Category Archives: Remodeling and Renovating

We Sold a House!

Today was our closing on one of our rentals. It was definitely a bittersweet feeling. We have come a long way since we first bought the house with the rainbow cabinets, pink rooms, carpeted bathroom and out of date style. (If you missed it, you really should check out what it looked like before…and after we were through with it.)  Overall, we have had 95%+ occupancy rate with it, and we always said that we would live in the bungalow ourselves. We’ve made good income on it, and our purpose of it was for income when we are living in Puerto Rico.

However, last summer, we also had tenants from hell who only stayed there for about 5 days, but really traumatized us. We just couldn’t ever satisfy them and I think especially Britton tied that feeling probably unfairly  to the house. So when we talked with our real estate agent and she told us we could easily get $30,000 more than we paid for it a couple of years ago, we thought it was a no-brainer to take it.

We figure that this lump sum sale will help us in Puerto Rico just as much if not more than the smalll monthly rent checks could. We can transfer the funds from this property into improvements in Rincon like fixing up the concrete cabana, the wooden house AND build another cabana or pool. With those improvements we should easily make more monthly income there than we would here from the rental house.


One last moment with our first-ever sold house

Still, I was of two minds about it. Britton was ready to let go of the burden. He said he already feels lighter, like letting go of baggage. I am excited about the prospects for Puerto Rico, but still hadn’t quite let go of the house. Today, though, we visited the house one last time and thanked it for all the lessons it had taught us, and all the people it had housed. We blessed it for the next people to live there, and released it. It felt really good.

At the closing today, we met the young couple who bought it. They are super-excited to live there. It is their first home and their energy was contagious. I had a strange feeling of birth and death and rebirth. For us, our chapter of life with that house is closing -dying- but for them it is just beginning! And from that energy transfer, the loss of this property to us will bring forth a new life -our new life in Puerto Rico. Pretty cool.

Anyhow, we decided we should commemorate this day with something that is a reflection of it. We bought a piece of authentic pottery/art. To us, it represents something from Greeley that brings something tropical. And it is usable as well! We loved the colors and glazing technique the artist used.


Our pottery fish platter


Close-up Details

After the closing we also celebrated by going to our favorite restaurant: Bisetti’s in Fort Collins.


Outside Bisetti’s in Fort Collins

After dinner we walked around downtown Fort Collins, went and played at an old school arcade called Pinball Jones, found an outdoor community piano (!?) and had a great time. Things are really coming together for us and it makes us super stoked for the next chapter that is to come.


Man, I’ve forgotten most of my piano lessons!

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And Fixing Houses and Saving Money

There seems to be a theme lately. Things break and sometimes we fix them and sometimes we have someone else fix it. I suppose that I like to pick my battles.

We were over at one of the rentals and the current tenants are moving out at the end of the month. The management company we hired suggested that the yard be cleaned up a bit. Mulch, weed removal and turning on the sprinklers. All pretty basic stuff. When we were working over there, we noticed that they had the AC on (compressor outside was running). It wasn’t a very hot day, and we wouldn’t have had our AC on, but we just kept about our yard work and didn’t think much about it.   Cassie was a weed pulling, rose and tree triming machine!

One thing about Colorado is we have tenacious weeds.  They grow even when it’s hot and there is no water.  As a result anytime we put down rocks or mulch the standard operating procedure is to put down some kind of weed barrier.  The landscaping stores sell a fabric that is supposed to keep the weeds down.  And it does…For a while.  Then the fabric starts to break down, or the weeds just start growing in the fabric.  I’ve come to find that it’s worthless as a weed deterrent.


Plastic was used along the fence, landscape fabric on the left

Instead what I have found works really well is the thickest plastic you can find.  It seems to last years and NO weeds come up thru it.   I removed a bunch of rocks, removed the remaining fabric and put down the plastic weed barrier then put the rocks back.  It’s quite a bit of work, but it should be good to go for a number of years now.


After all the rock was moved back in place with plastic instead of the fabric

After we put the mulch down in other areas of the yard,  the fertilizer and replaced the fabric with plastic we noticed that the A/C compressor was still running!  I figured this indicated a problem so we took a closer look.  There was ice forming on the coolant line!  I have no idea how long it had been running for, but it needed closer inspection.


Ice Growing on the Compressor Line!

I found that the blower motor on the furnace wasn’t running!  This caused air to not move across the AC coil which meant that it just iced up both outside and inside! Who know how long that AC had been running and not shutting off! Good thing we just happened to be working at the property. The tenants were clueless!

I looked up some info on the internet and from previous experience I figured it was the run capacitor.   They are prone to failure, but also are the cheapest/easiest part to replace.  I pulled the capacitor and got a replacement at a local store here in Greeley.  Rick’s Appliance.  The guy who works there/owns it, Rick, is super honest and every time I’ve gone in the store he has been very helpful.  So for $6 I got a new capacitor.


Run Capacitor for the Blower Motor

I got to the house the next day and the ice had melted off the AC parts and I threw in the new capacitor.  Turned the furnace on and….fan still wouldn’t kick on.  The blower motor fan just buzzed.  I did get it to start by pushing it by hand once but it never worked on its own.  I figured the next part to replace was the motor.

Finding HVAC parts is I think, intentionally hard to do online.  It’s as if they have their own club and if you’re not in it, you aren’t going to find what you need online.   They want you to pay someone to fix your stuff. I found a motor at a place near work.  It cost $80 and is a universal Mars motor.  I was a bit skeptical about using an aftermarket part; I almost always want to get a direct original equipment manufacturer (OEM) replacement.  This causes less hassle with things that don’t fit correct or that might have small differences.  In this case however it was nearly impossible and would have cost ~$400.


Blower Motor in the Furnace

I put the motor in, wired it up and turned it on.  Worked like a charm!  It did take my time and $86 total (plus tax) but I learned a lot in the process and I had time to do it.  There was no great rush or pressure since the weather here is between seasons and we don’t need AC or Heat. Estimated cost to hire an HVAC person to do what I did: $500!

And it was quite apparent what had caused the motor to burn out: the furnace filter hadn’t been changed in a year! The filter was all bent and sucked inward. Remember to change your filters often, monthly even, if you use your furnace year-round.


Yep, back in the garage on the floor with my blue shirt on..lol

All in all it was a productive few days.  We saved a lot of money by doing things ourselves and we had the time to do it.  I think I want to turn the old motor from the furnace into an electric wind generator.  We’ll see.  As is I am learning all about furnaces and that’s something I won’t need in Rincon…but it never hurts to learn.

The Honda Civic is small but can hold quite a bit! (removing debris from the yard)

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Spring Stir Crazy: For Sale or Rent

Springtime must make people a little stir crazy for change. We have three of our four rentals with people who have either moved out or are planning on moving out. One of them was just abandoned…again. Another we were told what was going on and they are going to pay rent until we find someone else and the third had his lease come up and gave notice that he is planning on moving. And the fourth house we had someone else move-in with the current tenant! Everyone is moving this year, it seems. Even we feel the pull to move to Puerto Rico!

So…we were going to be putting all our rental properties eventually under a management company anyway before we move to Puerto Rico and figured that this is as good a time as ever to make some of these changes. Our own sort of stir-craziness.

On one of our properties Britton wanted to see how much we could get if we sold it. Last year we thought about selling one in Evans, but the price didn’t make sense; we would actually lose money. But we talked with our real estate agent on this one and she said we definitely had a spread for some profit. So we decided to list it. So far it’s been going pretty good. We have had quite a few people come over for showings. I am a little ambivalent about selling it as it was our first ever house that we owned outright, it’s a very sweet cute house, and we were making pretty good income on it. But I also understand that the cash infusion could really help us in our savings goals. Britton would like to sell just to sort of “clear the slate” and have one less thing to worry about here in Colorado. It was with this one that we really got stressed out over last summer.


Our house that’s for sale

My investment strategy has always been income, with very little emphasis on growth/appreciation, so that is why I really have to just go with the flow on selling one of our “golden gooses” even if it we can make a decent lump sum. It’s hard to want to let it go. We also have never gone through the process of selling a house so this is all a big experience either way (we’ve bought plenty, just never tried to sell anything). We are planning on keeping it on the market for a few weeks and seeing if we get any offers. If we don’t get any by the end of April or early May, we may just rent it out again under a management company with the other two.

We are excited to see how a management company will go and if it will ease some of the stress that occurs mainly when there is tenant turnover. Plus they have all the tools we don’t when it comes to leases, contracts, complaints, evictions, legal matters, etc. I am glad we have  a year to test all of these unknowns out too that way we can adjust and make changes as they come along.

In the meantime we have been interviewing management companies, cleaning, staging and painting houses and signing contracts. It’s a busy time, but I think all this front-end work will pay dividends when we are living down in PR.

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Photo Concepts of Wooden Tropical Houses

It’s kind of fun to start thinking about how the wood house could transform from a sort of scary (no help from bats, bees and a dead lady), dark and stale place to a light, airy, fun and inviting home. But sometimes I need a little help “seeing” the end result. It is for that reason that Britton and I make sketches and I also look for comparables. I found these photos of other wooden houses in the tropics and thought they were really cool. I could totally imagine aspects of these in our house in Rincón.


I like the deck and staircase in this one. Sort of a Swiss-Family Robinson look


I like the nice floors and the white contrast against the wood. I also like the open and light feeling and the ceiling fan would be a must in the current high ceilings of both the living room and the upstairs bedroom/loft


I like the way this looks underneath. Not sure where this would incorporate in with our wooden house though


I like the contrast of the tropical vegetation against the wood. Britton says he would like to paint the house a blue color, but I kind of like the stained wood look found in these pictures.

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