Tag Archives: st. mary’s county

Landlording ain’t for wimps…

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Everyone assumes that when you have rental property you’re making money. That hasn’t exactly been my overall experience, but I accept that it’s the general perception of how things work. Most of the time, the cash flow from the condo in St. Mary’s offsets the giant sucking sound that is the negative cash flow coming out of Memphis. Between the two, I come fairly close to breaking even more months than I don’t. Of course then we have the occasional singularity in which both the condo and the house are sitting vacant at the same time.

That moment you realize it’s about to happen is probably one of the few times in life you’re ever going to seriously consider becoming an arsonist as a valid career option. When you go from happily paying rent and breaking even on everything else to sucking wind on rent plus two mortgages, let’s just say that all the fantastic financial management lessons you’ve learned from Suze Ormond or Dave Ramsey go right the hell out the window. The only thing that matters at that point is how fast you can bring cash in the front door and how fast you can shovel it out the back. It’s not so much a case of planning as it is an exercise in crisis management and triage.

Fortunately, the two leases almost never expire at the same time, but when they do you’d better believe that you’re about to get a serious lesson in why landlording ain’t for wimps.

Rent me…

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One of the really problematic bits of no career being able to keep my attention for more than two or three years is the resulting tendency towards collecting former addresses. As part of my collection, two of these addresses are more than just memories since I’m still nominally responsible for their care, maintenance, and upkeep. I wish I could tell you that being a small time land baron is a profitable endeavor, but as anyone who’s ever done it will probably confirm, most years you’re lucky if you break even.

Which is what leads to posts like this one…

You see, I’m currently in the position of having an unoccupied one bedroom, one bath condo available for rent in St. Mary’s County, Maryland. It’s a 800 square foot, ground level walkout unit featuring a wide covered patio area and a walk in closet/pantry for all you extra storage needs. Your $850 monthly rent includes water, sewer, and trash pick up. With an additional deposit, this unit is both cat and dog friendly.

Centrally located in the Wildewood community, this condo offers easy access to the Patuxent River Naval Air Station, Solomons Island, Leonardtown and all the natural beauty of St. Mary’s County. Our Nation’s capital is within reach if you’re a power commuter. You’re within walking distance of groceries and a less than five minute drive from BJs, Target, and other shopping amenities. Better still, you’ll have ready access to the exciting southern Maryland nightlight offered at the Brass Rail, the Green Door, and Solomons’ historic Tiki Bar.

This opportunity won’t last forever, so act now before it passed you by and someone else is living the life you want in the condo you deserve.