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Monday, November 21
The damn unit is still vacant. When I listed the unit, it was the only 1/1 in the vicinity. Now the market is flooded. In the past, I’ve never really felt the pain of trying to get something rented in the winter. I don’t recall if I’ve never had a winter vacancy or if I’ve…
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Monday, November 14
No news on the survey front, but I wasn’t expecting anything until this week. Fingers crossed the county finishes its review. We contracted with a landscaper to put low-water plants and bark at our duplex. We just recently had the yard scraped but we needed to get it landscaped soon because we just got some…
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Monday, November 7
I have been slacking in writing posts. I suppose it’s because no movement has been made in the process. We are in day 10 of the waiting period for the county to give its notes on the survey. The surveyor said turnaround is about 15-18 days. My wife and I (mostly I) have given over…
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Monday, October 31
The new tenants have moved into the duplex. They’re going to be a kind of a pain-in-the-ass because I’m going to have to deposit a handful of money orders each month. Oh well, they are paying $2,600/month which is $598 more than before. We’re pretty happy about that. The surveyor emailed me and said that…
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Wednesday, October 26
I still haven’t heard from Jim. Pretty sure he’s mad at me but, oh well. I’ve never withdrawn an application so there shouldn’t be a beef. The damn unit still smells like guinea pigs. On a positive note, though, I installed curtains last night, took pictures, listed it for rent (2600/mo) on Zillow, and pretty…
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Monday, October 24
I’m back from vacation. It’s been a few days since I have written a post and I can’t remember if I mentioned withdrawing our application for HELOC. Because we have two units being vacant at potentially the same time, I thought it would be a good idea to revisit the HELOC after some increased rents.…
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Tuesday, October 18
I have slacked. I started out last week pretty well and even wrote something on a Wednesday. Then I fizzled out. The HELOC process is proving to be a pain. We have Trust paperwork that we have to fill-out and get notarized. I have to explain a repair from 2020. I’m leaving for a vacation…
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Friday, October 14
This HELOC process is getting annoying. The latest request from Jim is to fill out a Trust document, get all the mortgage history, and go back two years to explain a $13k repair. Wish me luck. Today is the supposed day-to-vacate for the guinea pig tenants. Hopefully, there will be a peaceful transition. I sent…
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Thursday, October 13
Nothing much has happened since yesterday. Tomorrow, the guinea pig tenants should be vacating…we’ll see. I have to rethink my strategy with less funds coming. Should I still focus on small multifamily properties or should I start out with single-family homes?
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Wednesday, October 12
I actually followed through on my morning routine and am writing a blog post on a Wednesday instead of crashing and burning mid-week. I emailed the surveyor today asking for an update. Last I heard, they billed me for the balance and the fee for the submission to the county. For some reason the underwriter…
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Winning the Rat Race 