Tag: real estate
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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…
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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 I’ve never withdrawn an application so there shouldn’t be a beef.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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Tuesday, October 11
Still nothing from the surveyor. They sure like to overpromise and underdeliver. I forgot to mention in a previous post that I calculated the true cashflow combined for both of our properties and it is $102-. That is not too bad when I realize that we are almost living for free. The bad part is…
Winning the Rat Race 