i just bought my 1st rental property

Guys, it’s the post you’ve all been waiting for.

If you follow me on Instagram, then you know that Keith and I purchased our first official rental property back in September. And while I wanted to write this post MUCH sooner (you know, out of sheer personal excitement), I waited a few months to ensure at least a small level of success (and paid rent) prior to jumping the gun.

However, 3 months later, all is running smoothly (*knock on wood*), and I wanted to give you all the details behind how we got into this real estate game, the process we went through, and the numbers on our FIRST EVER rental property.

the #1 way to protect yourself in the case of a data breach

I actually found out about the Equifax data breach on Twitter (because, you know, that’s where I get all my news), and while many brushed this off as another case of potential identity theft in a time of many, I knew it was so much more than that. And it got even worse when I verified that I was one of the 143 million people who had had their information compromised. Oy vey.

the ultimate financial checklist to get your s#%! together

See if you can relate:

You’re in your 20s or early 30s and always manage to pay the bills on time but your savings account never seems to grow.

You can’t afford a gift for your friend’s bridal shower but always have the means to buy drinks at the bar at 2:30 in the morning.

You buy the latest and greatest Mac but have no emergency fund.

what you need to know before buying a home: 10 unexpected costs that could break the bank

I wish you could have seen me in the first few weeks of owning my home.

First of all, picture a house that has no dining room table, fold-up chairs serving as seating in the living room and your grandma’s 1980s coffee table being used as a TV stand (that lasted for more years than I care to admit). I’d try to throw a meal together using what little kitchen utensils I had on hand and then eat said meal off of a paper plate in a chair my parents had spent many evenings in watching my soccer games. And why?

Because I had no idea of what it actually took to outfit a home.  Multiple trash cans? I now need multiple trash cans?

why i'm choosing not to pay off my mortgage early

Exactly 4 years ago around this time at the ripe old age of 26, I was smack dab in the middle of house-hunting. I had been saving for a down payment for a few years and had finally hit my goal, so off I went into the world of starter homes and cute bungalows to find a house for this single gal that would be mine and all mine.  Well, mine and the bank’s.  At least for 15 years.

Luckily I didn’t have to deal with some of the house-hunting nightmares that others have had to endure, and I found a cute little place in the area I wanted for a great price.  We were still coming out of the recession so it was a buyer’s market, and with interest rates so low, I jumped at the deal.