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Archive for October, 2012

Fire at Parents Rental Property

October 11th, 2012 at 12:52 pm

My parents own several rental properties, mostly duplexes. They had one trailer (this was actually their first home that they moved out of 26 years ago) and about a week ago it burned down. The cause of the fire was under investigation and I have not heard an update on it yet, but sounds like probably was a cigarette left unattended on the deck. Everyone got out ok and no injuries, but they did lose their cat. Frown
The deck was where the fire began and the deck, living room and kitchen were affected the most. The fire did not spread to the bedrooms or bathroom, but of course everything was engulfed in smoke and soot.
My parents are obviously upset because their rentals are a big part of their retirement income. All of the rentals are paid off and the money goes into a joint account (my parents divorced amicably a few years ago). My Mom is 57 and she retired a few years ago. My Dad is 59 and will probably retire in the next 5 years or so. Not only do they lose the income from the property, but they also have to pay to have the trailer pulled out of the trailer court and disposed of, and to have the lot cleaned up so the trailer park can rent the spot to someone else. Luckily my parents are great at saving a buck (I LEARNED FROM THE BEST!) and they are doing what they can to soften the blow. They sold the shed for $50, they sold a separate room (my Dad had built on to the trailer 20+ years ago) for $100 (this also saved on the cost for pulling it out), they also sold the water heater (I think for $50?). Of course they have insurance on the building, so they will get that, but in the long run it doesnít help much. They also took out the toilet, the kitchen sink, the washer and dryer, and a few other items that they could salvage and keep to use on their other rentals as needed.
So my Mom called the renter and told them to make sure they come and take everything they can before they pull the trailer out. The girl comes by and essentially tells my Mom she canít save anything there and leaves. Yes, I feel bad about the fire, but if I had that happen to me and had nothing now, I would be on my hands and knees digging through the soot trying to save anything I could. She just doesnít want to put any effort or elbow grease into it. So once she said she didnít need want anything else in there my Mom went through and took anything worth value. She got 2 whole garbage bags of food, mostly canned goods, (the kitchen wasnít actually one fire, but it is off the living room where the fire was), and also some boxed items, cereals, pastas and taco shells, all unopened, nothing burned, just has marks where the smoke was. What is wrong with them? NOTHING! She also got a blender, an electric griddle and over 200 DVDs! The DVDs were in the living room, and the cases on all of them are a little melted, but there are nothing wrong with the DVDs, she tried them in her DVD player and they work fine, so she is going to clean them off as best she can and see if she can get $1 a piece at the rummage sale. So at least they will get some money back from this lossÖbut I just canít believe that girl left all that stuff there when she has nothing. She even left her daughterís baby pictures there after my Mom specifically pointed them out and asked her if she wanted to take them. 
My Mom gave me a bag of food as well, mostly boxed pasta and rice. I will go through that this weekend to make sure everything is ok and get it transferred into better containers.

Rebates

October 7th, 2012 at 07:53 pm

I had 2 rebates I have been waiting for, got both of them in the mail this last week.

P&G rebate - $5.00 for spending $30.00 on select P&G products. The nice thing about this rebate is you qualify with a "retail price" of $30.00....you don't have to actually spend $30.00. So I had got numerous items from CVS (Covergirl and Herbel Essences) that I had bought for cheap (some of them were items I sold for profit at the rummage sale). I was surprised when I got the rebate in the mail, it wasn't a check, it was actually a $5.00 Visa Pre-Paid Debit Card. Which is nice I guess, I can use it on a future CVS trip!

Cremo Cream Shave Rebate - This rebate was a TMF (Try Me Free) rebate. I got a check in the mail for $7.99, the full cost of the item, plus I also got 3 coupons to give to my friends so they can get it free also. I have not used this product yet, but my Mom did and she liked it, so once this can of shaving foam is gone I will try it to see if I like it.

A little fun shopping for me

October 7th, 2012 at 07:38 pm

I don't usually do fun shopping for me, but was out of town for the day so bought myself a few things.

I got a tank top at Walmart for $1.00. Smile

2 belts at Target, $10.00 each.

Promotion!

October 7th, 2012 at 07:34 pm

I got a promotion at work! YEAH! I do not know all the details yet or what my raise will be, will post about that soon!

CVS Deals Week of 10/7/12

October 7th, 2012 at 07:30 pm

CVS has 2 adds this week. The only thing I found for the first add of the week was Progresso Soup. But got a great deal!

When I scanned my CVS card at the coupon machine I got $5.00 EB from the Beauty Club and also a $1.50 EB for the quarterly extra bucks!

Progresso Soup (Limit 6 cans)
Regular Price $2.77 each ($16.62)
-$1.83 Sale Price each ($10.98)
-$5.00 Beauty Club EB
Final Price .64 for 6 cans of soup! Less then .11 per can.

Savings of $16.20!

I also scanned DHs card and got a .50 quarterly EB for his card.

My yearly savings (according to my receipt) is $531.19! That doesn't count the savings on DHs card and my Moms card, I use both of those occasionally if there is a super deal.

$20K Update

October 2nd, 2012 at 05:54 am

Current Balance $24,355.00
+$100.00 to EF from Payday
+$100.00 to Sept 2013 from Payday
+$85.00 to retirement hold account
+$250.00 Cross Country Pay
-$25.00 to ROTH IRA
+$15.03 ING Interest
+$24.97 ING Even Out Amount
+$40.00 ?? Somewhere my math is off.....
New Balance $24,945.00

Bingo Money (cash) $1620.00
ING $21,200.00 ($4000.00 Bingo Money)
Home Improvements(cash)$850.00
HSBC $1275.00
Total = $24,945.00

Bingo Money
Tips total - $2006.61
Wage total - $3617.32
Total Bingo Money - $5623.93

October 2012 Savings Update

October 1st, 2012 at 09:51 pm

Regular Savings:
Bingo Money $5625
Home Maintanence ING $3450
Cushion $2420
HSA $6145
New Patio Door(cash) $850
September 2012 $225
Emergency Fund $3415
New Car $5025 - Complete
Vacation - $3005 - Complete
Anniversary Cruise $1275 - Complete
Total Regular Savings = $31,435.00

Retirement Savings:
Retirement Hold Account $1960
Roth IRA $5980
Rollover IRA $890
401K $21,765
403B $17,660 (est)
Total Retirement Savings = $48,225.00

Total Savings = $79,390.00

Yeah! Over $75K!!


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