Back on land after 22 DAYS AT SEA - reflecting on my past & current financial choices.

I would evict the tenant. Regularly late on rent, and has an unofficial house mate.
He doesn't get to dictate this situation.

Welcome back

Welcome back Rachel!

Glad to see you back, Rachel! Everything will work out! Thanks for the peaceful video. Many blessings!

Yey, you're back 🙌

Oh gosh! That tenant sucks. What a leach!

He seems like a schemer, so I'd definitely start the eviction process NOW. I want to point out that that the exchange only applies to another rental property, so you can't buy your own land using that money and avoid paying tax and depreciation. Does that makes sense? Love the idea of you getting land and building a little house on it! I am sure you will do tons of research to figure out how all the set up is there for what they require for setting up access to land and utilities and what you can build.

I am sorry, I had to stop watching at 15 minutes. It was all complaining. Why do you pick a job that you hate virtually all about it. Sleeping arrangements, noise, being around people. You even found a way to complain about the food that you started out with was great. Try to be positive without adding negative to a positive thought. Life would be so much better for you!

Welcome back 🙂

Rachel you should buy a duplex and house hack. Be very thorough with you tenant screening and make a good lease agreement. It worked out pretty well for me. Buy local in a market you know well. Like where your family lives!

Does anyone think it's shady, that the agent that's attempting to sell the house is the same person that put the tenant in the house?

Welcome back

Omg the dolphins! 😍🐬

I'm glad you made a bunch of money on the boat.

So glad you got all of your sea days, you seem much happier and sounds like life is going well for you now 🌞

It is time to evict him.

Totally agree with you about the real estate situation. I thought about pursuing it myself because I know how financially powerful it can be. But more important than that, is having peace of mind. And at the end of the day, there’s too much that would be out of my control as a landlord. It’s just not worth the stress!

I think you should get a new Tenant and raise the rent.

I think your plan sounds lovely! You will be in your element having your own piece of land to do whatever with 😊

!!

From one landlady to another-evict now. Don’t negotiate, don’t pay him, just evict. He is a definite con artist. Obviously do what’s right for you but personally I wouldn’t pay him a penny to move. Bad renters are a nightmare and my thoughts and good juju are w/you all the way🥰❤️

Hi Rachel, would you consider living in a camper on your land until you’re ready to build?

I will say that it sounds like the property management company did a crappy job of vetting him. There is no way that they ran his credit and it showed that he pays bills on time or checked any of his previous rentals. It would be very odd, if he always paid on time and then magically did a 180. Hope you get rid of him FAST!

I can totally see you house hacking. Where you buy a duplex, fix it up, and rent one side and live in the other. The renter would pay for most of the mortgage.

Tenant is likely a scammer.... eviction can mean free living for a period...

Glad you had a successful month at sea. Sorry about your tenant-scammer. Great idea to sell the house and buy a piece of land. Will open up so many affordable housing possibilities: campsite, trailer, tiny house, prefab or modular home, etc. Take your time to research.

Have you thought about leveraging your degree in a way that could earn you money and still offer you freedom? I could totally see you designing and managing an outdoor education, private outfitter, ecotourism business or similar endeavor. You could work on design and content in the winter months or downtime, and set a schedule for season that works for you. I’m sure you could work with existing captains to offer boutique 1:1 education services. You could even target young adults wanting to pursue a degree similar to yours for a “hands on” mock scientific experience. It certainly would have been something I would have loved as a teen. Just a random thought…

Welcome back! Good to see more sea days! 🌊 🦭 ⛵️

I also enjoy the quiet life. Well done on surviving 22 days. My brain would have been fried!

I'd chuck that guy out of your house. He's subletting for profit and against the contract, and still can't pay his rent on time!?!?!? He's untrustworthy. If he's refused the cash for keys he's not going to go without a fight. You don't need that kind of worry in your life. You've given him a million chances. It's tIme to get tough.

I have always thought rental properties would be a great way to make money, but it your situation is one of the main reasons that we haven’t pursued it 😫 sorry that you are dealing with that!

It sounds like this dude lives on expecting people not to file for formal eviction. You have evidence of a roommate and extra funds he is receiving and he doesn’t want the cash to leave because he would make more staying. The system is not right for people like that versus a struggling person living there.

We bought land and then put a manufactured home on it, some people disagree about them; however, we’re mid 30s and completely debt free. It gives you tons of peace and freedom. ❤

You might not even need to 1031 exchange if your income is low enough. Curious if you’d be at the 0% capital gains rate

Evict the tenant. He sounds like a gambler based on his income and shady ethics with the roommate.

Welcome back. The dolphins looked amazing. I can’t believe your tenant. Definitely get rid of him. He has already got the money by not paying the rent and sub-letting your property. Can you not immediately evict because he broke the contract? Keeping you in my thoughts and prayers that you get rid of him asap. Getting a piece of land sounds like a great plan. Have a great week catching up on sleep, spending time with your cats and walking. 🙇‍♀️👏💪👍🤞🙏💐🐈‍⬛🐈

Glad to see you. Sending positive vibes he sounds like he has played this game before. Sounds like he’s not going to be easy to get rid of even to sell. I ❤’d seeing the dolphins 🐬

So im a dietitian and its the same with weight loss as is it with the situation you had on the boat . People have addictions like spending and overeating my patients complain they cant lose weight but eat crap and wont change ya know soooo happy that you’re selling the rental and I sold my condo. It was the best decision I made. I could’ve made a lot of money renting it out, but it would’ve been a headache.

One thing I learned being a landlord is give them a 30 day notice as soon as they are late. If they are not paid up in 30 days I file on them. I learned the hard way and lost thousands.

I have had my properties for three to four years and they are starting to be profitable. I understand you’re selling the property. I have a buyer in the city with your property. Network and get the quick sale.

Sorry about your renter. Get out! He must go now. Rental income is great with a reliable renter.

I am really grateful for you sharing your thoughts. It helps me to think a different life for me is possible.

Evict him asap. Don't pay him a penny. He broke the contract. Go after him for all unpaid rent through the proper channels.