So, no one has guessed the right bedrooms and baths yet…..
Want a better picture to get an idea?
The story behind the beach house.
We have had this beach house for about 8 years. We own it with another couple. We are fortunate to be able to have a joint ownership with no “real” snags. They are a great couple.
Looking at this you would think…..dang…she is lucky, right?
Well, the story behind the story.
I was wondering about really going here but I know that sometimes you HAVE to know it isn’t all “magazine” in real life. I have shared those stories with you before on “Because it is true”….so here you go again.
The short version.
When I divorced, this rental and another mountain rental were plopped in my lap. The mountain rental mortgage had not been paid. I didn’t know it and it killed me and my credit. It was only financed in my name…..
When they were plopped to me…they were only given because they were negative assets.
My ex-spouse had handled it all online, created the reservations systems, handled the accounting etc. I had no clue what to do. At all.
The mountain cabin rental incomes were taken, the debts not paid and I felt panic deep inside my bones.
Our partners in this house needed things to stay the same……..they didn’t need their boat rocked just because mine was going under….
It fortunately wasn’t in my name, so the mortgage had been paid.
And there you go……I had to handle both.
And I had no clue what I was doing.
But I learned.
I sold our beautiful log cabin in the mountains through a short sale. It was so tough and humbling. Time will heal my credit but the knowledge I gained in running both rental units was priceless. I decided to take that negative, devastating experience and use it to make this asset stronger.
And guess what?
This one is now leaning over “almost” into the positive now.
A slight lean.
Why even tell you all that?
Because the DIY stuff in me runs deeper than fixing up my house.
It kept me from giving up when I felt emotionally, financially and physically drained.
I didn’t want these two assets.
They were negative and I couldn’t afford them.
But I had no choice.
But I knew that I had a “choice” on how I reacted to what I had been given.
I wanted my children to learn that although the circumstances were not what we needed or wanted….we could “choose” to give up or not.
And I decided to not give up.
And I didn’t.
Because of that choice…. for the first time since my divorce we stayed in this beach house with my whole family this past week. It is the closest that I have had to “truly enjoying” this asset.
It was a healing time….in more ways than one.
This isn’t a fairytale.
It’s a YouAreTalkingTooMuch.com tale…..
It’s real life.
So, the story isn’t over.
I still have a far way to go in renting this unit out.
I am now trying to learn how to target the golfers that come to our area.
Then I can figure out how to get a bunch of golfers to stay in our house.
We “choose” how we react to the circumstances that we have been dealt.
Short sales can be victories or defeat.
Negative assets can be an education or a loss.
Beach house’s can be “un-shabby” and still be blogged about, at least here they can.
And I will tell you all about it when it happens…..
Because it is true.
So, all that to say……
Do you ever get tired of me not pretending it is always pretty in my life?
Should I stick to pretty?
I think not.
I will show you more tomorrow.
Anyone see my cute, red CL sleeper sofa in the pic’s? How about my Goodwill woven end table/ottoman?
I have a lot to show you!
Besides, I can’t let you off the hook that easy…..no one has guessed how many bedrooms and baths yet.