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passive income

January 2018 Goals and Financial Update

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January is over! We were sick on and off for about 3 weeks, but we’re all much better now. It was a very slow month and we spent most of our days at home. Mrs. RB40 enjoys these slow winter days because she can catch up on some of the things she’s been meaning to […] Read More

A Landlord’s Second Worst Nightmare

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Without a doubt, the worst nightmare for a landlord is having horrible tenants. Fortunately, our tenants over the last 10 years were mostly trouble-free. However, we are going through the landlord’s second worst nightmare right now. Running a distant second is having an extended vacancy. Ugh! When the unit is not rented, it is taking money […] Read More

How We Generated Passive Income in 2017

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***I added a new Passive Income page. You can click to it from the menu on top of this site or follow this link - Passive Income. I will update that page monthly. Happy New Year! 2017 was a great year for investors and our passive income was great too. This was the first year […] Read More

My Annual Property Tax Gripe

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Ugh! I got our property tax bills a few days ago and I am hopping mad. For 2018, our property taxes will increase from $15,984 to $17,722. That’s 11% increase or $1,738 more. I knew that property tax always goes up, but I still get a little angry every year when I see the new […] Read More

Turning Over An Easy Rental Condo

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Investing in rental properties is one of the best ways to grow your wealth. Many people have retired with rental income and/or become rich from their investments. However, being a landlord is a lot of work. Even the easiest rental condo can take up some time especially when there is a turn over. In 2010, […] Read More

Is Blogging Income Really Passive Income?

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Hey, readers. I need your help today. Please vote on the poll at the end of this post. My question is this – should I consider blogging income as passive income? In 2017, we are very close to being able to cover 100% of our expenses with our passive income, but we're not quite there […] Read More

June 2017 Goals and Financial Update

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The year is more than half over! I hope you’re enjoying summer as much as I am. RB40Jr is out of school and we’ve been doing fun activities around town. I never go out to lunch when I’m alone, but it’s nice to go try something new from a food cart with a tasting partner. […] Read More