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Wednesday, February 15 Plans!
Lyla contacted me because she received the T24. We cannot go with electric tankless water heaters because they draw way too much power. We would have to spend a fortune on solar panels which means we will be going with heat pump type electric water heaters. She asked for her second payment of $3,000. I…
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Thursday, February 9
Yesterday, I finished providing all our tax documents to Suzie, our accountant. Then we received an email with out 2022 Tax Organizer. It’s a bunch of paperwork I need to fill out with all pertinent yearly tax information. This is new and I’m not looking forward to it. I emailed Lyla yesterday asking for an…
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Tuesday, February 7 Bonus Depreciation
The plans were supposed to be submitted sometime this week, but I haven’t heard anything from Lyla. Last we emailed, she was asking about heating and cooling solutions for the new units and also inquired about the electric panel/meter situation. There are two new panels for the existing units. I told her we’ll need three…
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Monday, January 30
Anton, the loan officer, contacted me on Friday to check-in. I told him the Record of Survey has been recorded, the topo is finished, the structural engineer is doing its part, and that Lyla plans to submit the plans within the first two weeks of February. He was pretty excited that things were moving along.…
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Friday, January 27
I have not gotten out of bed at the time I want at all for the last two weeks. I’m not sure what my problem is. It’s really annoying and discouraging. I need to create a sense of urgency like if I was unemployed. Lyla, the architect, emailed me today asking about the laundry room.…
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Wednesday, January 25
There isn’t a bunch to write because not much has been going on. The roofers began removing the old roof today. There was only one roof but we wanted it remove to see if there’s any damage that needs repair. Might as well do it while we’re there. The old roof is about thirty-years-old.
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Thursday, January 19 New Puppy
We got a puppy right before Christmas and it has really thrown off my routine. I need to adjust soon. I haven’t gotten up at the time I want to, my morning routine is all out-of-whack because I don’t want to wake up everyone with a puppy who wants to play. He knows I’m up…
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Tuesday, January 17 Rain
Well, we have to replace a roof earlier than we had anticipated. I got a text and video yesterday morning around 8:30 from one of the tenants at our duplex saying that the ceiling was leaking and the laundry room was flooded. I let out a big sigh and replied letting her know I would…
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Thursday, January 12
Today I contacted Jim. I sent him the financials for the 14-unit apartment complex that my friend, Ryan, showed me. I told him that I wanted to see how he would underwrite the loan. I told him I didn’t want to make an offer but to learn some things. He got all excited because he…
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Winning the Rat Race 