So much has happened since I last wrote, but I just couldn’t make the time.
This week has been pure pleasure compared to last week. I was booked solid with a couple of 16 hour days there!
Alrighty, let’s see if I can catch you up on our progress. Monday before last, the inspectors met the listing [...]
Oh, I’m so excited! It looks like, as a result of a chance meeting and being somewhat decent at self-promotion (I know–where’s my modesty?), I’m going to have the opportunity to represent a major chain throughout Oklahoma as they select, lease, and build out their retail locations! I won’t be able to say more than [...]
A realtor buddy of mine called me yesterday to let me know an out-of-state investor is preparing to sell his two duplexes in a very desirable rental area. He wanted to know if I would be interested in them. Heck, yeah!
I can’t say much yet–I don’t know much about them yet. I know some numbers, [...]
Well, we got the quadplex a few days ago, but I only got the signed contract yesterday. So, I didn’t want to spill the beans before I had proof of the deal!
I’m unpleasantly surprised how expensive money has gotten recently! So far, from my research, it looks like I will either have to pay points–which [...]
I wonder, what is the failure rate for new real estate investors? I’ve heard that 90% of all new Realtors won’t make it to year 2. Wikipedia says that “Realty Times” gives a failure rate of more than 86% for real estate agents in their first year and says that 70% of the [...]
Well, it’s high noon. The seller and I are squared off. Somebody’s about to flinch–but, it won’t be me! We’re inches away from settling on a price for one of the quadplexes I’ve found. The sellers paid too much for the property when they bought it. So, they’re trying to minimize their loss. The property’s [...]
Have you heard about this?!? Apparently, the KwickSet brand and other cheap locks we all put on rental units are VERY easy to break into by a quick process called “lock bumping”.
See the video here.
Trisha’s Coffee Fund
Well, it’s tax time! I’ve got all Quickbooks up to date. All of our W2’s and 1098’s have arrived. So, now, it’s time to arrange it all and send it off to the CPA. I’m glad I’ve kept good, organized files over the past year. I’m not panicked like I would be otherwise.
Before I forget [...]
Holy cow! This is my 301st post! Wow, I’ve been at this a long time.
Well, as emotionally attached to that retail strip as I eventually became, I think I’ll manage to love again. I’m looking for rebound properties that aren’t as weak as a rebound human relationship would be. I guess I’m looking for something [...]
