Thursday, March 27, 2008

House is Leased!

One of our financial challenges this year has been making payments on a home we built as a spec in Star, Idaho (a suburb of Boise.)  When we started the investment in the winter of 2006 the market was hot and it seemed that there was no way to loose.  Unfortunately lots of other people had the same idea and the aria got overbuilt and then of course the mortgage market crashed leaving us with a beautiful empty home and large payments.  We have learned that there is no such thing as a "safe" investment because from all angles this appeared to be a great one. We feel so fortunate to finally have it leased out.  This last week Josh and I took a day trip to see the home and make sure everything was worked out with the woman leasing the home.  She is somewhat of a celebrity with a radio talk show she is running from the home.  You may want to check it out at  "Positive talk around the clock."  We are excited about what she is doing with the place and hope that she will be able to buy it within the year.  Following are a few pictures. 

Master Bedroom 

Living Room 

We took a few minutes to stretch our legs in Twin Falls and to see the falls.  Being a native of Idaho I don't believe I have ever seen them.  It was awesome. 

Twin Falls

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