Winning the Rat Race

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  • Wednesday, December 21

    We are cleared to close! We are closing on the HELOC this Friday. It will have a $285,000 limit. Our existing HELOC will be paid off, along with a couple other debts, and we’ll get a $10,000 advance. I haven’t heard anything from the topo surveyors regarding Monday’s appointment. Hopefully, everything went well. The tenant…

    Brian Asaro

    December 24, 2022
    Uncategorized
  • Thursday, December 15

    We have the topography survey scheduled for Monday! I know I’m a little excited but it’s nice to see progress. I haven’t seen the ROS recorded yet, but the topo survey will begin anyways. They are going to use the first draft of the survey with the notes from the county on it. I did…

    Brian Asaro

    December 18, 2022
    investing, real estate, Uncategorized
    bigger pockets, financial freedom, HELOC, investor, mistakes, multifamily, rat race, real estate, rentals, retired
  • Friday, December 16

    No action since yesterday so there’s not much to write. We are waiting on the clear to close for the HELOC. Having access to those funds will allow me to breathe. We have some big checks to write soon. One for the topo, the structural engineer, the remainder of Lyla’s contract, and the ROS and…

    Brian Asaro

    December 16, 2022
    investing, real estate, Uncategorized
    apartments, bigger pockets, financial freedom, HELOC, investor, mistakes, multifamily, rat race, real estate, rentals, retired
  • Tuesday, December 13

    I fixed the leaky faucet after far too many trips to Home Depot. The tenant sent us a video of the leaky faucet just so we could eliminate any BS requests. It was legit. I took a look in-person, and it was leaking from inside the body. I went to HD and picked up a…

    Brian Asaro

    December 13, 2022
    investing, real estate, Uncategorized
    bigger pockets, financial freedom, HELOC, investor, landlord, mistakes, multifamily, rat race, real estate, rentals, retired
  • Monday, December 12

    The new tenant is all moved in. She noticed the kitchen faucet was leaking and sent me a text on Saturday evening. She instructed me to please fix it ASAP. It had a very demanding tone for a non-emergency. I showed my wife the text and she went Ricky Ricardo in my ear. I’m not…

    Brian Asaro

    December 12, 2022
    investing, real estate, Uncategorized
    bigger pockets, financial freedom, investor, mistakes, multifamily, rat race, real estate, rentals, retired
  • Tuesday, December 6

    I have not heard anything in regard to the ROS being recorded. I introduced Lyla, the architect, and Chad with the survey firm that will being doing the topo for the duplex. Chad asked if it was OK if they started work based upon the notes from the County on the ROS and I gave…

    Brian Asaro

    December 6, 2022
    investing, real estate, Uncategorized
    ADU, bigger pockets, financial freedom, HELOC, investor, mistakes, multifamily, rat race, real estate, rentals, retired
  • Friday, December 2

    We finally got the Record of Survey with notes from the county. Once again, I had to email twice before I got a response with the second being a bit snarky. The surveyor said it will be resubmitted to the County for recording which takes about a week or so. I emailed the Lyla, the…

    Brian Asaro

    December 2, 2022
    investing, real estate, Uncategorized
    bigger pockets, financial freedom, HELOC, investor, mistakes, multifamily, rat race, real estate, Record of Survey, rentals, retired
  • Thursday, December 1

    I’ve been neglecting to talk about how prospective tenants who have made an appointment to view the unit decide to not show. No notice, no nothing. When I first started being a landlord, people failing to show up to appointments made me mad. Now, I know that some people just don’t care and I can…

    Brian Asaro

    December 2, 2022
    Uncategorized
  • Tuesday, November 29

    I emailed the surveyor yesterday informing him I was just checking in. It has been about a month since the Record of Survey was submitted to the county. Hopefully, he will, at the least, reply in a timely manner so we don’t have to resort to a tersely worded conversation about customer service, again. The…

    Brian Asaro

    December 2, 2022
    investing, real estate, Uncategorized
    bigger pockets, financial freedom, investor, mistakes, multifamily, rat race, real estate, rentals, retired
  • Monday, November 28

    I have felt little motivation to write anything lately. The Record of Survey is still being reviewed by the county. We are still trying to get a tenant for our empty unit. I really dislike a vacancy in the winter. The new flooring looks nice. We will update the pictures on Zillow once the job…

    Brian Asaro

    November 28, 2022
    investing, real estate, Uncategorized
    bigger pockets, financial freedom, HELOC, investor, mistakes, multifamily, rat race, real estate, rentals, retired
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