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Monday, April 10
I think we finally have our vacancy filled. I showed the place twice today and got a deposit this afternoon. They are slated to move-in on May 1 at $2500 per month. Rents have dropped a little. We are getting $2600 next door and I think it’s a less desirable unit. Regardless, we are still…
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Monday, April 3
We went on a two-week vacation which is why there has been radio silence for so long. The tenants at the duplex moved out and left the place spotless. I think they put purposefully put vacuum lines in the carpet. The place looked great! I’m happy about that. I listed the unit on Saturday, showed…
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Wednesday, March 15
The plans have been assigned to almost all the disciplines at the city. We have already gotten notes back for one of them. Progress! I am going to need a general contractor on the permits in order to secure financing. I didn’t really want to do that because I have enough resources to help me…
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Sunday, March 5
I dropped the rent for our soon to be vacant unit to $2700 per month. That increased the traffic to the listing by quite a bit. I met with someone today to look at the unit. She and three other people would be moving in, and the applicant was pretty excited about it. She asked…
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Friday, March 3
I met with Russell, the plumber, and my dad at the duplex. The existing water heaters are in the laundry room, which will be demolished, and I wanted to have them look at solutions to move them before the demolition. I also wanted them to get ideas together for the main project because I will…
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Tuesday, February 28
Two days in row I have gotten my butt out of bed at 4:30! The puppy does help, though. I HAVE to get up and let him out to pee. It’s what I do after he’s done his business where it all falls apart. Anyways, two days in a row feels good. I’m excited to…
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Monday, February 27
I made an appointment for Wednesday with Russell, the plumber, and my dad to look at the plumbing situation at the duplex. While we’re there I’m going to talk to the next-door neighbor about cutting down his tree. Hopefully, it goes well because it just sits in the back of my mind bugging me. I’m…
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Saturday, February 25
The plans have been officially submitted for review! We have a project number and everything. I’m pretty excited, needless to say! My wife, who works in Development Services for the City, is estimating the plans will be approved in three to four months. That is quicker than I expected but good news, nonetheless. Now I…
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Friday, February 24
I got all the plans last night from Lyla! I also hired Tim the permit expeditor which will be a huge help since I have no idea what I’m doing. I sent him $750 as a retainer. He charges $95/hour and anticipates about ten hours of work. I think I can start getting bids from…
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Wednesday, February 22
I got an email from a man whom Lyla, the architect, referred to me. She had mentioned him to me before and that he would be contacting me. He was a little vague in the explanation of the service. I asked him to elaborate and he explained that his firm will handle the permit submission…
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Winning the Rat Race 