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How Renters Insurance Can Offer Protection for Your Personal Stuff

stockvault-twisted-metal109024-PDMore and more people are renting properties these days instead of buying. The reason behind this is the increasing cost of real estate properties. If you are thinking of renting an apartment or a condo, you are on the right track.

When making a budget, include premium for renters insurance. In case you don’t know what renters insurance is, it’s a type of insurance that provides coverage for a renter’s belongings.

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Rental Cash Flow December 2015- January 2016

packs-163497_1280-PDThe rental cash flow for all of 2015 was the best ever in my history of a landlord.  I had several apartment turns, but minimal vacancy between the turns.  I am hoping that my last (half) year of working at my full time job goes well, and the cash flow continues for many years to come.

I am still working on procuring the next rental, and we have run into some title issues that are being addressed.  I have the property locked in, but it’s not final.  It should produce a solid 15%+ cash on cash return, with room to spare.  It should also add an additional ~$500 a month to my rental cash flow.

I was able to save a record amount in my 401K, IRA, HSA and after tax accounts.  All my tax deferred accounts were maxed out.  I saved enough for me to live on for a few years…

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How to Fix a Delta Shower Faucet Leak

Delta Shower ValveWhen you are a landlord, you can either hire out all the maintenance, or do some of them yourself.  I do much of it myself, and it saves a TON of money.  When you are in doubt about how to fix an item, odds are, there is someone out there, with a YouTube video, who has dedicated their life to helping you fox the issue.

This bit of maintenance to fix a shower faucet leak started simple enough.  It was a quick text by a tenant saying her bathtub faucet was leaking.  Then a phone call.  When you get a text and phone call, it becomes a bit more serious…

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