New House
Posted on Wed 3 June 2009 at 01:37
With so much going on last month I nearly forgot to mention that we are buying another house. A rental property. Last year we had some money in the bank tied up in a one year bond at 3.85%. This year they are offering around 1%. So we decided to look for a little house to buy and rent out intead. At least it will give us something each month.
Its really up together and well looked after. It has 3 bedrooms, one on the main floor and two smller rooms in the eves. Very cute.
We close on it on the 18 June and hopefully will get tenants in for the 1 July.
Its a bit of a worry getting good tenants that wont abuse the house or plant a grow op in the basement.
Still you have to take a chance sometimes.
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