Family Balance Sheet
MAY 6, 2020
We spent the next few years building our savings back up to the level we had prior to 2007. Storm #2: 2013. August 2013 was a month that I’d like to wipe from my memory. Our small business was going well, so we said so long to renting office space and purchased a commercial property in the summer of 2012.
Family Balance Sheet
JUNE 4, 2015
When a building in our town went into foreclosure in 2012, we considered the opportunity to own. We crunched the numbers, spoke with our accountant, and after much deliberation and negotiation, we bought the building that summer. Our business was doing well and it seemed like the right time for us to buy.
Family Balance Sheet
JUNE 22, 2020
How we got to six figures of non-mortgage debt: In the summer of 2012, we found an opportunity to purchase an office building for our small business. We had been renting for over 10 years and we were ready to find a property to move our business to and eventually build our net worth. Everything looked great on paper.
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