Peakster's House Efficiency - Page 4

Peakster · 05-17-10, 10:21 PM

Here's what April's bills were:

Natural Gas - $89.23
Electricity - $36.64
Water - $49.92

Other expenses:

Cable/WiFi - $76.90
Telephone - $57.35
Insurance - $24.50
Condo Fees - $125.00
Property Tax - $106.69
Debt Interest - $438.48

Total April '10 Housing Costs: $1,004.71

Rent collection from roommates: $975.00

Monthly Deficit: $29.71

-------------------------------------------------------------

Well it's getting hot outside so I just moved back into the basement and I'm renting out all 3 rooms upstairs again. I'm working hastily on paying off my borrowed money for the renovations (the new windows look great and seal much nicer!) Month of May should bring in $1,540/month in rental income and I'm moving to full time employment again this summer

Peakster · 06-16-10, 04:38 PM

Here's what May's bills were:

Natural Gas - $45.32
Electricity - $59.44
Water - $42.07

Other expenses:

Cable/WiFi - $79.10
Telephone - $44.91
Insurance - $24.50
Condo Fees - $125.00
Property Tax - $106.69
Debt Interest - $446.81

Total May '10 Housing Costs: $973.84

Rent collection from roommates: $1,540.00

Monthly Surplus: $566.16

-------------------------------------------------------------

The bills are decreasing due to the summer months. Property taxes went up a bit as well as insurance as they typically do. The prime interest rate in Canada went up by 0.25% so there was a small increase in borrowing costs. I'm in the midst of attempting to refinance my mortgage with the renovation debt so I'll keep you informed

07-11-10, 10:55 PM

The cam gear pump works fine for filtered WVO or used motor oil Babington heaters and I have installed it on my Babington style heaters.

07-11-10, 10:57 PM

The only thing about the cam gear pump is that the

07-11-10, 10:58 PM

fire kind of pulses as the cam gear rotates. If you use the spur gear pump that is LDU's stock

07-11-10, 10:58 PM

LDU Company also has other parts that I use for building my waste oil burners,

07-11-10, 11:02 PM

like gear reduction motors. I find it best to turn the pump slower because you really don't need a whole lot of oil dripping on the atomizer ball.

Peakster · 07-15-10, 06:58 PM

Here's what June's bills were like:

Natural Gas - $32.60
Electricity - $60.39
Water - $41.20

Other expenses:

Cable/WiFi - $32.17
Telephone - $81.55
Insurance - $24.50
Condo Fees - $125.00
Property Tax - $109.26
Debt Interest - $383.83

Total June '10 Housing Costs: $890.50

Rent collection from roommates: $1,540.00

Monthly Surplus: $649.50

--------------------------------------------------------------

Well I'm happy to announce that I refinanced my debts together with the mortgage so my total debt interest took a tumble (and will stay low for the next 3 years at least). Other than my roommate using my cell phone a lot this month & my property taxes inching up, things are have worked out beautifully!

Daox · 07-16-10, 07:06 AM

Thats great news Peakster. I'm in the same boat you are. We're also refinancing to get a lower interest rate. I'm going from 6.75% down to 4.25%. I'm also dropping from a 30 year to a 20 year, getting rid of PMI insurance, and the payment is still $70 less a month!

Peakster · 07-16-10, 03:16 PM

The power of refinance is awesome! I had line of credit debt that was going to shoot up in interest rate if I leave my job (which I'm planning on doing), so I had them paid out with the mortgage and closed them completely.

In my case I went with a 3 year fixed at 3.50% (my original mortgage was 4.39% fixed for 3 years 9 months), went from a 33 year amortization to 25 and now I just have one debt to worry about. With the extra cash-flow I'm stuffing the extra cash into savings and it feels good!

05-17-10, 10:21 PM	#31
Peakster Apprentice EcoRenovator Join Date: Feb 2009 Location: Regina Saskatchewan Canada Posts: 146 Thanks: 0 Thanked 22 Times in 21 Posts	Here's what April's bills were: Natural Gas - $89.23 Electricity - $36.64 Water - $49.92 Other expenses: Cable/WiFi - $76.90 Telephone - $57.35 Insurance - $24.50 Condo Fees - $125.00 Property Tax - $106.69 Debt Interest - $438.48 Total April '10 Housing Costs: $1,004.71 Rent collection from roommates: $975.00 Monthly Deficit: $29.71 ------------------------------------------------------------- Well it's getting hot outside so I just moved back into the basement and I'm renting out all 3 rooms upstairs again. I'm working hastily on paying off my borrowed money for the renovations (the new windows look great and seal much nicer!) Month of May should bring in $1,540/month in rental income and I'm moving to full time employment again this summer Last edited by Peakster; 01-27-11 at 12:44 AM.. Reason: correction for increased insurance

07-11-10, 10:55 PM	#33
StickyDrumGuy Guest Posts: n/a	Babington style waste oil heater pumps The cam gear pump works fine for filtered WVO or used motor oil Babington heaters and I have installed it on my Babington style heaters.

07-15-10, 06:58 PM	#38
Peakster Apprentice EcoRenovator Join Date: Feb 2009 Location: Regina Saskatchewan Canada Posts: 146 Thanks: 0 Thanked 22 Times in 21 Posts	Refinance went through! Here's what June's bills were like: Natural Gas - $32.60 Electricity - $60.39 Water - $41.20 Other expenses: Cable/WiFi - $32.17 Telephone - $81.55 Insurance - $24.50 Condo Fees - $125.00 Property Tax - $109.26 Debt Interest - $383.83 Total June '10 Housing Costs: $890.50 Rent collection from roommates: $1,540.00 Monthly Surplus: $649.50 -------------------------------------------------------------- Well I'm happy to announce that I refinanced my debts together with the mortgage so my total debt interest took a tumble (and will stay low for the next 3 years at least). Other than my roommate using my cell phone a lot this month & my property taxes inching up, things are have worked out beautifully! Last edited by Peakster; 01-27-11 at 12:45 AM..

07-16-10, 07:06 AM	#39
Daox Administrator Join Date: Aug 2008 Location: Germantown, WI Posts: 5,525 Thanks: 1,162 Thanked 374 Times in 305 Posts	Thats great news Peakster. I'm in the same boat you are. We're also refinancing to get a lower interest rate. I'm going from 6.75% down to 4.25%. I'm also dropping from a 30 year to a 20 year, getting rid of PMI insurance, and the payment is still $70 less a month! __________________ Current project - To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts. To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts. & To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.

07-16-10, 03:16 PM	#40
Peakster Apprentice EcoRenovator Join Date: Feb 2009 Location: Regina Saskatchewan Canada Posts: 146 Thanks: 0 Thanked 22 Times in 21 Posts	The power of refinance is awesome! I had line of credit debt that was going to shoot up in interest rate if I leave my job (which I'm planning on doing), so I had them paid out with the mortgage and closed them completely. In my case I went with a 3 year fixed at 3.50% (my original mortgage was 4.39% fixed for 3 years 9 months), went from a 33 year amortization to 25 and now I just have one debt to worry about. With the extra cash-flow I'm stuffing the extra cash into savings and it feels good! Last edited by Peakster; 07-16-10 at 03:26 PM..

06-16-10, 04:38 PM	#32
Peakster Apprentice EcoRenovator Join Date: Feb 2009 Location: Regina Saskatchewan Canada Posts: 146 Thanks: 0 Thanked 22 Times in 21 Posts	Here's what May's bills were: Natural Gas - $45.32 Electricity - $59.44 Water - $42.07 Other expenses: Cable/WiFi - $79.10 Telephone - $44.91 Insurance - $24.50 Condo Fees - $125.00 Property Tax - $106.69 Debt Interest - $446.81 Total May '10 Housing Costs: $973.84 Rent collection from roommates: $1,540.00 Monthly Surplus: $566.16 ------------------------------------------------------------- The bills are decreasing due to the summer months. Property taxes went up a bit as well as insurance as they typically do. The prime interest rate in Canada went up by 0.25% so there was a small increase in borrowing costs. I'm in the midst of attempting to refinance my mortgage with the renovation debt so I'll keep you informed

07-11-10, 10:57 PM	#34
StickyDrumGuy Guest Posts: n/a	The only thing about the cam gear pump is that the

07-11-10, 10:58 PM	#35
StickyDrumGuy Guest Posts: n/a	fire kind of pulses as the cam gear rotates. If you use the spur gear pump that is LDU's stock

07-11-10, 11:02 PM	#37
StickyDrumGuy Guest Posts: n/a	like gear reduction motors. I find it best to turn the pump slower because you really don't need a whole lot of oil dripping on the atomizer ball.