Packing to move to Maine, low rental income, apartment hunting & job updates. garden chat 🌱
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- Опубликовано: 31 июл 2024
- Time to start packing!!😄 I cannot wait to move to Maine, but the apartment hunting has been yuck. I do have good news about the move, which should involve saving a LOT of money.🤞 Let's get caught up.🙂
00:00 moving updates
05:37 job updates
10:07 packing
10:38 change of plans
13:41 I can work tomorrow!
15:50 garden chat - how work went
24:35 answering your questions
30:05 more vlogs?
32:38 finding contract work
33:58 low rental income?
37:45 buying another property?
39:18 picking fruit in a food forest
Debt paid off to date: $143,849.31 ($99,978.42 in principal, the rest in interest) 😮💨
Hello!👋 If you're new here, my name is Rachel. I'm a millennial with lots of student loan debt.💰 I'm here to share my story as I push for financial independence and debt pay-down in hopes of inspiring others to feel that there's hope to get out from under their debt and take their life and finances back! If you need a little boost of motivation, you can subscribe for weekly videos.
💖Venmo @Rachel-Hickey-20
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I hope you love Maine. I and a Mainer and have lived here my entire life.
Hi Rachel- I had to chime in real quick on your rental property......If you are receiving $600 cash flow per month on the rental....you are winning! That is very good. Be careful with a "pain in the ass" tenant. I have had them too. Here is an good strategy to consider......They need to understand that paying late impacts you too. We all have bills to pay. Therefore raise the rent by $100 and offer a "$100 discount" for paying ON TIME. Draw up an ammended lease when the time comes and make it clear. For example...rent is $1100 if paid by the 15th. If they pay by the 1st of the month...only $1000!, If rent is not paid by the 15th, it is considered delinquent and start the eviction process. Obviously consult with an attorney as needed for the specific state. Just something to consider from a guy on the internet:) One of my uncles gave me this advice a few years ago and he found this to be very successful with his rentals in Florida.
Jeff
I have rental property in Bentonville Arkansas.. One of my renters is a waitress in an outside event. I checked the weather. It is going to be 98° all 3 nights of the weekend and that does not include the humidity.. I called her up and reduced her rent by a $150 for this month off of the $250 rent.. I subsidized her rent because she's a great referral from the church. I know she's not going to make very much money that weekend. I want to treat her as though I would want to be treated. I paid cash for the property and so I can be flexible. She is a great renter She kept the house warm and the water running full blast at my request during the Arctic blast last winter so that I didn't have frozen pipes.. I want her to stay.
@@Joce123 very nice!
That's a great structure! I am going to keep this in mind for the future. Once the lease renews, I will be much more involved with outlining the terms of the lease.😓
I've always wanted to move to Maine. It looks so beautiful up there. It's affordable in Omaha. That's why I moved here.
Parents are such a blessing. Family helps family!!! The way it should be.
I am 100% down for garden/outdoor day vlogs. Something that I can put in the background and glance at while I clean my apartment is great.
Thank you for saying so!!!✨
I like to think of the people I follow as friends. I tune in to see how things are going. This is real life and you are sharing it with me like a friend. We all have ups and down’s. The great thing about you Rachel is that you are thinking and trying to come up with solutions. You are an inspiration as you work your way through this puzzle of life. I know you will have a positive outcome because it is what you are manifesting. Keep posting. Love listening.
Beautifully said and I feel the same way. You've got this Rachel ❤
Agreed. I CAN not express myself so well, cuz english is not my 1st language. But 100% agree. She is like an old friend.
Oh my gosh!!!! Thank you so much for this comment! This is 100% how I feel and TOTALLY the reason I have this channel. Thank you SO much for being here.💖
I hope everything will go well☺️
Put it in the barn !! Yes !!. I just helped s friend clean stuff out of her son’s storage unit that he paid for for 2 years. Everything was moldy and needed to be thrown out. Everything was junk . He could have saved 1,400.00
I have roots in Gloucester, family loves Maine, I wish you well!
I am. Maine girl born and raised. It's really a wonderful state. Housing is less expensive than many other places. Still over priced but I wish you the best and can help with Maine questions you may have. I am now in 3rd home here.
as i know mental health is something you really care about, i would steer clear of using “bipolar” as an adjective.
good luck with the move!
Check into Task Rabbit if you just need someone to help you load.
Where in Maine? I live in Maine....northern Maine. I lived in Southern Maine for 20 years and just moved back to northern.... Presque Isle Maine. I was able to afford to purchase a 3 bedroom house , 2 bath farm house in downtown presque isle, with a 2 story garage /barn and a large basement and yard for only 160k. I put alot down and have onky a $850 / month mortgage. Rent an apartment downstate would have cost me $3k/month ..... even up here rents are over $1k a month for a bedroom. I'm grateful
I moved last November ... best thing I did for a long time... so much happier in a house I own... the stress of constant packing and moving .... I moved with my 94 yard old mom with me and my cat. Also change to a remote work from home job with the company I have been with for 22 yeara
That's so wonderful! I'm happy to hear how well things have worked out. It's beautiful up there. I will be in central Maine. I am hoping to have a similar story to yours very soon.😊
Go to home depot and hire some guys!
Ive been in your position too many times. Gosh I hope things look up for you.
I higher school kids to move stuff even at $20 each it's cheaper than adults.
Good luck with everything rachel i know with time everything will happen for a reason. $650 cash flow on one unit is awesome. Im striving for that as well if my tenant would only pay i just sent the notice to quit so lets see if they pay or move , the whole process just sucks. Hopefully the job either gets better for you or find a better opportunity in maine. Im glad you have family to lean on in this time. I agree too im enjoying watching people who have real lives not this overly edited smoke and mirrors show some people put on. Its like catching up with a friend.
I'm so sorry you're having to deal with that!😕 I'm wishing you a positive outcome and hopefully a swift process.🤞 Hang in there! Thank you for being here and for the kind words of support!✨
Great longer style vlog type content! Definitely will watch how your day goes ! And, wow, your brother has awesome food forest, what a gardening family
Think it as a journey.
Rachel ❤
Sorry you are getting derailed on this new job and the move. You have good support with your family, so keep that positive in focus. On the cancellations, It is very early in the month, and a holiday hit. So sending good vibes that there will be fewer cancellations for the remainder of the month and you can get your 12 days in.
On the sea sickness, both my dad and my husband get bad sea sickness on open waters. Dad said it was months for him to get his “sea legs” that was when he served in the navy during war time, and no dramamine.
My husband never had luck with dramamine. At best it took the edge off, but he got a prescription for a scopolamine patch from his doctor that did the trick and no drowsiness. It goes on behind your ear, 4 hours before you go to sea. A second patch replaces the first after 24 hours so a total of 48 hours for a longer trip.
He could get two 24 hour trips on one prescription fill. If you can swing it, this might be an option for you to look into! Not too pricy either!
Check task Rabbit sometimes you can just get an individual or two for an hour and at a cheaper rate
I hope things move in a more positive direction after you've had some downtime and are able to recenter yourself. Will you still be looking to continue with similar work or maybe try to find a farmhand type position in Maine? I know you'd really looked forward to that opportunity last time though it didn't work out.
Thank you! I'm not sure what I will find, but I'm pretty open to just about anything.
Welcome to Maine! Are you moving to southern or central Maine area?
Peppermints help with nausea.
This is a tough state to live in. Maine is extremely expensive.
Sounds like you need a different type of job....something more dependable.
Keep the house if you can.
Do you think this job is going to pan out. The sitting around waiting is one thing, but the lack of income because of it, is an issue.
I don't know. July is the first full "test" month. I told myself I would give it a few months to see how things go.
After 2 years of working a 'for now' job (though a more stable job than your current one), I was offered a job in my field today! :D
It took a long while and brought up so many emotions, but I'm so happy to see the other side now.
YAYYY!!!!👏 Congratulations, that's amazing!!
I love watching your videos! I watch them all, sometimes more than once. Totally here for whatever your content is.
Thank you SO much!❤️
I would watch you going about your day. Show us Maine. Give the appartment hunting a rest and focus on moving and gig work. I am also watching gig worker vlogs.
Thank you for saying so!!✨
You sound depressed and not sure a vlog is the answer to your problems. Maybe a job counselor? A professional therapist to get your thoughts organized and get you on to a better path?
yeah - your missing the late fee charge on the Tennant - why dont you look into auto payment initiated on your end or management company ??
I do have a management company. They have charged him a late fee every month. Unfortunately, the management company keeps 100% of the late fee so I don't receive any of it, but it's happening.
I’m so confused what do you do on the boat for work? Sorry if it’s a silly question
Not a silly question! I'm a fisheries observer for the commercial fishing industry.
Great news you can store everything in the barn. Sorry to hear the trip didn’t go so well. It’s a pity the other job was gone too. Delighted to see you so contented gardening. Omg you are right beside the woods. Is there anyway you could buy a site at the woods and build a log cabin for yourself? I think your rental cash flow is great considering all the bills are paid and that’s 100% yours. Wow your brothers garden is amazing. Have a great week. Mary, Joes wife 🙇♀️👏💪🙏💐🐈🐈⬛
Hi ya....what part of Maine? Here on the mid-coast, and I actually know of a few good rentals available in early fall.
I'm thinking central/Western Maine, just for proximity to work opportunities. But I will see where employment takes me! I will keep this in mind, thank you!
@@its.rachel.hickey Gotcha. Best of luck. My wife and I watch your videos on occasion, and like your vibe. Rooting for ya! If you ever find anything interesting in the Belfast/Camden/Rockland area, I'd be happy to trade contact info. I manage a property that includes an apartment you would find enticing.
a new landlord is not going to want someone whose work is an unreliable income source.
You didn’t mention that you have to pay for property taxes and homeowners insurance on your rental property.
You need to take other work.
Maybe try a different job. This one doesn’t seem to be a good fit.
Hey there, I just came across your page. I read your description and I was wondering what do you have your college degree in? And are you working in that field?
She’s a marine biologist.
I do!☺️🐟
Could you possibly live in your Kansas City rental and work as a chemist?
Possibly, but I know I wouldn't be happy there.
As you are not hitting your 12 days a month. I would contact unemployment again. They may be able to help provide income to bridge the gap. A lot of people when companies reduce hours on staff they can get partial unemployment.
yes very smart - - also do it in MA - the rates of unemployment weekly are very high > 1K/ week
Do any of your relatives have a piece of land, perhaps, that you could carve out in some meaningful manner (legally, ideally), put a tiny house on? :D PS - RE the real estate profit: that's a good ROI on the rental, I'm sure. You can examine it also for the Return on Equity concept if you want to think of it that way, if you're considering shifting it to something else. People who don't see that as good profit just don't know about the whole story and don't understand rentals.
Yes, there is that option! Unfortunately, it's in my hometown, where I do NOT want to be. But that's okay! Tiny houses are quite accepted up here. I my find a cheap piece of land and a used tiny house and go that option for a while (which I would totally LOVE)! Luckily, there are options in my price range the further north I go.😄
The cash flow is great! However, you need a lot of money for a downpayment. to buy a home for you. How are you going to navigate that with a low salary that is not stable? Set job alerts and look for another job. When your job makes you sick, it is time to go. They did a bait and switch on you. They knew you would not have a choice but to take longer trips to make money..
I do have a big downpayment saved. But yes, the lower income will hurt but I am hopeful it will still be enough. I am looking for something in a very low budget range.
Love the idea of a Vlog, I watch one girl and she does one budgeting video and one vlog once a week. Love the lake, do you kayak?
I love that!! And yes, I really like kayaking ☺️
I get sea sick and there is a patch called scopolamine that is good for 72 hours. You can find a tele health pharmacy online and get them prescribed. They run 40-50 dollars for three patches and that might help you if you wanted to try an over night trip again.
The patches are the only thing that work for me too!
@@its.rachel.hickey I had always taken dramamine growing up and would still get really sick. And then I had a small surgery in 2020 and I also get notoriously sick after waken up form that and the
Anesthesiologist talked to me before and said that it was likely caused by motion sickness and he would give me a patch and it was the first time ever I woke up from surgery being able to keep food down. Talk about a life changing patch.
Everyone's in the same boat. Lol
It’s cheaper to live in Maine I heard
It can be, or it can be crazy! Depends on what part of the state you're looking at.
Hmm… me thinks you heard wrong
The fact you heard that woodpecker points to presence even with your stream of consciousness going- oh the false mind-lugging it around is a dreadful state. Keep,it simple. Easy does it-people are watching that care. Breathe and feel those feelings as Grace is right below them. I didn’t hear where you are moving from to get here? Challenge the notion you need to work. Who would you be without that thought? Just be and breathe and stop trying to fix anything. Drink some water and easy does it. The Universe is kind and nothing is being done to us yet for us. I feel you and hear you 🙏🏻
If you have your masters degree, could you consider teaching biology at a community college? Or a Private high school that typically has more resources and pays higher than public schools? It seems your current job is not reliable and not aligned with your needs at this stage in life. Wish you well.
Thank you! Unfortunately, teaching is not for me. I wish it was, I could probably have a job right away but oh well!
I'm interested in more videos. 😊Really like the outdoor settings, as I'm stuck inside all day at a computer. Maybe a video from a boat? Have you thought of starting a channel to teach kids about marine biology? Regarding the investment property, seems like you made a wise decision, for all of the reasons you mentioned, and the net income seems correct. Wish I had thought to do something like that. Hope work picks up for you!
Thank you!! I had not thought about another channel. Maybe I will keep it in my back pocket for the future.
I used to be a gig driver until I realized that they toggle drivers. The orders are assigned based on averages, so you cannot make more than $100 a day. I live in Palm Springs. When the apps first got here there was no cap. I could make $1k in a week easily. Now they toggle our earnings. I stopped driving because it was better for me just to apply for a promotion at my full-time job. It was a great experience but stay on target. 💖
In Bismark North Dakota you can make $400 a day or in Minneapolis. You can make $500 a day.
Oh wow, I did not know that! Thank you for the info!! Kind of bummer. But I suppose even just a little extra is still helpful! I'm glad the promotion worked out better!
I am making much less per door, but I have many more doors and a lower cost of living where I am I. You are aft to a great start. Much better start than I did when I started. Part of deal is hanging in there and building a portfolio
Thank you Darrell!
Watching and sending support.
You're doing fine with your $45k investment. Just be sure you have annual rent increases and don't tolerate the tenant being late on the regular.
Hello from Maine!
Im in Maine, too!
@@nikkivenable73 Hey hey!!
YESSSS Maine!!👏
$643 is an excellent cash flow amount! The average ive heard is $250-350. Maybe the haters are talking about paid off houses?
I only buy rental properties that I rent out to a handyman -and only a handyman. I pay cash for my properties..I get the places in Iowa and Arkansas I paid $18,000 to $25,000 for a place. About 600 sq ft in size
Hi. So your rental property is $1,000 not $600. That is why they thought it was low;)
Woohoo a nice long one!!!!❤❤❤❤❤❤
We had a hurricane going on and I think this played a role on the water being tumultuous.
Certainly could have been!
Just wanted to comment as I watch -
Hell yes more vlogs more happiness for me more money for you😂😂😂 win win
Oh my gosh, thank you!!!💖
Love that plant pic on the wall where did you get it?
Thank you! I actually made it using wallpaper, foam board and wood trim 😃
@@its.rachel.hickey love it
I’ll recommend a channel I think you’d love- it’s called “Roaming Wild Rosie” She’s a single, hiker/stealth camper who bought a fixer upper cabin in Sweden for like, $35k, and she’s been renovating the thing. BY HERSELF. With no car. She’s absolutely amazing and inspiring, and her videography is soooo good!
i love rRosiee too
In Sweden you don’t need a car) it is just an unnecessary remark
GIRLLL!!! I love Rosie!! She is the first video on my Sunday morning line-up!😄
Can’t help feeling how at home you looked in this environment. This is your destiny! Return on investment is more important than the actual amount of income. I hope and pray that this lifestyle is possible in your near future xxx
Thank you SO much Julie!!❤️
I know that your will land on your feet. You may not know it, but you have amazing income from the rental property
Wow, sounds like you have a lot on your plate, and the thing is, here from my perspective, you are trying to fix it all at the same time --you are not super human woman! Non of us is. Seems to me you need to focus on one thing at a time. That's what I would do. Otherwise, you are going to get totally stressed out and that will make you sick. So, First, take good care of yourself. Eat right, and get plenty of rest, stay hydrated, and make sure you take time to just sit quietly under a tree and relax your mind. That is, try not to think about anything, just observe the nature and the sounds around you. You can do this for about 10 minutes 2 or 3 times a day. Second, focus on moving and organizing you stuff. You are very lucky to have family around to support you so take advantage of that gift the universe is giving you. It's ok to accept this gift and don't worry. Give yourself a timeline to get all of your stuff organized and stored at your aunts house, and once you are done with that, it is one less thing to worry about. Also, now you are ready to take on the second major task --finding a job. You have two major, very huge things going on in your life right now and it's obvious that you are so stressed. It breaks my heart. You don't have to do this to yourself. So, I hope this will help you. Breath, relax, enjoy your kitties and your dad and your aunt. Enjoy the moment and those things that are in front of you right now. I hope you don't mind my intrusion.
It makes absolutely no sense to me that you have an apartment (with a mortgage but I’m assuming some equity) and savings for another investment property, when you can’t find a place to live. Get yourself a condo in Maine. Sure it’s not going to be like what you’re accustomed to and like your parents have - a house on the water but that’s like 1% of the population to be so privileged. Don’t feel bad about it! You’ve accomplished and saved a lot! Use the money to buy a place you like! You are on track for something great!
Thank you!!
I'm 52, living alone and often feel like I'm struggling. I really appreciate your candor and honesty, we will get through what life throws us ❤️ You're blessed to have family, I don't but I have Jesus ❤ I pray for a better job for you!
hang in there - i am praying for you
@@gurrrrlish that's so kind, God bless you!
@@dotsonms Jesus and cats. A great pair! ruclips.net/video/v_60HqnD42E/видео.htmlsi=l54yyT7Z11xDbaOJ
Thank you SO much for such kind words!!❤️ Sending you positivity and strength as well!
Are you paying to break a lease?
Yes she's already said
Yes, I did
I know this is hard for you with your cats. Maine seems lovely. Im downsizing i dont want my things Own me
Agreed!!
That $600+ rental income is great! Especially when that’s after paying the mortgage. My guess is people making comments on that being low don’t understand the full benefits you reap, especially appreciation and depreciation. Sure, appreciation only matters if/when you sell, but depreciation helps shield some of that income from taxes every year. Of course, you’ll pay depreciation recapture taxes if/when you sell, but any net positive amount so early in your ownership journey is terrific!
If you do choose to buy a place instead of renting again, keep the idea of it becoming a rental one day in the back of your mind during your search. That’s if you can’t find a duplex or triplex that you can house hack.
Sending good vibes for the move and the job.
I used to have a dog that would try to eat cats, we just slowly introduced the cats to the dog and he would leave them alone after a while, dogs are trainable for sure.
Ive never done insta cart but I’ve done doordash, it’s really chill but it is super area dependent. If your area isn’t very busy then there’s no point in really doing it. Also between gas and west and tear you aren’t really making that much money, especially if you get the commercial car insurance, which legally you’re supposed to. Because if you get in a crash and don’t have it and they find out you’re doordashing or insta carting they won’t cover it. Commercial insurance will probably double your current insurance, that was the quote I got for it.
Sorry to keep making this comment super long but I think 650 for a rental property is amazing cash flow I wish I could buy that house.
RE: the cash flow on the home: I think if you're an "investor" and you're buying 600K properties and have a lot of maintenance, repairs and other costs, I guess I could see how someone would think that would easily get eaten up. I think $600 a month passive income is excellent! I'm currently making about $300/month on my savings each month, which really helps. I'm a divorced mom of 2, so I'm trying to maximize all I can.
I watch Door Dash videos on RUclips and they are making money.
Good to hear!
I'd spend a few hundred on movers for the heavy lifting. Save your backs yo
Sounds like its not the right job for you. I think it used to be a better fit. You've changed and the times have changed.
Get those fishermen to help you.
You're too old to live with your family.
Why, that is what family is for. You have been brainwashed to believe family is bad.
That is exactly why Americans will never solve problems with mental health , generational wealth and homelessness
Couldn't disagree more.
Would you rather rely on a partner in life or your strong, feminist independence. I can't help but feel that there's a loneliness about you that your cats can't even fill. I think feminism has done women such a disservice and women are beginning to realize it. Biology is tough to fight against. My wife and I since we met at 20 years old have been lovers and partners. Accented each other. Had each other's back through sickness and health. Went from owning nothing to millionaires. We did it together though. You're an attractive woman so, why no partner to share your life with? Just curious! Great video here: ruclips.net/video/v_60HqnD42E/видео.htmlsi=l54yyT7Z11xDbaOJ
Please don't kick her when she's down, things are hard enough at the moment for her, without your unnecessary comments.
Your returning comment is getting old! 😂 😂 @vallejo.....
Not everyone finds their soul mate. There are many paths in life, not just the one you have been on!
Whhhyyyyyy do you keep assuming I’m proactively trying to be single?? That’s an absolutely disgusting assumption that I’m doing everything on my own because I have some weird need to prove a point or I’m some diehard feminist. STOP. Just because I don’t talk about dating or being single doesn’t mean I’m TRYING to be. In fact, it’s a deeply painful topic for me. I’m SO happy you and your wife found each other and live in emotional support bliss, I’m truly so happy for you. But some people struggle to find a partner. Just because they don’t talk about it doesn’t mean it’s not a thing that’s on their mind.
I have been w/my husband for 33 years and am all for marriage. But DANG... you are a total tool for assuming anything about this woman and know nothing about HER story or background in relationships. Seriously, Karma is going to come back and haunt you for being so smug. You would NOT say that to a person/stranger IRL. You would be having your teeth handed to you in a ziplock baggie saying such crap if this wasnt anything but keyboard bravado....
You didn’t mention that you have to pay for property taxes and homeowners insurance on your rental property.
I think these are standard expenses for any structure.