I think its wise to think about massive expense items separately: thats mainly HVAC and roof to me. Maybe save for those kinds of large things in a seperate way to the emergency fund - sinking fund type thing. 6) For the record, you could totally vet a tenant. I post on zillow for free, and there is a small fee the applicant pays to apply through there. it does the credit and background check, and you can ask for hte references and pay stubs. That's honestly all the company is doing!
so detailed! So to respond to a few of your points: it wasn't our insurance plan, it was the property's master insurance policy that required the rewiring. I totally agree with you about the small incremental increases to rent though. We ended up being able to rent the property for $200 more so $2400/year which will hopefully make up for unoccupied time :)
@@AdrienneInvests also, and I know its hindsight, but property managers aren't in charge of what we do for our houses, right? So if you had it to do over again, would you consider switching managers if they required that?
Don’t make a kid because it costs like $100,000 dollars from 0 to 18 years Be single like most people so a major accident never happens and Don't lose $10,000 on a wedding and $100,000 in divorce
The utilities you listed are really low… in comparison to San Francisco… my highest spending is definitely cell phone with unlimited data/ internet high speed/ tv cable/ electricity I pay $500 with EV car ( no gas, no car maintenance, no other transportation)
Off topic, i know you promoted receipt hog in the past, i had receipt hog for almost a year, until recently my account got banned for what they claim were "fake referrals" which was completely untrue. I consistently repost my referral code on reddit and was able to rack up plenty of referrals. I think the real reason they banned me was because i had over 30 thousand coins and they didnt want to grant me gift cards so the cane up with an excuse. My question to you, have you had any issue with receipt hog trying to accuse you of fraudulent activity? This really upset me because thats was over 120 dollars down the drain because of some bs they accused me of.
Weird take. She's cutting dead space for ease of listening. Why would you want to listen to the same information in a video that takes 4x longer? Good content creators must do this or else they won't get views.
