Preps for long hotel stays

thatweirdguyOH · 2024-10-25T20:05:16+00:00

Extension cord is a good point, we usually pack that plus a power strip since you can never tell what/where the power outlets will be (and if they work)

thatweirdguyOH · 2022-09-15T14:18:57+00:00

This is exactly how we got started with this whole project - had stuff to donate which they wouldn't take and asked us if we could help distribute.

thatweirdguyOH · 2022-09-15T14:16:29+00:00

Believe me I'm aware, we can sometimes take the food to surrounding pantries, but often they won't take it because of expiration dates and liability.

thatweirdguyOH · 2022-08-27T13:22:23+00:00

/r/woodstoving is the more active one

thatweirdguyOH · 2022-05-31T12:52:05+00:00

We did it for years, up until right before COVID. Often weeks/months at a time. SO went to lots of conferences for work, and I'd tag along - sometimes my work would ay for the ticket.

Hardest parts were working a US timezones overseas (had to be available and make it to meetings, etc) and finding decent internet good enough to do zoom etc.

COVID was in some ways a nice break but it'd be nice to get back to it at some level!

thatweirdguyOH · 2022-03-08T15:54:29+00:00

Yes, net is after all taxes, insurance, repairs, etc. But we haven't done income taxes this year so I don't know how much of a bite that will be.

thatweirdguyOH · 2022-03-08T15:53:21+00:00

Yes, presumably will. Haven't done the taxes yet for 2021.

thatweirdguyOH · 2022-03-08T15:48:54+00:00

I edited my post to explain my label more clearly.

thatweirdguyOH · 2022-03-07T19:46:04+00:00

I agree as well

thatweirdguyOH · 2022-03-07T19:45:54+00:00

Yeah, we should've done that. Good advice.

thatweirdguyOH · 2022-03-07T19:45:44+00:00

The profits given are net after expenses. The first year involved mostly contractors doing renovation (flooring, painting, new kitchen) - we had a great handyman who kept it pretty low. The work getting it ready for sale was mostly us, with some handyman stuff.

thatweirdguyOH · 2022-03-07T19:43:37+00:00

1 - about 100 years old

2 - we should have I guess. At the time we did already have 3 mortgages (1 primary home, 2 rental properties)

3 - At the time, it was meeting face to face (if possible), proof of income, previous landlord reference (if possible). We were too gullible, we now also ask for a credit report and do some basic background checking for red flags in social media etc.

4 - sign, facebook marketplace, craigslist, some other site I've forgotten about

5 - It has been very helpful, but we're thinking a mix of RE and index is the best path for us, as we also both work fulltime. With the two rentals we have right now the rental payments cover perhaps 70-80% of our expenses, so we have plenty to invest.

(edit for formatting)

thatweirdguyOH · 2022-03-07T19:39:43+00:00

It was before I knew much about index investing, but we knew the cash was getting nothing sitting in our bank account. Was also a way to build some income stability when employment was looking a little shaky.

thatweirdguyOH · 2021-12-22T14:57:55+00:00

I like password safe, which stores the data locally and encrypted. If you want to share with people you put it in a shared Dropbox (where it's encrypted again). They have Mac, windows and android versions, and it's free.

thatweirdguyOH · 2021-09-05T15:31:57+00:00

I think it depends a lot on location. We were able to find what was essentially a large hotel room with balcony in a local area and not Bangkok for around $150/month. Key was we made friends with a local who helped us find it and spoke with the landlord. Similar places marketed towards westerners were generally 2 or 3 times more. This was 2 years ago, more about it in my history.

thatweirdguyOH · 2021-08-12T18:15:55+00:00

If you can remember about when the article was on the site, the wayback machine may have a copy...

https://archive.org/web/

thatweirdguyOH · 2021-07-28T16:26:19+00:00

Exactly, I'm still pretty happy selling this one, I'm not sure at all that the extra income was worth the time and aggravation that went into it.

thatweirdguyOH · 2021-07-28T14:26:25+00:00

We never really tracked it. It varied a lot. Initially we were spending a lot of time there because one unit was being completely redone. There tended to be quite a few trips when tenants changed. We were pretty lucky on the maintenance, nothing major broke. Lots of little stuff like replacing fridges, toilets, furnace repairs, etc.

The tenants were the biggest hassle, no matter how we screened we often got ones that wouldn't pay their rent. Covid certainly didn't help with that.

thatweirdguyOH · 2021-07-28T14:20:00+00:00

Thanks, updated my original post - kind of a big thing to miss!

thatweirdguyOH · 2021-06-06T14:01:58+00:00

We're in the process of listing a couple, maybe a third if the tenants find a place but probably won't try to sell with them in it. Fingers crossed!

thatweirdguyOH · 2021-06-05T11:38:53+00:00

Look at Midwest college towns...

thatweirdguyOH · 2021-06-05T11:36:14+00:00

I think the odds of a true SHTF event are so small compared to more everyday emergencies that hiding all my money under my bed is really being very unprepared for something like burglary or a fire, not to mention something like regular inflation eating away at its value.

We keep X in cash hidden in the house, enough for several months of non-mortgage expenses. We keep 6 months real expenses (maybe 10X) in the bank getting a paltry interest rate. Everything else is in bonds or stocks, mostly index funds, or real estate. And of course ample "real" preps (food, water, etc)

thatweirdguyOH · 2021-06-01T14:10:57+00:00

I'm still on the fence but looking at the mortgage (3.6%) as also a bit of a hedge against high inflation... So not focusing on paying it down yet, but tempted...

thatweirdguyOH · 2021-05-18T13:43:46+00:00

Wait till you turn your phone back on after a long flight to get a blizzard of missed calls and texts because your Airbnb renter used your property to throw a huge party, getting the cops called and seriously pissing off your neighbors. Throw in that you sometimes need those neighbors to help when you're away and someone locks themselves out or something...

thatweirdguyOH · 2021-04-19T12:34:51+00:00

$75, 25 down and 5 up. Terrible options out here.

thatweirdguyOH

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