The Unique Struggles of Being a Young Landlord

Prairie Eco-Thrifter

It became apparent that there are some unique challenges of being a young landlord. As a result, things were broken and damaged more often; the tenants seemed to think that because the landlords were young, they didn’t care about their belongings and their investment. Younger landlords attract younger, and less responsible tenants, which caused our friends a lot of grief. My fiance and I bought our house in late 2012, and moved in almost immediately.

Save Money on Rent

Prairie Eco-Thrifter

Years ago, we rented a unit in one of two quadruplex buildings owned by our landlord. To save some money, we asked the landlord if we could start a vegetable garden in the area outside our unit. The landlord also let me pick some of the seeded concord grapes growing up the hill. When the landlord saw how industrious we were – on the gardening and keeping things neat and clean - he offered us each a job, in return for a reduction in our rent.

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George Foreman 15+ Serving Indoor/Outdoor Electric Grill ONLY $64.99 (Reg $99)

For the Mommas

Apartment-Approved – Your landlord will love this grill just as much as you do. George Foreman 15+ Serving Indoor/Outdoor Electric Grill ONLY $64.99 (Reg $99). Walmart has this amazing offer where in you can score George Foreman 15+ Serving Indoor/Outdoor Electric Grill for ONLY $64.99, down from $90 with free shipping. Features: 15+ Servings – It’s tailgate time! The 240 square inches of circular grilling surface lets you make over 15 servings for large groups of people.

Selling Your Investment Property?

Prairie Eco-Thrifter

Not everyone is cut out to be a landlord or landlady. However, we have not been able to claim that loss due to the overly complex and landlord unfriendly income tax laws we now have. If your relationship with that investment property has soured, maybe it is time to sell. You bought the property in hopes that your renters would pay your expenses while the property appreciated. Now that the market is (somewhat) recovered – time to collect on that appreciation!

Should You Buy a House Now?

Prairie Eco-Thrifter

If you have the temperament to become a landlord, you can purchase the home and then rent it out, earning money each month. Right now, many people wonder if now is the right time to buy a house. In the United States, where I live, there is interest in buying now, before prices completely recover and while interest rates are near record lows.

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Eight Things I Learned After Becoming a Millionaire

Prairie Eco-Thrifter

You don’t have to contend with deciding which bill to pay or how to avoid a debt collector’s call or trying to keep the landlord off your back. When we are young and poor, a million dollars seems an enormous sum – enough to cure all the ills in our lives! If you are working at becoming a millionaire, perhaps you dream about the mansion you will buy and the servants you will have, the vacations you will take and the interests you will pursue.

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Why You Should Be Collecting Rainwater

Prairie Eco-Thrifter

Since water and snow falls from the sky for free, my landlord made it so that after it lands on the roof it then runs down some pipes into the ground, providing more than enough to water the trees and plants without using any municipal water. Ever since I graduated college, I had wanted to collect rain and snowmelt off my roof. But seeing as how A. I was a poor college student and B.

Life Tips from Dad

Prairie Eco-Thrifter

Financially, he moved from working for a living to becoming a landlord and property flipper to eventually trading in the stock market. Those of us lucky enough to have a Dad in our life know that they teach us many valuable lessons. Here are a few tips from my Dad that taught me some. Challenge what life hands you. Dad grew up on a farm, lived through the depression watching his folks lose the farm and turn into sharecroppers.

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Is Now The Time to Buy a Home?

Prairie Eco-Thrifter

Just think – when the pipe breaks, you just call your landlord and you don’t have to deal with (or pay for it) yourself. Often times you hear of home ownership referred to as the American dream, but this isn’t always the case. There are numerous factors to consider when deciding whether to buy your first home or to continue renting – especially when you’re out of college.

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Ways to Build Credit Without Relying Solely on Credit Cards

Prairie Eco-Thrifter

None of these services depend on landlord participation. For those who prefer to pay with cash and avoid the credit card debt cycle altogether, building a solid credit history and high FICO score can be a challenge – but it doesn’t have to be. Only a small portion of your FICO score is based on having and using revolving credit. The first step is to understand what goes into your score. The majority of your FICO score is based on your payment history and your balances.

Sell Your Home or Stay?

Prairie Eco-Thrifter

Are you financially able to carry two homes or are you willing to become a landlord to a renter for awhile? How do we decide if we should sell our home or stay put? At some point in your life, you will probably ask yourself that question. What are the factors that you should weigh to make a decision? My spouse and I are currently pondering this issue. We are trying to peer into our crystal ball to figure out if we will still be satisfied with our location in 5 or 10 years.

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Live Green and Get More Green in Your Wallet

Prairie Eco-Thrifter

From becoming a landlord to renting out tools, vehicles and high-fashion attire… opportunities exist for people to make money off items they already own. Guest Post Author Bio: The following is a guest post by Lisa at Car Insurance Comparison, an Australian blog created to help its readers compare car insurance in and around their areas. As the readers of Prairie EcoThrifter know: money, or lack thereof, is driving many people to become more frugal.

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Lazy Saturday Reads: Strawburied in Chocolate, Friends Like These and More

For the Mommas

She is so looking forward to a romantic weekend with current flame, landlord and neighbor, Jason Hunter. Here are some Lazy Saturday Reads. Amazon’s Free Kindle books get updated hourly, so be sure to download them soon. Caution: This Vehicle Makes Frequent Stop For Boiled Peanuts by Sean Dietrich. A collection of short stories from the author of Sean of the South, and Lyla. Columnist, humorist, and novelist, Sean Dietrich, is known for his commentary on life in the American South.

Save Money – Develop Important Home Owner Skills

Prairie Eco-Thrifter

Here is my take on the skills every homeowner or landlord needs to have. With interest rates at all time lows, more foreclosures coming on the market and prices at decade low levels, you may be looking to buy a home or investment property. If you’ve never owned a house before, there are some things you need to know. Skills that will save you big bucks over time. Know When to Get Help.

Yakezie Carnival November 13, 2011- November Edition

Prairie Eco-Thrifter

However, as a landlord, you are required to make basic repairs. Welcome to this week’s Yakezie Carnival. This week I as your host have chosen the theme of “November” and here is why. November to many of us means nothing more than turning on the heat, finishing the yard work, and beginning our hibernation from the cold. As common as that is, there is much more that happens in this 11th month. Here are some cool things that happen in November.

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Tips for Protecting Your Identity

Saving Cents With Sense

Suggest that your potential landlord use a service like Mysmartmove to conduct a background and credit check. Each year, more than 9 million people have their identity stolen, resulting in debt , lost job opportunities, and even a criminal record. Avoid becoming a part of this statistic by taking a few precautionary steps to keep your personal information safe. Keep Your Social Security Number Safe.

Listen to Iron Maiden, Maybe, With Me.

Work With What You've Got

My landlord is not big on raking them and to be honest I don’t so much care. Oh hi!~ Remember these denim leggings? I used to wear them like every other day? I still love them, but they have faded and a trip to the RIT dye bath at Tina’s house helped, but not enough. I am sad. I wear them less often now not because I no longer love them, but in an effort to prolong their little lives. I’m finding some of my favorite Summer blouses a little hard to jacket, are you?

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Home Depot: Free Renew Your Bath for Less Workshops & $100 Giveaway

For the Mommas

No landlord to call – unless you count calling Mystery Husband and saying “Can you fix this!&# As you may already know, we like to do our own projects “on the cheap&#. This means buying our materials at near contractor costs and my husband doing the work. Over the years and with countless projects, we have spent many, many hours in Home Depot. Mystery Husband can tell you were everything is, no problem.

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