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Posts Tagged ‘barn’

With more and more people losing their homes, do you wonder where they will go? An apartment maybe, or I’ve heard of people walking away from their mortgages because they can rent a nicer home for half the price they were paying to own….

So my next question is who is making money right now? The rental owners or the banks with mortgages? The banks are working hard to correct their balance sheets but the investors in rental property are where the money is, and will be for a while.

I’m wondering where this is all heading. I would like to sell my home to upgrade in acreage but I’m caught in the same trap as the majority of people these days. But the smart people are always the ones to take advantage of a crisis. I want to be one of those people and I want to know all of my options.

Buying houses now, that sometimes cost less than when they did brand spanking new 4 years ago, is where the economy seems to be going. Those who were financially strong through the boom, and continued to keep financial stability during the bust, are the ones who are snapping up properties now. Especially if you realize that people have to live somewhere, the affordable investment is more secure than the 401k or IRA of last year.

The rental investor can offer such competitive rates and of course there is demand. Any industry that people create wealth in has to have a demand and investors able to take advantage of the situation. Of course, the demand stems from home owners not able to keep their investment but still needing a home and DESIRING a nice home to live in.

The investors with the courage to snap up short sales and foreclosures for 50% (or less) of their value will continue to make a profit for years to come. With the affordable prices, they are gaining a real estate asset immediately. With demand, the business model is a sure bet. With desirability, they are proud of where their money is parked.

Affordable. Demand. Desirable. Today wealth isn’t created like the automobile industry at the turn of the century or even the computer industry in the 1990’s, it is real estate. Where will your investment be tomorrow?

Me? I’m thinking it is time to quit my relationship with Wall Street and channel my funds into making my home a rental property. I have been a landlord before and it is a huge responsibility. At least it is if you don’t want to be a slum-lord. But, my husband and I are looking at our options. If we can’t sell our home for what we owe maybe we should rent it. We have been approached by rental opportunities but we were wary. I think it is definitely time to come up with a game plan and pursue this path.

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A while back, I wrote about the dangers of winter ice and horses. And then last week I had a horse nearly cast herself in the fence. My heart has finally calmed down enough, that I can type this without my hands starting to shake at the memory.

 

I look down towards my barn and see a horse down on the fence line. The snow has been melting and it is extremely muddy in the corner of the corral where they hang out. All I can see is Sunshine on her side but I can’t tell how severe the damage is. I actually stay calm, round up the dogs and put them inside so they don’t spook her. I head out to investigate with a phone in my hand. I cannot remember a single phone number in case I need to call for help. Though I was moving, I was completely frozen inside.

 

As I approach the fence, I can’t see any damage to Sunshine. My biggest fear is that she has broken her leg and I will have to put her down. But somehow, by the grace of God, her hoof is stuck by the cannon bone on the bottom rung of the fence and I do not see blood. We still have another issue to deal with, she is starting to panic because she thinks she is being held. I talk calmly to her as I go sit on the fence. Her breathing slows, she manages to lift her hoof. In a blink she is back on all 4 and takes off at a trot to convince herself she is ok.

Now panic sets in since the crisis is over. I think I almost hyperventilated, sitting there on the fence. But she comes over and nudges my hand as it rests on my knee. I swear I heard her say, “Thanks Mom” as I looked in her gentle eyes.

sunshine-laying-in-snow

 

As I’ve said, you can’t stop them from exercising. I can’t coop them up in a stall all day. But I can hope for the best and expect the worst.

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Jeni has a new listing in our neighborhood. I must admit, I want it! It is so fun as it is, but it also has so much potential. Even considering the economy, this property has a great price.

 quonset-hut

I have to admit, I understand there are many people in this world who could never understand why I would want to live in a Quonset hut. I see so much more. Located closer to pavement than where I currently live is always a major consideration. The mud and snow of our unpaved roads is always a challenge. One I gladly accept, but life is easier when you’re closer to pavement up here!

 

Amazing Views

Amazing Views

Usuable Acreage
Usuable Acreage

This property is on 40 usable acres. You might not understand why I insert the word usable. I have horses, so when you live in the mountains, you have limited options for acreage. I need a chunk of flat land if I want to work with my horses at home. Owning acreage on a 30% slope wouldn’t do me much good. Then, this home can run off the grid. By having a generator and solar panels, the owner doesn’t have to be completely dependent on the electric company, which appeals to me greatly.

If I were the owner, what would I do to increase this homes potential?

  • Install a vertical wind tower to supplement power.
  • Add a green house because this property has sun to produce a lot of veggies!
  • Build a barn. I’m sure the horses and in-laws would appreciate the consideration.

That would be just the beginning!!!!!

MLS# 90003668

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ctp-logo1There are times to blaze your own trails in life. Then, there are times to consult a specialist. When looking to invest in recreational, hunting or fishing properties, Outdoor and Resort Properties, LLC will be the final source for all of your needs.

 

Cebelas, known for quality in equipment and outdoor advice brings that excellence to the very land their customers enjoy. This joining of Cabela’s retail brand with Outdoor & Resort’s real estate brand, is a partnership to pursue future land stewardship in Northern Nevada.

 

Jeni Temen, owner of Outdoor and Resort Properties, has been a reputation in Northern Nevada for blazing her own trails. An outdoor enthusiast with experience locating, listing and selling the most remote locations, she has brought her company into partnership with Cabela’s Trophy Properties to expand those horizons. Bringing her clients a worldwide network of resources, Outdoor and Resort Properties is the specialist buyers and sellers in Northern Nevada need.

 

Recreational property is a major investment. Buyers and Sellers need to work with a Realtor who knows the land, not just the statistics and information provided by public records. They need a Realtor who isn’t afraid to get dirty investigating and uncovering all the potential of a recreational property.

 

Outdoor and Resort Properties partnership with Cabela’s Trophy Properties  

also brings Northern Nevada a connection to land mapping services as well as aquatic and habitat services. Every resource for your recreational property is available through Outdoor and Resort Properties.

 

For the souls that need the range, waterfront or the wildlife, there is a specialist to fill that desire. Contact Outdoor & Resort Properties today and start living that dream.

Jeni and her partner Paws

Jeni and her partner Paws

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A friend was actually going to pay someone to remove roses from her yard. I helped her and scored and beautiful plant!

A friend was actually going to pay someone to remove roses from her yard. I helped her and scored and beautiful plant!

The economy is on everyone’s mind; from radio, newspapers to conversations buzzing in restaurants. Friends share their worries for the future and their tightened circumstances today. I hate the stress everyone is under and my wish is that people continue to enjoy life. Adjustments are made by many people to meet their financial obligations. Many are learning to make adjustments in all areas of their life so they don’t have to give up the things they love. 

I have always been cheap (so to speak) and I always look for the most cost effective, great deal. Example: My homeowner’s insurance figures the replacement cost of my barn would be about $40k. The funny part is that I didn’t pay a dime for that structure. Through word of mouth, via a farrier, I heard about a barn a wonderful family was giving away. The catch? The new owner would have to take it down, board by board and reassemble. I’m not going to go into all the details of THAT adventure in this post. However, it was done with a lot of blood and sweat to improve our home, save us stabling expenses and make our dream of having a great horse property come true. I have to admit, we spent about $2k on screws, concrete, gas, etc. Still, it was quite a deal!

There are deals everywhere; one just has to look. And be persistent, of course. Spring is getting closer so I search Reno Craigslist free section to see what is available for the garden. In 5 minutes, I found manure, dirt and wood chips. Did I mention these are free garden supplies? It doesn’t get better than that. Time and fuel are the costs. While I was there, I emailed a few listings to friends too. Might as well help as many people as we can!

 

Most of these plants were free...

Most of these plants were free...

The majority of plants in my garden were free. Since I moved to the high mountain desert from a completely different climate, I had no idea what would grow. I killed so many poor plants through ignorance. But as I met other gardeners, they were kind enough to share their wisdom and plants. I especially appreciated that after all the work that went into preparing the ground, I had something to grow there! Never be afraid to ask for advice or show interest in someone else’s gardens. You never know what you might get in return! 

Yes, the economy is up in the air right now. We aren’t sure where it is headed. The economy is definitely affecting some more than others and everyone is paying attention to their money. That doesn’t mean we have to stop improving our homes and quit enjoying the outdoors. It just means we may have to work a little harder and a little smarter!

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