Another year full of hope and promise. So far this year I have gotten a raise, my sister agreed to let me buy her half of my house and my neighbor, who I live with during the winter, adopted a new dog. Of those three things, the one that affects me on a daily basis, is the dog. He is young and energetic and, of course, too cute. So far the other dogs are annoyed by him.
I am thrilled to be able to own the whole house. Although the paperwork isn't complete yet, it will greatly simplify my retirement calculations. Trying to manage a hybrid rental home with partners was too complicated. I should have known better since I don't even like the property management company that I have for one of my rental homes. I like making decisions alone.
This is a good time to review my properties:
1. House near the airport - rented through a property management company.
2. House near downtown- rented out by me.
3. Nephew in mobile home on 4.5 acres in the desert - I banished him there.
4. House that I live in but rent out in the winter- rented through VRBO.
5. Tiny house next to mobile home in the desert- currently unfinished inside. This is my emergency backup housing.
So, the exciting news is that I added up my account balances and I could safely retire in two months. The bad news is that I raided both of my maintenance funds to pay for half of the house so it wouldn't be prudent to quit yet especially since the house needs a new heat/AC unit ($6k). I must focus on replenishing those accounts and keep working towards my backup funds of $1500/month. My spreadsheet says in 2 years I could do it. I bet I can do it quicker!