I looked back to last year’s July to see what was going on.
We had just bought our new house, demoed the master bathroom, and started painting a bunch of the new house. We were transporting two toddlers back and forth for all the work to be done. I was also talking about a vacant house and being rid of a non-rent-payer. The tenant that moved in then caused tens of thousands of damage with a burst pipe, and now we have a new renter in there.
And now…
We had a big wind storm come through on the 2nd. It knocked down several trees, including one on our deck. We’ve had 4 companies come out for quotes for replacement, and we’re waiting on the adjuster this week.
I have a whole separate post regarding all that’s going on with the rentals, so I’ll leave that for a separate post.
Most interesting to me is that in the last year, without any major moves (like purchasing a new rental house or paying off a mortgage), we’ve increased our net worth by over $300k. Looking back at July 2021, we’re almost $900k higher than then.
Since last month, we paid out a $22k bill that was owed from January for cleaning up the house that got flooded (there were several delays in insurance agreeing to the company’s invoice), but the market increases have netted us a gain of $16k still.
One Dollar Allowance 